Subansri Hydel Gets Loan for Equipment Import
NHPC has reported progress on its 2,000 MW Subansiri Lower hydro project coming up in Arunachal Pradesh. Recently, the project has received Rs. 4,500 million from Coface, a French export credit insurance agency towards import of equipment required for the project. The mega hydel project is being developed at a cost of Rs.80,000 million. Alstom is the equipment supplier. NHPC has reportedly inked agreement with LIC for long term credit facility of Rs 65,000 million to fund Subansiri project, which is expected to be com timberland boots for men missioned by Septmber 2010.
National Hydroelectric Power Corp, Gerukamukh, Via Gogamukh, Distt. Dhemaji, Assam PIN 787034. Tel : 01292259921.
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