New $231m loan approved for hydropower project in India
The Lower Kopili Hydroelectric Power plant, located in Central Assam, will have a total capacity of 120MW
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A loan worth $231 million (£170m) has been approved by the Asian Development Bank (ADB) for the construction of a hydropower plant in India.
It will support the development of the Lower Kopili Hydroelectric Power plant, with a total capacity of 120MW, in Central Assam.
The project will double the hydropower generation capacity of the Assam Power Generation Corporation.
It is the third and largest tranche of the $300 million (£221m) Assam Power Sector Investment Programme approved by the ADB in 2014.
$231 Million ADB Loan to Help Increase Supply of Clean Energy in India
News Release | 19 December 2020
MANILA, PHILIPPINES (19 December 2020) The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India.
This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) Lakwa gas project and improved distribution networks in the state.
The LKHEP plant will double the hydropower generation capacity of the Assam Power Generation Corporation. It will harness water from the Kopili River to generate a total capacity of 120 MW of electricity, particularly during peak demand periods.