The Cabinet Committee on Economic Affairs (CCEA) has approved an amount of Rs 1,600 crore expenditure for pre-investment activities for the Dibang multi-purpose project in Arunachal Pradesh.
The total cost of the project is estimated at Rs 28,080.35 cr at June 2018 price levels. The estimated completion period for the project shall be nine years from the receipt of the government sanction.
The 2880 Mega Watt hydro-power project will be the largest ever to be constructed in India. The dam is 278 metres high and will be the highest dam in India after completion.
Arunachal Pradesh will get 12 percent free power from the project. One percent will be given to Local Area Development Fund.
The total benefit to Arunachal Pradesh from free power and contribution to the LADF will be Rs 26,785 cr over a period of 40 years.