Monday, June 24, 2013

Govt extended Power Distribution Reform Package to 12th Plan

The Cabinet Committee on Economic Affairs (CCEA) on 21 June 2013 decided to extend the Restructured Accelerated Power Development and Reforms Programme (R-APDR) for the 12th Five-Year Plan period in order to strengthen the distribution sector. 

The R-APDR programme was launched by the government in 11th Plan with a purpose of reducing distribution loss. The scheme is going to cost around Rs. 10, 830 crore in the 12th Plan and Rs. 11,897 crore as spill over cost in the 13th Plan. 

The Union government is already planning to facilitate loans of Rs. 50,000 crore to the states in order to implement the programme. Out of the stated amount Rs. 31,577 crore is going to be converted into grant. It is worth mentioning here that, during the 11th Plan, projects worth Rs. 5242.64 crore covering 1401 villages in 29 States and Union Territories have already been sanctioned.

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