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Uttarakhand ADB approves funding of Rs 12.94 billion for projects in Tehri District
ECONOMY & POLICY

Uttarakhand ADB approves funding of Rs 12.94 billion for projects in Tehri District

The Department of Tourism, Government of Uttarakhand said that Tehri is set for a makeover with several developmental projects on the anvil for which the Asian Development Bank (ADB) has approved a funding of Rs 12.94 billion. The projects will be funded in a ratio of 80:20 with ADB bearing 80 perce...

The Department of Tourism, Government of Uttarakhand said that Tehri is set for a makeover with several developmental projects on the anvil for which the Asian Development Bank (ADB) has approved a funding of Rs 12.94 billion. The projects will be funded in a ratio of 80:20 with ADB bearing 80 percent of the expenditure and the Uttarakhand government bearing 20 percent of the expenses. Sachin Kurve, Secretary, Tourism, and CEO of Uttarakhand Tourism Development Board said that in order to promote sustainable inclusive, climate resilient tourism and for the development of designated areas in Tehri, the state decided to develop Tehri Lake and surrounding areas as a special tourist area.

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