Cabinet clears ₹ 1,600 crore initial spending for Dibang hydropower project - News Summed Up

Cabinet clears ₹ 1,600 crore initial spending for Dibang hydropower project


NEW DELHI: As part of the National Democratic Alliance (NDA) government’s focus on the north eastern region, the Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved ₹1,600 crore pre-investment and clearance expenditure Dibang hydropower project in Arunachal Pradesh. Even as India explores a diplomatic option, accelerating hydroelectric projects such as Dibang would secure it user rights. “The Dibang Multipurpose Project (Dibang MPP) is envisaged as a storage-based hydroelectric project with flood moderation as the key objective. Keeping in mind the future geo-economics of the region, the government has been pushing long-pending infrastructure projects. Japan has joined hands with India to aggressively develop infrastructure projects in the northeastern states.


Source: Mint July 17, 2019 13:18 UTC



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