Power PSUs to help rebuild infra in Uttarakhand
The public sector power companies would contribute towards sustainable re-building of infrastructure that was destroyed due to floods in Uttarakhand. This was decided at the meeting of CMDs of nice power PSUs [Public Sector Undertakings], chaired by minister of state (independent charge) for Power Jyotiraditya Scindia.
These companies will share a part of the burden in re-building of the much needed infrastructure to put Uttarakhand back into the economic growth process. The minister further directed that the identified projects will be monitored closely for their successful and timely execution. It is understood that a large number of roads, bridges, schools, and other community structures have been washed away or destroyed during the unprecedented massive floods.
It was decided that the nine PSUs namely – NTPC (National Thermal Power Corporation), PGCIL (Power Grid Corporation), NHPC (National Hydro Power Corporation), THDC (Tehri Hydro Development Corporation), SJVN (Satluj Jal Vidyut Nigam), PFC (Power Finance Corporation), REC (Rural Electrification Corporation), DVC (Damodar Valley Corporation), and NEEPCO (North East Electric Power Corporation), will together make a contribution of Rs25 crore towards this effort. The projects selected for funding assistance will be decided in consultation with the state government as per their priority and requirements.
NTPC will contribute Rs10 crore whereas PGCIL will contribute Rs5 crore. PFC and REC will give Rs3 crore and Rs2 crore, respectively. Other companies like NHPC, THDC, SJVN, DVC, and NEEPCO will contribute Rs1 crore each.
Scindia also emphasised that the generating stations of the central sector power sector PSUs should, in consultation with the State Government, ensure uninterrupted and required power for the state on top priority basis.