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States To Get Lion’S Share In New Power Equation


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A new power equation appears to be emerging between the Centre and states. The power ministry is willing to allow states, which approach central generation utilities for projects in their territory, to retain 85 per cent of electricity from such units.

The new approach is expected to galvanize state governments into walking the extra mile for the projects. Higher share of power is expected to make state governments cooperate and expedite land acquisition, environmental and forest clearances, water allocation, relief and rehabilitation of displaced persons as well as support in maintaining law and order situation at the project site.

 

 

This formula was drawn up years ago when central generation projects used to be set up with budgetary support. This has changed over the years. The central utilities now operate as commercial entities and most of the projects are set up with a debt-equity ratio of 70:30 and do not enjoy any budgetary support.

Bihar would benefit from three projects of 1,320MW each — at Lakhisarai, Pirpainti and Buxar — under the new formula.

Bengal would benefit from the 1,320MW project at Katwa in Burdwan district.

 

Andhra would benefit from the 4,000MW Pudimadaka project and

 

Telangana from Ramagundam Stage IV of 1,600MW and another phase of 2,400 mw. Telangana would have the additional benefit under the AP Reorganization Act of 2014, entitling it to 100 per cent power from these projects.

Posted

chitti na pm enable cheyamani admin/mod ki pm chey pls

 

will ping pisco tomorrow..

Posted

Good One.. Hope Power Issues Koncham Ayina Resolve ayithaai emo before Summer..Brahmi.gif

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