Loan for Uttarakhand Climate Resilient Power System Development Project

  • Agreement signed by the Government of India and the Asian Development Bank (ADB).
  • For availing of a $200 million loan from ADB.

Project Benefits:

  • Will modernise Dehradun city’s power network infrastructure by introducing an advanced and climate-resilient underground cable system comprising 537 km subterranean cables, 354 ring main units, and 99 compact substations.
  • Will enhance the current power system by installing upstream substations and their associated power lines.
  • Will help meet increasing electricity demand, reduce network congestion, and improve power distribution reliability in urban and suburban areas.
  • Will empower women self-help groups in rural hilly districts, providing them with access to renewable energy sources and energy-efficient equipment to enhance their livelihoods.
  • ADB will facilitate training programs for communities, focusing on energy conservation and business management skills.
  • Conduct awareness and educational activities in schools to promote opportunities for employment in the energy sector.
  • Will involve non-governmental organizations in implementing and monitoring the livelihood activities.
  • The Japan Fund for Prosperous and Resilient Asia and the Pacific, by the Government of Japan through ADB, will provide a $2 million grant to support livelihood enhancement, training, and awareness-raising activities of the project.
Posted in Current Affairs.