Live Breaking News & Updates on Baldeo Purushartha

Stay updated with breaking news from Baldeo purushartha. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Centre Govt & AIIB Sign $304-million Pact to Boost Power Sector in Assam

Government inks $304 million loan agreement to improve Assam's power transmission network


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. ....

Rajat Misra , Baldeo Purushartha , Asian Infrastructure Investment Bank , Assam Electricity Grid Corporation , Power Transmission Network , Power Supply , ராஜாத் மிஸ்ரா , ஆசிய உள்கட்டமைப்பு முதலீடு வங்கி , அசாம் மின்சாரம் கட்டம் நிறுவனம் , பவர் பரவும் முறை வலைப்பின்னல் , பவர் விநியோகி ,

AIIB sanctions $304-m loan for Assam electricity infra upgrade


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 ....

Rajat Misra , Baldeo Purushartha , Asian Infrastructure Investment Bank , Department Of Economic Affairs , Assam Electricity Grid Corporation Ltd , Assam Intra State Transmission System Enhancement , Electricity Grid Corporation Ltd , Joint Secretary , Economic Affairs , Acting Director General , Investment Operations , Infrastructure Upgrade , ராஜாத் மிஸ்ரா , ஆசிய உள்கட்டமைப்பு முதலீடு வங்கி , துறை ஆஃப் பொருளாதார வாழ்க்கைத்தொழில்கள் , அசாம் மின்சாரம் கட்டம் நிறுவனம் லிமிடெட் , அசாம் இன்ட்ரா நிலை பரவும் முறை அமைப்பு விரிவாக்கம் , மின்சாரம் கட்டம் நிறுவனம் லிமிடெட் , கூட்டு செயலாளர் , பொருளாதார வாழ்க்கைத்தொழில்கள் , நடிப்பு இயக்குனர் ஜநரல் , முதலீடு செயல்பாடுகள் , உள்கட்டமைப்பு மேம்படுத்தல் ,