The Centre on Wednesday approved a Rs 6,700 crore scheme for the improvement of Northeast’s power sector.
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the revised cost of Rs 6,700 crore for the North Eastern Region Power System Improvement Project (NERPSIP). The project had been initially approved in December 2014 as a central sector plan scheme of the power ministry.
The move aims at fuelling the economic development of the region through strengthening of the intra-state power transmission and distribution system.
The project will be implemented through PowerGrid, a public sector unit under the power ministry, in association with six beneficiary states — Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura — and is targeted to be commissioned by December 2021, an official statement said.
