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Tripura power project cost revised
Tripura’s 100 MW thermal power project that will mitigate acute power crisis in northeast India will now be implemented at a revised cost of Rs 623.44, having got the nod from the Union Cabinet Committee on Economic Affairs (CCEA).

Agartala: The revised cost estimate of Rs 623.44 crore for Tripura's 100 MW thermal power project has got the green signal from the union Cabinet Committee on Economic Affairs (CCEA).

"The CCEA headed by Prime Minister Manmohan Singh in its meeting held in New Delhi on Thursday approved the revised cost estimate of gas-based power project being implemented by the state-owned North Eastern Electric Power Corporation Limited (NEEPCO) at a cost of Rs 623.44 crore," a Tripura government official told reporters.

The power project to be commissioned at Monarchak in Sonamura, bordering Bangladesh, is scheduled to start generating electricity within 36 months of the starting of actual work. The Oil and Natural Gas Corporation (ONGC) will supply natural gas, reports IANS.

The official said the power project would contribute to the economic development of the northeastern states by providing 100 MW power and direct and indirect employment to the local population.

"Being a combined-cycle power station using natural gas and water, the plant shall be of high efficiency and also an environmentally compatible project, with negligible emission," the official stated.

According to the official, this power plant would mitigate the problem of power shortage in the northeastern region and the consequent need for import of power, particularly during the winter seasons.

"The power project would improve the hydro-thermal mix in the northeastern region and the country," the official pointed out.

Source: iGovernment

Theme : [Economy]