As said by Hon’ble Power Minister Sh. Sushilkumar Shinder, around 80,000 MW of Power Generation Projects are under construction during the 12th Five Year Plan which is ending on March 31, 2017.
On the status so fare he informed that:
- For the 10th Plan the actual capacity addition was 21,000 MW against the target of 42,000 MW.
- For the 11th Plan the actual capacity addition was 55,000 MW against the targe of 62,000 which earlier was 78,775 MW
Looking to the past performance of the Indian Power Sector along with the current debacles which the industry is facing the gigantic figure of 80,000 MW seems to be very difficult to achieve.
However as said by him, the re-structured Accelerated Power Development Programme was approved as a Central sector scheme on July 31, 2008 with total outlay of Rs 51,577 crore, which may assist the industry to achieve this target.
Projects under the scheme are taken up in two parts. Part-A is for establishing IT enabled system for energy accounting/auditing and SCADA for big cities whereas Part-B is for upgradation and strengthening of electrical network.
He said 43 projects with a total cost of Rs 4495.82 crore were sanctioned for Bihar under the Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY).
“Under RGGVY, funds are not allocated upfront but are disbursed as per the progress of works. So far, subsidy of Rs 3475.39 crore has been disbursed as per the progress,” he said.
More Literature on this topic:
- http://economictimes.indiatimes.com/news/news-by-industry/energy/power/80000-mw-power-generation-capacity-under-construction-government/articleshow/13032863.cms
- http://www.financialexpress.com/news/80-000-mw-power-generation-capacity-under-construction-govt/946416/
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