Germany to extend a financial assistance for the Thana Plaun HE power project

Germany has committed a financial assistance for the 191 MW Thana Plaun hydro electric power project located near Mandi town. An agreement to this regard was signed recently in New Delhi.

Out of this, Euro 200 million (Rs.1,618 crore) will be by way of reduced interest loan and the balance Euro 1.5 million (Rs. 12 crore) will be by way of grant for carrying out further technical studies of the project.

Source: Business Standard