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WB to provide Rs 1100 crore loan to Tripura

By The Assam Tribune

AGARTALA, June 21 � The World Bank would provide a soft loan of Rs 1,100 crore to the Tripura Government for improvement of the transmission and distribution of power in the State, official sources said here today.

A five-member team of the World Bank headed by senior Energy specialist, Rohit Mittal today met the Tripura Power Minister, Manik Dey and Chief Secretary, S K Panda and gave an outline of reforming the old transmission lines and laying new lines, the sources said.

The Tripura Government had earlier submitted a project on �Transmission and Distribution of power in the State� and the World Bank has agreed to provide Rs 1,100 crore for the above project, the sources said.

The transmission line would be connected with Assam, the sources said adding it would be easier to transmit power from the State to other parts of the country and also for receiving the same.

The gas-based thermal project at Palatana in South Tripura district would start production by the end of next year and Tripura would be a power surplus State and would be able to export power to other States.

TC seeks alliance: After the success of the Trinamool Congress-Congress alliance in defeating the Left in West Bengal, the TC in Tripura wants to forge an alliance with the Congress to oust the Left Front Government in Tripura in the State Assembly elections due in 2013.

�We want to form an alliance with the Congress to bring a paribartan (change) in Tripura. We would be able to oust the corrupt and inefficient Left Front Government if we can fight the Assembly elections in 2013 unitedly,� president of the Tripura unit of TC, Manik Deb said here recently.

He said, �If the Congress wants that people�s aspiration of change of government in Tripura to become a reality then they should forge an alliance with us immediately,� Deb said.

He alleged that the the LF Government in Tripura have failed in all fronts like agriculture, industry, employment and fiscal management and needs to be changed.

�The Left Front Government has been ruling the State for 18 continuous years but they failed to create any asset properly. The government can generate only 13 per cent revenue of the State Budget and the rest comes from the Centre. The State Government is siphoning off Central fund for narrow party interests and Left leaders were indulging in nepotism,� Deb alleged.

He further alleged that the law-and-order situation in the State had collapsed. � PTI

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WB to provide Rs 1100 crore loan to Tripura

AGARTALA, June 21 � The World Bank would provide a soft loan of Rs 1,100 crore to the Tripura Government for improvement of the transmission and distribution of power in the State, official sources said here today.

A five-member team of the World Bank headed by senior Energy specialist, Rohit Mittal today met the Tripura Power Minister, Manik Dey and Chief Secretary, S K Panda and gave an outline of reforming the old transmission lines and laying new lines, the sources said.

The Tripura Government had earlier submitted a project on �Transmission and Distribution of power in the State� and the World Bank has agreed to provide Rs 1,100 crore for the above project, the sources said.

The transmission line would be connected with Assam, the sources said adding it would be easier to transmit power from the State to other parts of the country and also for receiving the same.

The gas-based thermal project at Palatana in South Tripura district would start production by the end of next year and Tripura would be a power surplus State and would be able to export power to other States.

TC seeks alliance: After the success of the Trinamool Congress-Congress alliance in defeating the Left in West Bengal, the TC in Tripura wants to forge an alliance with the Congress to oust the Left Front Government in Tripura in the State Assembly elections due in 2013.

�We want to form an alliance with the Congress to bring a paribartan (change) in Tripura. We would be able to oust the corrupt and inefficient Left Front Government if we can fight the Assembly elections in 2013 unitedly,� president of the Tripura unit of TC, Manik Deb said here recently.

He said, �If the Congress wants that people�s aspiration of change of government in Tripura to become a reality then they should forge an alliance with us immediately,� Deb said.

He alleged that the the LF Government in Tripura have failed in all fronts like agriculture, industry, employment and fiscal management and needs to be changed.

�The Left Front Government has been ruling the State for 18 continuous years but they failed to create any asset properly. The government can generate only 13 per cent revenue of the State Budget and the rest comes from the Centre. The State Government is siphoning off Central fund for narrow party interests and Left leaders were indulging in nepotism,� Deb alleged.

He further alleged that the law-and-order situation in the State had collapsed. � PTI