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<h1>Kamala hydroelectric project approved with Rs 26,069.50 crore, 70:30 financing, flood moderation and 12% free power allocation.</h1> The Public Investment Board approved expenditure for the 1,720 MW Kamala storage-based hydroelectric project, authorising Rs 26,069.50 crore and specifying a 70:30 debt-equity ratio with central grants for enabling infrastructure and flood moderation plus 100% SGST reimbursement. The scheme, featuring a 216-metre concrete gravity dam and underground powerhouse to be completed in eight years, includes a flood moderation role for the Brahmaputra basin, 12% free power to Arunachal Pradesh and an annual Rs 40 crore Local Area Development Fund contribution; NHPC and the state government will jointly implement the project.