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Centre okays ₹8,146 crore investment for 700 MW hydro project in Arunachal Pradesh

Centre okays ₹8,146 crore investment for 700 MW hydro project in Arunachal Pradesh

Time of India14 hours ago
New Delhi: The Cabinet Committee on Economic Affairs (
CCEA
) on Tuesday approved an investment of ₹8,146.21 crore for the construction of 700 megawatt (MW)
Tato-II Hydro Electric Project
in Shi Yomi district of
Arunachal Pradesh
, with an estimated completion period of 72 months.
The Centre will provide ₹458.79 crore as Budgetary support for the construction of roads, bridges and associated transmission lines under enabling infrastructure, and ₹436.13 crore as central financial assistance towards the state's equity share.
The project, with an installed capacity of four units of 175 MW each, will produce 2,738.06 million units (MU) of energy annually. The power generated will improve electricity supply in Arunachal Pradesh and help in balancing the national grid.
The project will be implemented through a joint venture between
North Eastern Electric Power Corporation
(NEEPCO) and the Arunachal Pradesh government.
Arunachal Pradesh will receive 12 per cent free power from the project and another one per cent towards the Local Area Development Fund. The initiative will involve the development of about 32.88 kilometres of roads and bridges, which will largely be available for local use.
Essential infrastructure such as hospitals, schools, marketplaces and playgrounds will also be developed with a dedicated project fund of ₹20 crore. The project is expected to generate direct and indirect employment opportunities and extend benefits to local suppliers, enterprises and MSMEs.
According to the government, the Tato-II project is aligned with the objectives of the Aatmanirbhar Bharat Abhiyan and will contribute to infrastructure development and socio-economic growth in the region.
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