Tripura aims for Rs 19.50 bn fresh investments in power
Tripura aims for Rs 19.50 bn fresh investments in power
POWER & RENEWABLE ENERGY

Tripura aims for Rs 19.50 bn fresh investments in power

The Tripura government has embarked on a plan to bring fresh investments of nearly Rs 19.50 billion to ensure uninterrupted power supply in the state, besides upgrading infrastructure.

Brijesh Pandey, secretary of the state power department, last week said the government has already brought investments worth Rs 20 billion crore in the last five years to strengthen the transmission and distribution system in the power sector, which has helped substantially reduce transmission loss.

Pandey said the Asian Development Bank (ADB) is implementing a project of Rs 11.50 billion to revamp the state's power sector infrastructure. At least 140 km of underground cables are targeted to be laid and as many as 1.2 lakh smart meters will be installed under the project.

The power department has been ranked second among the north-eastern states in the integrated ratings of power distribution utilities and customer service ratings of distribution companies in the last financial year, the power secretary said, adding that the state government has been working on a mission mode to cover all the habitations and households in the power supply network.

The state government has taken the initiative of setting up a 130 MW installed capacity floating power plant at Dumbur Lake in Dhalai district in collaboration with the National Thermal Power Corporation (NTPC).

See also:
Dependence on coal increases despite green energy push
Goa lays out ambitious plan for zero emissions by 2050


The Tripura government has embarked on a plan to bring fresh investments of nearly Rs 19.50 billion to ensure uninterrupted power supply in the state, besides upgrading infrastructure. Brijesh Pandey, secretary of the state power department, last week said the government has already brought investments worth Rs 20 billion crore in the last five years to strengthen the transmission and distribution system in the power sector, which has helped substantially reduce transmission loss. Pandey said the Asian Development Bank (ADB) is implementing a project of Rs 11.50 billion to revamp the state's power sector infrastructure. At least 140 km of underground cables are targeted to be laid and as many as 1.2 lakh smart meters will be installed under the project. The power department has been ranked second among the north-eastern states in the integrated ratings of power distribution utilities and customer service ratings of distribution companies in the last financial year, the power secretary said, adding that the state government has been working on a mission mode to cover all the habitations and households in the power supply network. The state government has taken the initiative of setting up a 130 MW installed capacity floating power plant at Dumbur Lake in Dhalai district in collaboration with the National Thermal Power Corporation (NTPC). See also: Dependence on coal increases despite green energy pushGoa lays out ambitious plan for zero emissions by 2050

Next Story
Infrastructure Urban

Global Rare Earth Supply Chains Diversify Away from China

In response to the rising global demand for rare earths critical for producing everything from electric vehicles to wind turbines, supply chains are undergoing a significant realignment away from China. Historically dominant in rare earth production, China's recent policies and geopolitical tensions have prompted Western nations and other stakeholders to seek alternative sources and bolster local capabilities. Rare earth processing involves two essential stages: initial extraction and subsequent refining into individual oxide compounds used to manufacture magnets essential in various industri..

Next Story
Infrastructure Urban

Coal India, US Firm to Explore Argentine Lithium

State-run Coal India Ltd is collaborating with a US company to explore lithium blocks in Argentina, a critical step in securing supplies of the essential battery material, according to an Indian source with direct knowledge of the matter. This initiative is part of India's participation in the US-led Minerals Security Partnership (MSP), which New Delhi joined last year to ensure a steady supply of minerals necessary to meet its zero-carbon objectives. As part of the MSP, India was invited to engage in 20-25 critical minerals projects, with four already identified by the Indian government. Indi..

Next Story
Infrastructure Energy

India's Coal Consumption Set to Surge Amid Hydroelectricity Shortfall

Amid a significant drop in hydroelectricity production caused by inadequate rainfall, India is gearing up to increase its coal consumption to satisfy rising power demands, according to S&P Global Commodity Insights. This shortfall in hydroelectric power is anticipated to perpetuate India's reliance on coal imports. During the fiscal year 2023-24, India's coal production approached the 1 billion metric ton milestone, reflecting the government's strategy to lessen dependency on imported coal. Nonetheless, the country has already imported approximately 85 million metric tons of thermal coal in 20..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000

Join us Telegram