Rs 1 lakh cr action plan for AP power sector
- CM promises 24X7 supply to all sectors
Vijayawada: Andhra Pradesh Chief Minister N Chandrababu Naidu has directed officials to adopt a special plan for the statea��s power sector to ensure uninterrupted supply of electricity 24X7 at affordable rates. AP has drawn up an investment plan of Rs 1 lakh crores that includes Central and World Bank funding in the next five years.
a�?This Diwali would sure become the brightest Diwali with glittering colourful lights in the lives of AP electricity consumers with uninterrupted and quality power supply in each and every household. The Government is committed to sustain the lights of joy and happiness forevera�?, said the chief minister while greeting the people of the state on the occasion of Deepavali. He requested them to a�?come together to celebrate a clean, eco-friendly, pollution-free and safe Diwali, as responsible and caring citizensa�?, he added.A�
To achieve rapid economic development and to make AP as best destination for investments, the state government has decided to makeA�AP as power interruption freestate for everA�by achieving energy security in the state, Naidu said. A�To achieve this gigantic task, the government has been aggressively implementing a comprehensive action plan with an estimated investment of over Rs 1 lakh crore A�in the power sector( both private and public) in the next five years. A�The chief minister added.
The investments include:A� Rs 11,000 cr of AP Genco a�� Krishnapatnam (800MW) + VTPS (800 MW); Rs 20,000 cr forA� Thermal Tech (1320 MW); Rs.30,000 crA� for solar (2500 MW) and wind (2500 MW), Rs 25,000 cr for transmission and distribution projects; Rs 15,000 cr for major infrastructure development.
Reviewing the overall performance of power sector in a teleconference, the NaiduA�said, a�?Thanks to Government Of India, which has included AP along with Rajasthan and Delhi for implementing prestigious 24X7 Power For All programme in the first phase, several national and internationalA� agencies have evinced keen interest in making substantial investments in many areas like infrastructure and investments, industries, tourism, agricultureA� etc. apart from energy sector.
a�?In addition to World Banka��s Rs 9,000 crore support, the Government of India through Power Finance Corporation & Rural Electrification Corporation is also extending full support forA� development of power sector in both rural and urban areas by sanctioning Rs 1,500 crores underA�DeendayalA� UpadhyayaA�GramA�Jyoti Yojana (Rs 900 cr) and Integrated Power Development Scheme (Rs 600 cr). Out of this amount, AP for the first time will get initially 75% as grant. Under energy efficiency, the Central government has agreed to spend Rs 5,000 cr for next five years and over Rs 800 crores for solar parks as a 100% grant.A�
Top state officials who took part in the teleconference said the government had directed them to chalk out a time-bound action plan that can be implemented right from the grass roots level in the power utilities. To withstand cyclones, underground cabling has been taken up in Vizag at a cost of Rs 720 crores with World Bank support.A� The state is leading in the country in meeting all the targets set by the Union Ministry of Power, said the officials.