Conversion of HT & LT overhead lines into HT & LT cables in cyclone prone coastal towns (CDRRP)
TANGEDCO has proposed to convert HT and LT overhead lines into HT and LT underground cables in cyclone prone coastal towns of Cuddalore, Nagapattinam and Velankanni with revised administrative sanction of Rs.406.83 crore for this project with the funding assistance from World Bank.
70% of expenditures (inclusive of taxes) as loan is to be financed by World Bank (WB) to Govt. of Tamil Nadu and 30% of expenditure is to be arranged by Government of Tamil Nadu.
Three packages are implemented on priority. Turnkey Contract were awarded for two packages in Cuddalore Town and for one package in Velankanni Town (Nagapattinam Dt) and works are under progress.
CDRR Project closed on 30.06.2020 and the World Bank funding was closed on 31.12.2020
GoTN have released funds for Rs. 390.619 crore so far to TANGEDCO, out of which Rs. 291.974 crore incurred for CDRRP works as on 31.03.2022