$ 400m loan for hydel project
New
Delhi,Sept
20,
2007
:
The
World
Bank
has
approved
a
loan
of
$400
million
to
the
Satluj
Jal
Vidyut
Nigam
Ltd,
a
joint
venture
between
the
Centre
and
the
Himachal
Pradesh
government
to
construct
a
412-mw
project
near
Rampur
on
the
River
Satluj.
The project will help in tapping the state's hydel capacity and provide power for a million more homes. The Rampur project will use water discharged by the joint venture's Nathpa-Jhakhri hydel project situated upstream on the Satluj.
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Video
OneIndia
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Story first published: Thursday, September 20, 2007, 16:00 [IST]