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The Cabinet Committee on Economic Affairs today approved the proposal for the continuing the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in the XII Plan with minor changes to complete the ongoing / in pipeline projects so as to meet the objective and scope of the XI Plan R-APDRP. There is no change in the approved programme size of Rs. 51,577 crore. Being one of the important programmes of the Government of India, the approval shall bring the benefits of R-APDRP to consumers in towns with population upto 30,000 (10,000 for special category States). The programme will establish state of the art information technology enabling systems for reliable and sustained collection distribution network for business process automation, energy accounting and audit, network analysis and consumer services.
Initially Rs 50,000 crore will be provided / arranged as loan from Government of India (Gol) / Financial Institutions (FIs). The total grant from the GoI is estimated as Rs. 31,577 crore. Rs.5,697 crore has already been released in the XI Plan. Rs 10,830 crore has been allocated for the XII Plan. The balance fund of Rs 11,897 crore will spill over to the XIII Plan.
SC/SH/SKS
(Release ID :96677)
Restructured Accelerated Power Development and Reforms Programme continuation preserves scope, IT-driven distribution reforms and phased funding allocations. Continuation of the Restructured Accelerated Power Development and Reforms Programme in the XII Plan preserves the programme size and scope to complete ongoing and pipeline projects, targeting consumers in towns up to specified population thresholds. The programme emphasizes deployment of information technology for business process automation, energy accounting and audit, network analysis and consumer services, and retains a financing mix of loans and central grants with allocations across plan periods and identified spillover funding into the subsequent plan.Press 'Enter' after typing page number.