Cabinet approves Investment Proposal for construction of 186 MW Tato-I Hydro Electric Project in Shi Yomi District of Arunachal Pradesh with an outlay of Rs.1750 crore and completion period of 50 months
The Project will be implemented through a Joint Venture Company between North Eastern Electric Power Corporation Ltd. (NEEPCO) and the Government of Arunachal Pradesh. Government of India shall extend Rs.77.37 crore as budgetary support for construction of roads, bridges and associated transmission line under enabling infrastructure besides Central Financial Assistance of Rs.120.43 crore towards equity share of the State.
The state would be benefitted from 12% free power and another 1% towards Local Area Development Fund (LADF) besides significant infrastructure improvement and socio-economic development of the region.
There will be significant improvement in infrastructure, including the development of around 10 kilometres of roads and bridges, for the project which shall be mostly available for local use.
The district will also benefit from the construction of essential infrastructure such as hospitals, schools, vocational training institutes like ITIs, marketplaces, playgrounds, etc. to be financed from dedicated project funds of Rs.15 crore. Local populace shall also be benefitted from many sorts of compensations, employment and CSR activities.
