Centre approves Rs 4,136 crore in aid for hydro-projects in North East; Here is what you need to know

The Union Cabinet has approved financial aid for North Eastern state governments to support their involvement in Hydro Electric Projects. The Rs 4136 crore scheme will span FY 2024-25 to FY 2031-32, aiming to develop 15000 MW hydro capacity. This will aid in integrating renewable energy sources into the national grid, offering employment and investment opportunities.