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Cabinet approves the Revised Cost Estimate of Punatsangchhu-II Hydroelectric Project in Bhutan

India Blooms News Service | | Jul 13, 2016, at 10:06 pm

#Cabinet #Bhutan #Bhutan Hydroelectric Project

New Delhi, July 13 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for Revised Cost Estimate (RCE) of Rs. 7290.62 crore for the ongoing 1020 MW Punatsangchhu-II Hydroelectric Project (HEP) in Bhutan.

The total cost escalation for the project, at this stage, is Rs.3512.82 crore, read a government statement.

The Project will provide surplus power to India and thus augment power availability in the country and would enable project works to proceed smoothly without interruption.

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