<h1>Government Approves Rs.8146 Crore for 700 MW Hydroelectric Project with 72-Month Completion Timeline</h1> The government approved an investment of Rs.8146.21 crore for constructing a 700 MW hydroelectric project in a district of Arunachal Pradesh, with a 72-month completion timeline. The project will be executed by a joint venture between a central power corporation and the state government, with central financial assistance and budgetary support for infrastructure development. The state will receive 12% free power and additional benefits through a local development fund. The project aims to enhance regional power supply, support national grid stability, and promote socio-economic development through infrastructure improvements, including roads, bridges, and community facilities funded by dedicated project resources. Employment opportunities and benefits for local enterprises and communities are integral to the project, aligning with national self-reliance initiatives.