AGARTALA, March 14 � Power Grid Corporation of India Ltd (PGCIL) and Tripura State Electricity Corporation Ltd (TSECL) yesterday signed a deal for implementation of a World Bank aided project in the State.
The World Bank has granted Rs 1,376 crore for Tripura to create infrastructure in power transmission and distribution in the State.
Chief Minister Manik Sarkar, Power Minister Manik Dey, PGCIL chairman-cum-managing director RN Nayak and World Bank senior energy analyst Rohit Mittal were present at the signing of the MoU.
On the occasion, Sarkar asked PGCIL to implement the project within the stipulated three years time and assured that the State Government would provide all help including logistics to implement the power project.
The World Bank has altogether granted Rs 5,111 crore to the �North Eastern Region Power System Improvement Project� for Tripura, Assam, Meghalaya, Mizoram, Manipur and Nagaland, which would be operational this year itself.
�Over 3,488 km long high power transmission lines will be drawn and good number of transmission sub-stations will be set up in the region to modernise the existing transmission system, which will reduce the transmission loss and supply of power system will be improved,� Nayek told reporters. � PTI
