ADB to sanction $300 m loan to Uttarakhand: Bahuguna

Written by Press Trust of India | Dehradun | Updated: Mar 31 2013, 08:20am hrs
The Asian Development Bank has decided to extend a loan of $300 million to Uttarakhand to help the state government accelerate work on power generation and transmission projects, chief minister Vijay Bahuguna has said.

At a review meeting with power department officials here on Friday, Bahuguna said the ADB loan will be disbursed in phases and asked them to take up power generation and transmission work across the state on a large scale with the amount through Power Transmission Corporation of Uttarakhand (PTCUL) and Uttarakhand Jal Vidyut Nigam (UJVNL).

PTCUL MD SS Yadav said the corporation would strengthen the transmission system at a cost of R1,464 crore. He said PTCUL was setting up a 400 KV substation at Srinagar which would provide electricity in Alakananda River valley area. A 400 KV substation is being set up at Pipalkoti using GIS technique, he said adding a 150 km line from Srinagar to Kashipur is also being installed. A 220 KV, 132 and 33 KV stations will be set up in Dehradun by May this year, Yadav said.

MD of UJVNL JP Patel said five mini-hydropower projects were being set up by the Nigam namely Kaliganga 1 (2x2 MW), Kaliganga 2 (2x3MW), Sobla 1 (2x4MW), Madhmaheshwar (3x5MW), Kaldigar (2x4.5 MW).