Cyclone-prone Andhra Pradesh is likely to become the first state in the country to supply electricity through underground cable system.
The massive changeover from the conventional pole system to underground cabling has been made possible due to a loan of Rs 716 crore granted by the Asian Development Bank, World Bank and Japan Bank.
Under the ambitious plan, a separate power supply line will be laid across 10 coastal districts at an estimated cost of Rs 838 crore.
Of this, the loan provided by ADB, WB and Japan Bank would account for Rs 716 crore at a nominal interest rate.