World Bank grants Rs 1,376 cr for power T&D network in Tripura

The World Bank has granted Rs 1,376 crore to create infrastructure in power transmission and distribution sector in Tripura, official sources said today.
The World Bank and Power Grid Corporation of India Ltd (PGCIL) would ink an agreement on Friday (March 13) next in presence of Chief Minister Manik Sarkar and state Power minister Manik De, officials of PGCIL, World Bank, Central Electricity Authority, Tripura State Electricity Corporation and Tripura power department.
The World Bank has altogether granted Rs 8,150 crore in the 'North Eastern Region Power System Improvement Project' for Tripura Assam, Meghalaya, Mizoram, Manipur and Nagaland, which would be operational this year itself.

Under this project, power transmission and distribution and transmission sub-stations would be modernised, state government officials said.