New govt to fast track projects in northeast

The newly appointed government has started fast tracking power projects in Northeast India. For this, the Central Government has assured coal linkage to the proposed 660-MW Margherita Thermal Power Project in Assam. Assam´s request for coal linkage is awaiting clearance from the Centre since 2009. The power project is expected to be carried out in a JV mode and the state government´s public sector unit will partner with a central public sector unit for this project. It is estimated to cost about Rs 7,920 crore.