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WB aid for THDC hydro power project

WB aid for THDC hydro power project

The World Bank will pro­vide a loan of $ 648 million to the state run THDC India for constructing the Vishnugad Pipalkoti hydroelectric plant. This plant on the Alaknanda river is expected to generate 1,665 million units of electri­city annually. The World Bank in a statement said that the pro­ject would help meet the sharp daily spurts in demand from households and industries at peak electricity consumption time. This would represent a valuable addition of peaking power to India's Northern Grid, which faces severe power shortages at high-con­su­mption times.

The 444 MW Vishnugad Pipalkoti Project would also help reduce India's greenhouse gas emissions by 1.6 million tonne each year, compared to a thermal plant of the same capacity. The project will build a 65 m diversion dam near Helang village in Chamoli district of Uttarakhand to cre­ate a small reservoir in the Alaknanda River.

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