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Centre Govt & AIIB Sign $304-million Pact to Boost Power Sector in Assam sentinelassam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sentinelassam.com Daily Mail and Mail on Sunday newspapers.
Government inks $304 million loan agreement to improve Assam s power transmission network SECTIONS Share Synopsis 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. ....
February 23, 2021 × The central government and the Asian Infrastructure Investment Bank (AIIB) on Tuesday signed a $304-million loan agreement to fund the Assam Intra-State Transmission System Enhancement Project . The project aims to strengthen the state’s electricity transmission system by constructing 10 transmission substations and laying transmission lines with the associated infrastructure as well as upgrading 15 existing substations, transmission lines, the Ministry of Finance said in a statement. Additionally, the project will involve upgrading existing ground wire to optical power ground wire. The total estimated cost of the project is $365 million, of which $304 million will be financed by AIIB while the Assam government will provide counterpart funding of $61 million. The loan comes with a 5-year grace period and a maturity of 24 years. One of the main reasons for the power-deficit scenario in Assam is the congestion of the electricity distributio ....
India, AIIB sign $304-mn loan agreement for Assam power transmission project timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
IRFC has posted strong growth in operating income of 20.7 percent CAGR between FY18-20 while net profits have grown at a CAGR of 26.3 percent during the same period. ....