Shillong: The Meghalaya government has signed an agreement with NEEPCO (North-Eastern Electric Power Corporation Ltd) for the development of two hydro-power projects in the state, an official statement said. The agreement for the development of 50-megawatt Wah Umiam Hydro Electric Project Stage-I and 100-MW Wah Umiam Hydro Electric Project Stage-II was signed between the two parties.
Deputy Chief Minister Prestone Tynsong, state power department Joint Secretary DD Shira and NEEPCO Director (Personnel) Anil Kumar were present at the programme.
Tynsong expressed his gratitude to NEEPCO and said that the signing of an agreement between the two parties is an "important and meaningful event."
The minister also assured that the state government will extend all support to the executing agency for the completion of the project at the earliest.
Tynsong, who is in charge of the state power department, said that power generation is a major problem faced by Meghalaya.
Currently, the state has the capacity to produce only 350 MW of power, while the requirement is 650 MW, he said.
According to the deputy chief minister, Meghalaya produces less than 250 MW of power even though it has the potential to generate 3,000 MW.
He urged the power department and NEEPCO to work jointly in making Meghalaya a surplus power producer.
Tynsong also asserted that the government, along with NEEPCO, is focused on enhancing the power generation capacity in the state.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)