Friday, November 22, 2024
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World Bank funding for Power sector

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By Our Reporter

 SHILLONG: In order to improve the power transmission and distribution infrastructure in the Northeastern region, the Centre has sought $1.5bn from the World Bank. Meghalaya along with the other northeastern states are going to benefit from this project the information document of which will be ready by the beginning of next month.

Aimed at augmenting the present power transmission and distribution in the region, the project will see increased availability of power in the region, besides maintaining consistency – a key issue particularly in Meghalaya and the region in general.

The fund which will be earmarked for six states in the region, including Meghalaya, will cover important areas like intra-state transmission and distribution network besides upgrading the institutional capacities for sustainable and efficient processing of power sector.

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