Cabinet Clears Rs 81.46 Billion Tato-II Hydro Project
POWER & RENEWABLE ENERGY

Cabinet Clears Rs 81.46 Billion Tato-II Hydro Project

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved an investment of Rs 81.46 billion for the construction of the Tato-II Hydro Electric Project (HEP) in Shi Yomi district, Arunachal Pradesh. Scheduled for completion in 72 months, the 700 MW project (4 x 175 MW) will generate 2,738.06 million units of energy annually, strengthening both the state’s power supply and the national grid.

Implementation and Funding
The project will be executed through a joint venture between North Eastern Electric Power Corporation Ltd (NEEPCO) and the Government of Arunachal Pradesh. The Centre will provide Rs 4.59 billion in budgetary support for roads, bridges, and transmission lines, along with Rs 4.36 billion in Central Financial Assistance for the state’s equity contribution.

Economic and Social Benefits
Arunachal Pradesh will receive 12 per cent free power, plus 1 per cent for the Local Area Development Fund (LADF). The initiative is expected to significantly improve infrastructure, create direct and indirect jobs, and support local enterprises and MSMEs in line with the Aatmanirbhar Bharat vision.

Infrastructure Development
The project includes 32.88 kilometres of new roads and bridges, accessible for local use. Additional infrastructure, such as hospitals, schools, marketplaces, and playgrounds, will be financed from a dedicated Rs 200 million project fund. Local communities will also benefit from compensation schemes, employment opportunities, and CSR programmes. 

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved an investment of Rs 81.46 billion for the construction of the Tato-II Hydro Electric Project (HEP) in Shi Yomi district, Arunachal Pradesh. Scheduled for completion in 72 months, the 700 MW project (4 x 175 MW) will generate 2,738.06 million units of energy annually, strengthening both the state’s power supply and the national grid.Implementation and FundingThe project will be executed through a joint venture between North Eastern Electric Power Corporation Ltd (NEEPCO) and the Government of Arunachal Pradesh. The Centre will provide Rs 4.59 billion in budgetary support for roads, bridges, and transmission lines, along with Rs 4.36 billion in Central Financial Assistance for the state’s equity contribution.Economic and Social BenefitsArunachal Pradesh will receive 12 per cent free power, plus 1 per cent for the Local Area Development Fund (LADF). The initiative is expected to significantly improve infrastructure, create direct and indirect jobs, and support local enterprises and MSMEs in line with the Aatmanirbhar Bharat vision.Infrastructure DevelopmentThe project includes 32.88 kilometres of new roads and bridges, accessible for local use. Additional infrastructure, such as hospitals, schools, marketplaces, and playgrounds, will be financed from a dedicated Rs 200 million project fund. Local communities will also benefit from compensation schemes, employment opportunities, and CSR programmes. 

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement