Rs 60 bn approved for northeastern states power infra
POWER & RENEWABLE ENERGY

Rs 60 bn approved for northeastern states power infra

The revised quote of the North Eastern Region Power System Improvement Project (NERPSIP) with an estimated cost of $910 million (Rs 60 billion), has been approved by the central government.

The cabinet committee on economic affairs gave their seal of approval to the North Eastern Region Power System Improvement Project (NERPSIP), paving the way for reinforced intra-state power transmission and appropriate distribution framework.

The scheme will be implemented by Powergrid along with six other beneficiary north-eastern states. Powergrid is a state-owned company. The six beneficiary north-eastern states are Meghalaya, Manipur, Mizoram, Assam, Tripura and Nagaland.

The plan is expected to be dispatched by December, one year from now. In December 2014, the Ministry of Power had approved the scheme as a part of the central sector plan scheme. The Government of India and the World Bank are providing joint financial support to the NERPSIP. Notwithstanding, the capacity-building component worth Rs 890 million ($12.1 million) which will be entirely funded by the Government of India.

When the scheme is authorised, the respective North-eastern state utilities will be responsible for owning and maintaining the project.

The implementing organisations have started recruitment procedures for hiring local labour force and begin the construction works. The undertaking is expected to create multiple job opportunities in the north-eastern region and will also help boost the economy. The implementing agencies will further recruit additional staff for the day-to-day activity and the upkeep of the assets, upon the completion of the project.

The revised quote of the North Eastern Region Power System Improvement Project (NERPSIP) with an estimated cost of $910 million (Rs 60 billion), has been approved by the central government. The cabinet committee on economic affairs gave their seal of approval to the North Eastern Region Power System Improvement Project (NERPSIP), paving the way for reinforced intra-state power transmission and appropriate distribution framework. The scheme will be implemented by Powergrid along with six other beneficiary north-eastern states. Powergrid is a state-owned company. The six beneficiary north-eastern states are Meghalaya, Manipur, Mizoram, Assam, Tripura and Nagaland. The plan is expected to be dispatched by December, one year from now. In December 2014, the Ministry of Power had approved the scheme as a part of the central sector plan scheme. The Government of India and the World Bank are providing joint financial support to the NERPSIP. Notwithstanding, the capacity-building component worth Rs 890 million ($12.1 million) which will be entirely funded by the Government of India. When the scheme is authorised, the respective North-eastern state utilities will be responsible for owning and maintaining the project. The implementing organisations have started recruitment procedures for hiring local labour force and begin the construction works. The undertaking is expected to create multiple job opportunities in the north-eastern region and will also help boost the economy. The implementing agencies will further recruit additional staff for the day-to-day activity and the upkeep of the assets, upon the completion of the project.

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?