The Central Government will provide a financial assistance of Rs 1,600 crore through the World Bank (WB) for the Himachal Pradesh Power Sector Development Programme.
A spokesperson for the Directorate of Energy of Himachal said here today that after including the state equity, the total programme would cost around Rs 2,000 crore. “The WB funding under the programme is expected to be available by early next year, and its duration will be five years, starting from 2023 to 2028,” he said.