Government of India and ADB sigh $200 million loan for Uttarakhand climate resilient power system development project

Project 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

The Government of India has teamed up with the Asian Development Bank (ADB) to get a $200 million loan to improve the electricity supply in Uttarakhand.

The loan agreement was signed by Ms. Juhi Mukherjee from the Indian Ministry of Finance and Mr. Hoe Yun Jeong from ADB.

This funding from ADB will help make Uttarakhand’s power system better, more efficient, and reliable, with the aim of providing continuous electricity to the people 24/7.

The project will upgrade the power system, making it easier to use renewable energy and reducing power cuts. It will also modernize the power network in Dehradun city by installing underground cables, substations, and power lines. This will help meet the growing demand for electricity, reduce congestion, and make power distribution more reliable in urban and suburban areas.

Additionally, the project will support women self-help groups in hilly rural areas, giving them access to clean energy sources and energy-efficient equipment to improve their livelihoods. ADB will provide training programs on energy conservation and business skills and promote employment opportunities in the energy sector through school awareness programs.

The Japan Fund for Prosperous and Resilient Asia and the Pacific, funded by the Japanese government through ADB, will give a $2 million grant to support livelihood improvement, training, and awareness activities related to the project.

ADB will also help build the capacity of the Power Transmission Corporation of Uttarakhand Limited and the Uttarakhand Power Corporation Limited by offering leadership and project management training. They will work with the Energy Department to create a plan for Uttarakhand to transition to low-carbon energy sources.

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