North-East states get Rs 4,136 crore equity support for 15,000 MW hydel projects

The government has sanctioned Rs 4,136 crore in equity support to northeastern states to speed up the development of hydropower projects with a total capacity of 15,000 MW by 2032. The funds will support joint ventures with Central public sector developers, minimizing delays in land acquisition and local issues, and ensuring project viability through various financial provisions.