Tamilnadu plans Rs.8000 Crore investment in T&D

Tamil Nadu state government will spend Rs 8,000 crore to strengthen its electricity transmission and distribution infrastructure by adding 56 more sub-stations this year.

The state government has finalized a Rs 5,000 crore plan to strengthen the transmission and distribution infrastructure with Rs 3,572 crore special funding from Japan. The loan will carry 0.55 per cent interest and can be repaid over 20 years with repayment starting after 10 years.

Japan International Cooperation Agency will provide an assistance of Rs 2,750-crore to fund five 400 kV sub-stations and related distribution lines that will come up in Chennai and Coimbatore.

Work on setting up 14, 230 kV sub-stations will be started to support power supply in Chennai, Tiruppur, Madurai, Thanjavur, Ariyalur, Virudhunagar, Erode and Kanchipuram districts.