The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the North Eastern Region Power System Improvement Project (NERPSlP) for six States (Assam, Manipur, Meghalaya, Mizoram, Tripura and Nagaland) for strengthening of the Intra State Transmission and Distribution System at an estimated cost of Rs.5111.33 crore including capacity building expenditure of Rs.89 crore. The scheme is to be taken up under a new Central Sector Plan Scheme of Ministry of Power (MoP). The scheme is to be implemented with the assistance of World Bank loan and the budget of MoP. The project will be funded on 50:50 (World Bank loan: Gol) basis except the component of capacity building for Rs.89 crore for which GoI will bear entirely.
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