Rs 3,184 crore for power sector in Himachal, CM expresses gratitude
Government of India on Tuesday recommended a financing facility of Rs 3184 crore through World Bank for Himachal Hydro Power and Renewable Power Sector Development Project.
The program was accepted by Department of Economic Affairs, (DEA), Ministry of Finance, GoI in 104th meeting of its Screening Committee on Tuesday and recommended to World Bank for financing. This financing would come in the pattern of 90 percent grant and 10 percent loan to Government of Himachal Pradesh. Chief Minister Jai Ram Thakur Tuesday expressed his gratitude towards government of India for this.
Additional Chief Secretary MPP & Power Ram Subhag Singh led the team comprising of MD HPPTCL R.K. Sharma, Special Secretary Power Hem Raj Bairwa and other officers from energy sector utilities in presenting the proposal to DEA.
