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Power ministry clears projects worth INR 1614 crore
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Saturday, 04 Jul 2009
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BL reported that the power ministry has approved distribution sector upgradation projects worth INR 1,614 crore for 423 towns. The move is expected to give a fillip to the information technology and electrical equipment sector.

The Steering Committee on Restructured Accelerated Power Development and Reforms Program 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 INR 3,562 crore.

The official 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 centers and aims at reduction of aggregate technical and commercial losses and improvement in consumer services.”

(Sourced from Business Line)

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