Tripura seeks Rs.11 bn World Bank aid to improve power scenario
June 21st, 2011 - 10:09 pm ICT by IANSAgartala, June 21 (IANS) The Tripura government has sought aid of Rs.11 billion from the World Bank to improve the power scenario in the northeastern state, an official said here Tuesday.
“The Tripura government has submitted a Rs.1,102 crore proposal to the World Bank through the union power ministry to improve the electricity distribution system in the state,” power department official U.K. Chakma told reporters.
“State-owned PGCIL (Power Grid Corporation of India Limited) has prepared the detail project report of the Rs.1,102 crore proposal, which is being studied by the World Bank now,” he added.
A five-member World Bank team, headed by Rohit Mittal, senior energy specialist for India, arrived here Monday. The team Tuesday held a series of meetings with state Power Minister Manik Dey and senior government officials, including Chief Secretary S.K. Panda.
According to Chakma, out of Rs.1,102 crore, the central government would give 10 percent, five percent would be borne by the state government and the remaining 85 percent would be given by the World Bank. Of the total allocation of the World Bank, 10 percent would be loan and 90 percent would be a grant.
The state government had proposed to modernise all power transmission lines, set up new power stations and erect underground power supply lines and other related infrastructure work as part of the overall development of the power distribution system.
The modernisation work and extension of power transmission lines have been necessitated in view of the under-commissioning of two mega thermal power projects in Tripura - Palatana (726 MW) and Monarchak (104 MW) - which are expected to be commissioned by 2012 and 2014, respectively.
The gas-based Palatana power project in southern Tripura is being commissioned by the state-owned Oil and Natural Gas Corporation (ONGC) at a cost of Rs.9,000 crore at Palatana, 60 km south of Agartala.
The Monarchak power project is being executed by the public sector company North Eastern Electric Power Corporation (NEEPCO) at Sonamura in western Tripura at a cost of Rs.421 crore.
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- Six firms keen to partner ONGC for Tripura fertilizer plant - Apr 12, 2012
- NEEPCO project in Tripura to run by water, thermal heat - Dec 25, 2010
- ONGC's first commercial power project to start next year - Oct 24, 2010
- ONGC to set up n-plant, fertilizer unit, solar projects - Dec 29, 2011
- Turbines for Tripura power project being brought via Bangladesh - Mar 18, 2011
- ONGC to set up gas-based fertilizer plant in Tripura - Jan 24, 2012
- ONGC's Rs.24 bn Assam project on fast track - Jul 23, 2011
- Revised cost for Tripura power project gets nod - Jan 28, 2011
- ONGC project to help end northeast's power crisis - Aug 21, 2010
- Equipment reaches Tripura power plant via Bangladesh - Mar 30, 2011
- Heavy machines for Palatana power project reach Agartala via Bangladesh - Apr 12, 2011
- Power crisis grips northeast India: Tripura minister - May 10, 2012
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