Government of India
The Union Cabinet has recently approved the funding and implementation of Ken-Betwa Interlinking of Rivers Project. The government will set up a special purpose vehicle (SPV) called Ken-Betwa Link Project Authority. The project is expected to generate 103 MW of Hydro power and 27 MW of solar power. The completion is targeted in eight years. The estimated cost of the project is Rs 44,605 crore. The Union Cabinet has approved a grant of Rs.36,290 crore and loan of Rs.3,027 crore for the project.
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Note: The above-mentioned project news is taken from ProjectX India | 1st January 2022 edition. Click here to buy this issue.