Latest Central Financial Assistance News & Updates

New Delhi, April 8 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved Rs 14,105.83 crore for the construction of Kalai-II hydro-electric project (HEP) on Lohit river in Anjaw district, Arunachal Pradesh.The estimated completion period for the project is 78 months.The project with an installed capacity of 1,200 MW (6 x 190 MW & 1 x 60 MW) is expected to generate 4,852.95 MU of energy annually.As the first hydro project in the Lohit…

New Delhi, March 18 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a scheme to support small hydro projects (SHPs) with an outlay of Rs 2,584.60 crore.The ‘Small Hydro Power (SHP) Development Scheme for the period FY 2026-27 to FY 2030-31 will support projects (between 1-25 MW capacity) to come up in different states — especially benefitting hilly and northeastern states with high potential for such projects.It will support 51 lakh person days of empl…