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Government inks $304 million loan agreement to improve Assam s power transmission network
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The projects will include the construction of 10 transmission substations and laying transmission lines while another 15 existing substations will be upgraded and existing transmission lines will be converted to optical power wire.
AP
The projects seek to address the substantial energy deficits faced by Assam on account of congestion in electricity distribution and transmission networks.
The government has signed a loan agreement worth $304 million with the Asian Infrastructure Investment Bank (AIIB) to strengthen Assam’s electricity transmission system, the finance ministry said in a statement on Tuesday.