Business Daily from THE HINDU group of publications Friday, Sep 22, 2006 ePaper |
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Government
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Policy Industry & Economy - Power CCEA approves NE power project Our Bureau
The Cabinet Committee on Economic Affairs (CCEA) approved on Thursday a Rs 975.96-crore project to strengthen power lines in north eastern region. "The CCEA gave its approval for an estimated cost of Rs 975.96 crore, including interest during construction (IDC) of Rs 45.72 crore for Eastern Region Strengthening Scheme-I of Power Grid Corporation of India," an official spokesperson told reporters here. The project would be completed within 36 months. Besides benefiting the constituents of the Eastern Region, the transmission project would facilitate transfer of surplus power from Eastern part of the Eastern Region grid to the central areas from where it would get further transmitted through the existing transmission system.
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