Subansiri Lower project: To fund hydel project, NHPC proposed its forest land assets as collateral, Govt said no

Summary

NHPC proposed using its forest land as collateral to secure funding for the Subansiri Lower Hydroelectric Project, but the government rejected the proposal. This highlights the government's stance on environmental protection and financial management related to infrastructure projects.

Key Points

• NHPC, a government-owned entity, sought funding for the Subansiri Lower Hydroelectric Project.
• NHPC proposed using its forest land assets as collateral.
• The government denied the proposal.
• The Subansiri Lower Hydroelectric Project is a significant infrastructure project.