The state government will receive  Rs 1,925 crore from the Asian Development Bank (ADB) for Tripura Power Generation Up-gradation and Distribution Reliability Improvement Project
The state government will receive Rs 1,925 crore from the Asian Development Bank (ADB) for Tripura Power Generation Up-gradation and Distribution Reliability Improvement Project|Representational Image
TRIPURA

Tripura govt seeks Rs 12,480 cr for 13 externally-aided projects

Among the 13 projects, eight would be funded by ADB, one each from AIIB, KFW, WB and two from JICA once approved by Central government, state law minister said

Chandan Panday

Chandan Panday

Agartala: The Tripura government has sent a proposal of Rs 12,480.23 crore for 13 externally-aided projects to the Central government for approval, said the law minister Ratan Lal Nath.

Speaking in a press conference, Nath said that the state previous government had left liabilities of Rs 13,000 crore, yet, the present government has maintained a good financial system in the state and the government is sending Utilization Certificates (UCs) and expenditure reports of every single penny.

“Among the 13 externally-aided projects, the state government will receive Rs 1,925 crore from the Asian Development Bank (ADB) for Tripura Power Generation Up-gradation and Distribution Reliability Improvement Project.

The different projects that need fund from ADB include- ‘Flood Management Programme of different Rivers and Streams in Tripura’ under PWD (WR) department with a project cost of Rs 1,405.70 crore, ‘Improvement and widening of state highways in Tripura’ with project cost of Rs 65 crore, ‘Infrastructure Development of Industrial Estate under TIDC Limited’ with project cost of Rs 406.70 crore.

This also include the infrastructure development of seven districts headquarters in Tripura’ with project cost of Rs 1,650.84 crore, scheme for augmentation of returns through high-value products and key interventions in forests (Mission SARTHAK)’ with project cost of Rs 1,630.50 crore, ‘Agartala smart city’ with project cost of Rs 500 crore, and ‘Development of tourism infrastructure and improvement of road connectivity to different Tourist destination in state’ with project cost of Rs 500 crore.

The projects of Asian Infrastructure Investment Bank (AIIB), KFW Development Bank of Germany and World Bank are ‘infrastructure development of AMC area’ with total project cost of Rs 1,342.64 crore, climate resilience of forest ecosystems, biodiversity, climate adaptive capacities in Tripura’ needs a loan of Rs 204.55 crore and pathway from poverty to empowerment: Transforming the lives of shifting cultivators and landless tribal forest dwellers of Tripura’ with project cost of Rs 329.75 crore, respectively.

Two projects from Japan International Cooperation Agency (JICA) are rural drinking water supply in Tripura with a total project cost of Rs 1,519.55 crore and Development of River Catchments on Tripura for Climate Change Adoption, Conservation of Biodiversity and Sustained Livelihood by harnessing the landscape in Tripura with a cost of Rs 1,000 crore.

For more such stories, follow us on Facebook, Twitter and Instagram. Activate Website Notifications to stay updated.

EastMojo
www.eastmojo.com