World Bank sanctions funds for transmission project in Tripura

The World Bank has sanctioned funds to the tune of Rs 13.76 billion for a transmission project in Tripura. The project will be implemented in five phases and involves increasing voltage levels of existing substations to 132 kV, renovation works in areas such as Ambassa, Jirania and Udaipur, and capacity augmentation of substations. A sum of Rs 4.61 billion has already been released for work in the first phase. The project is expected to be completed by 2020 and is likely to help Tripura State Electricity Corporation Limited strengthen its infrastructure and lower its transmission losses.