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IndiaPosted at: Aug 16 2017 5:13PM


Cabinet approves govt to fund 100 pc for completion of North Koel Reservoir project

New Delhi, Aug 16 (UNI) In a major decision benefiting Jharkhand and Bihar, the Union Cabinet today gave its approval to the proposal to complete the balance works of the North Koel Reservoir Project in the two states at an estimated expenditure of Rs 1622.27 crore to be incurred during three financial years from the start of the project.
Giving the details of the Cabinet decisions, Finance Minister Arun Jaitley said the Cabinet -- -- chaired by Prime Minister Narendra Modi -- also approved storage of water in dam restricted at lower level than envisaged earlier to reduce the submergence and to protect Betla National Park and Palamau Tiger Reserve.
According to Law Minister Ravi Shankar Prasad, the project is situated on North Koel river which is a tributary of Sone river finally joining the river Ganga. The North Koel Reservoir is located in the most backward tribal areas in Palamau and Garhwa districts of Jharkhand state.
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