21st November, 2002
Ministry of Power  


SETTING UP OF 500 MW POWER PROJECT IN NORTH-EAST REGION


LOK SABHA

The Tripura Gas Based Power Project (500 MW) figures in the capacity addition programme of the Ministry of Power for Tenth Five Year Plan. This project has already been accorded Techno-Economic Clearance by CEA.

This project was posed to the JBIC for funding in 2002-03 and the JBIC Fact Finding Committee and the Appraisal Committee have conducted their scrutiny.

The Power Finance Corporation has given in-principle clearance for sanction of loan upto 40 per cent of the completion cost of the project after detailed appraisal within its policy frame work.

This information was given by the Minister of State for Power, Smt. Jayawanti Mehta, in a written reply to a question by Shri Basudeb Acharia, in the Lok Sabha today.