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Funding issues delay Tuirial HEP
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Em News Bureau
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Saturday, September 29, 2012, 16:01 Hrs [IST] |
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The release of funds from ministry of Development
of North Eastern Region DoNER has been
delaying the implementation of NEEPCO's 60-
mw Tuirial hydro electric project in Mizoram. As per the
investment approval on the revised cost, the DoNER
ministry is to provide a grant of Rs.300 crore. However,
NEEPCO has not
yet received the
DoNER grant and
this is
contributing to
more delays in the
project schedule.
The ministry of
DoNER is required
to release grant
Rs.100 crore in each in three successive years starting
from 2010-11. Accordingly, an investment approval was
issued to the project in January 2011. The power
ministry has taken up the matter with DoNER ministry
several times but despite repeated requests, NEEPCO
has yet to receive the grant.
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