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Centre doubles plan allocation for power sector | Union Finance Minister Pranab Mukherjee on Friday doubled the plan allocation for the power sector. With the doubling of the plan allocation the power sector now gets
Rs.5,130 crore in 2010-11 as against Rs.2,230 crore in 2009-10. Mukherjee made
it clear that the allocation does not include allocations for Rajiv Gandhi Grameen
Vidyutikaran Yojana (RGGVY). Mukherjee said the Government accords the
highest
priority to capacity addition in the power sector. "The framework for induction
of super critical technology in large capacity power plants of the National Thermal
Power Corporation is now in place," he said. The Mega Power Policy has been
modified
is now consistent with the National Electricity Policy, 2005 and Tariff Policy,
2006. This, the Finance Minister said, would help in lowering the cost of generation
and cost of power purchased by the distribution utilities. The total outlay for
the Ministry of Power is Rs.60,751.42 crore. The provisions are mainly towards
schemes pertaining to NHPC - Rs.781 crore, Energy Conservation - Rs.143.94
crore,
Bureau of Energy Efficiency - Rs.66.92 crore, Rajiv Gandhi Grameen Vidyudikaran
Yojana (RGGVY) - Rs.5,500 crore, Restructured Accelerated Power Development
Reform
Programme - Rs.3,700 crore and interest subsidy on National Electricity
Development
Fund - Rs.227.64 crore. The total outlay for Nuclear Power Scheme is Rs.4,739
crore. The Plan outlay consists of Rs.1848 crore by way of budgetary support and
Rs.2,891 crore of Internal and Extra Budgetary Resource (IEBR). |
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