NE Power Meet Resolves To Seek Funds

NE Power Meet Resolves To Seek Funds

Power ministers of Meghalaya, Assam, Arunachal Pradesh, Nagaland, Tripura, Mizoram and Manipur underlined the need to approach the Centre for a change in the funding pattern for states in the region, which still need development in the power sector.

The ministers raised this issue at the two-day 18th North-eastern Regional Power Committee (NERPC) meeting, which concluded here today.

At present, there are projects being implemented in the region with a funding pattern of 90 per cent funded by the Centre and 10 per cent by the states.

There are also projects where the funding is on a 50:50 and 80:20 basis.

Meghalaya power minister and NERPC chairman Comingone Ymbon said all states in the region must urge the Centre to give special attention to the overall development of the power sector in the region. Read More…

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