Power Ministry clears projects worth Rs 1,614 cr
Business Line, 2 July 2009

New Delhi, July 1 The Power Ministry has approved distribution sector upgradation projects worth Rs 1,614 crore for 423 towns. The move is expected to give a fillip to the information technology and electrical equipment sector, an official release said.

The Steering Committee on Restructured Accelerated Power Development and Reforms Programme approved these projects for towns in Gujarat, Punjab, Tamil Nadu, Uttar Pradesh and West Bengal. So far, the Ministry has approved 1,022 projects worth Rs 3,562 crore, it said.

“RAPDRP is part of the fiscal stimulus package announced by the Government of India. These projects are for establishment of baseline data and IT applications for energy auditing and IT-based consumer service centres and aims at reduction of aggregate technical and commercial losses and improvement in consumer services,” the release said. Power Finance Corporation is the nodal agency for the committee.