The Cabinet Committee on Economic Affairs Wednesday approved the revised cost estimate of a project to improve the safety of 198 dams across the country.
The revised cost has now been pegged at Rs 3,466 crore. Originally, the total cost of the project was Rs 2,100 crore with state component of Rs 1,968 crore and central component of Rs 132 crore.
The scheme envisages comprehensive rehabilitation of 198 existing dam projects located in Kerala, Madhya Pradesh, Odisha, Tamil Nadu, Karnataka, Jharkhand and Uttarakhand.
The project will improve the safety and operational performance of selected existing dams and mitigate risks to ensure safety of downstream population and property, an official statement said.
The primary beneficiaries are both urban and rural communities dependent on reservoir and downstream communities, which are prone to risk associated with dam failure or operational failure.
Through institutional strengthening component, effectiveness of Dam Safety Organisations will be increased to take the lead in making dams safe from structural and operational point of view through capacity building of staff and officials.
Initially the project was for six years, commencing in April 2012 with a scheduled closing in June 2018.
The project implementation was granted in-principle approval for two years extension in 2017 by the Water Resources Minister and the World Bank with a revised closure date of June 30, 2020.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
