• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Sept.14

The World Bank today approved a $400 million loan to the public sector power company, Satluj Jal Vidyut Nigam Ltd (SJVN), for developing a run-of-river hydropower plant on the river Satluj that will provide renewable, low-carbon energy to India’s over-stretched Northern Electricity Grid.

The 412 MW Rampur project in Himachal Pradesh supports the Centre’s plan to develop hydropower to help meet the country’s energy needs and thus provides all its citizens with access to electricity, according to a Bank statement issued from Washington.

“Low access to power is not just an economic constraint but also works to keep the poor from improving their lives,” said Ms Isabel Guerrero, World Bank Country Director for India. It prevents farmers from running irrigation pumps to water their fields.

The Rampur project will produce electricity sufficient to electrify a million additional households.

More Stories on : Power | Credit Market | RBI & Other Central Banks | Other States

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Deluge in Kochi

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line