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ADB sanctions about Rs 2000 Cr for power projects in Tripura

Asian Development Bank has sanctioned 1,925 crore rupees project for upgradation of power generation and distribution in Tripura.

Deputy Chief Minister and Power Minister Jishnu Dev Varma told reporters in Agartala that the amount was recently sanctioned to the Tripura State Electricity Corporation Limited after the state government had sought the ADB’s assistance.

Mr Varma said that the project has been sanctioned for upgrading capacity of 63 MW Rokhia Project to 120 MW at an estimated cost of over 699 crore and modernising Gumti Hydro Electric Project at an estimated cost of nearly 1225 crore rupees.

Rokhia project is located at West Tripura district whereas Gumti project is in Gomati district.

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