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The Ambassador of Nepal to India, Shankar Prasad Sharma, has called for Indian business community to consider investing in Nepal, and added that New Delhi is the number one place to promote investing in Nepal.
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ADB has said that it will provide loan of altogether 562.8 million USD, which is about Rs 4,143 crore, for power projects in Uttar Pradesh and Meghalaya.
On the recommendations, the center is going to create a high-level committee for changing the structure and system of power sale and purchase in the country.
Paving path for New India, the Northeast states have outshined bringing progressive development in many sectors. Continuing this by upgrading power generation, transmission and distribution, the Asian Development Bank (ADB) has sanctioned Rs 1,925 crore to Tripura. With ADB’s sanction, which is the highest ever in the state, Tripura is going to be a model state in power sector by supplying uninterrupted service.
Aiming to ensure that its consumers receive uninterrupted power supply, Goa Electricity Department is set to transform, upgrade and strengthen its outdated infrastructure at an estimated cost of over Rs 1,000 crore in the next two years.
Andhra Pradesh Nara Chandrababu Naidu has directed officials to incorporate the best possible global technologies in order to refine the existing power sector in the state.
Moving forward the India-Japan co-operation more Cabinet has approved two more Memorandum of Cooperation in the field of energy and technology. One MoC is about establishing a liquid, flexible and global LNG Market and another is on the on the "Technical Intern Training Program (TITP)".
