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Construction : Power Update | August 2015 | Source : CW-India

CCEA approves intra-State power transmission system

The Cabinet Committee on Economic Affairs approved the creation of an intra-state transmission system in Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra and Rajasthan at an estimated cost of Rs 8,548.68 crore. The transmission system will be set up with Rs 3,419.47 crore, roughly 40 per cent of the total estimated project cost, through contribution from the National Clean Energy Fund. A loan from German development bank KfW will provide an additional 40 per cent of the project cost and the remaining 20 per cent will be through State contribution. The project is proposed to be completed within a period of three to five years.
 
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