For the North Eastern Region Power System Improvement Project (NERPSIP), Prime Minister Narendra Modi chaired Cabinet Committee on Economic Affairs approved the revised cost estimate of Rs 6,700 crore, on Wednesday. The government believes that the NERPSIP is a major step towards the economic development of the region through the strengthening of intrastate transmission as well as distribution systems. According to an IE report, this ambitious project is being implemented through the Public Sector Unit Powergrid, in association with beneficiary states Assam, Tripura, Meghalaya, Mizoram, Manipur, Nagaland. The target for the completion of this project is December 2021. Once commissioned, it will be owned as well as maintained by the respective state utilities.
