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“I direct all concerned departments and Deputy Commissioners to ensure that there are no delays from the state government in expediting the necessary tasks required for clearances.
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Hydropower is vital for our state’s revenue, employment, and economic opportunities. We must ensure that all projects move forward swiftly and efficiently,” he said.
Recalling the Union Cabinet’s approval for providing Central Financial Assistance (CFA) to the State Governments of NER towards their equity participation for development of Hydro Electric Projects in the North Eastern Region (NER) through Joint Venture (JV) Collaboration between State entities and Central Public Sector Undertakings granted last week, Khandu said the biggest stakeholder is Arunachal Pradesh.
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He informed that the Union Cabinet decision is a result of the state’s persistent requests and would benefit Arunachal Pradesh the most given its huge hydropower potential.
The Centre’s decision has an outlay of Rs. 4136 crore to be implemented from FY 2024-25 to FY 2031-32. A cumulative hydro capacity of about 15000 MW would be supported under the proposal. The projects would be funded through 10% Gross Budgetary Support (GBS) for North Eastern Region from the total outlay of the Ministry of Power.