The Union Cabinet approved the funding and execution of the Rs 44,605 crore Ken-Betwa inter-linking of rivers project on Wednesday. The project has an eight-year deadline.
A proposal to this effect was adopted at a meeting of the Cabinet convened by Prime Minister Narendra Modi.
According to an official statement released following the Cabinet meeting, the project would be implemented via a Special Purpose Vehicle (SPV) named the Ken-Betwa Link Project Authority (KBLPA).
At 2020–21 pricing levels, the entire cost of the Ken-Betwa connection project has been estimated at Rs. 44,605 crore. According to the statement, “The Union Cabinet has approved central funding for the project of Rs 39,317 crore, which includes a grant of Rs 36,290 crore and a loan of Rs 3,027 crore,”
According to the statement, the project “will open the door for additional interlinking of river projects in India, as well as demonstrate our ingenuity and vision to the rest of the globe.”
Water will be moved from the Ken to the Betwa rivers as part of the Ken-Betwa connection project, which includes the building of the Daudhan Dam and a canal connecting the two rivers.
According to the statement, the project would offer yearly irrigation of 10.62 lakh hectares, potable water to a population of roughly 62 lakh people, and produce 103 MW of hydropower and 27 MW of solar electricity.
The project is expected to be completed in eight years using “state-of-the-art technology,” according to the statement.
The project would be very beneficial to the water-scarce Bundelkhand area, which is spread across MP and UP. The districts of Panna, Tikamgarh, Chhatarpur, Sagar, Damoh, Datia, Vidisha, Shivpuri, and Raisen in Madhya Pradesh, as well as Banda, Mahoba, Jhansi, and Lalitpur in Uttar Pradesh, would benefit greatly from this initiative, according to the statement.
“Through enhanced agricultural operations and job creation, the initiative is projected to promote socioeconomic prosperity in the backward Bundelkhand area.” According to the report, it would also contribute to halting “distress migration” from the area.
This project also includes thorough environmental management and protection. The Wildlife Institute of India is now finalising a comprehensive landscape management strategy for this aim, “it said.
On March 22, the Centre and two states – Madhya Pradesh and Uttar Pradesh – signed an agreement to implement the Ken-Betwa river linking project, which is the country’s first major centrally-driven river interlinking project.
Source: The Indian Express