Tuesday, October 30, 2012

Centre nod for R-APDRP assistance for CESU TUESDAY, 30 OCTOBER 2012 23:18 PNS | BHUBANESWAR HITS: 22


http://www.dailypioneer.com/templates/ja_teline_iv/images/arrow.png Bhubaneswar http://www.dailypioneer.com/templates/ja_teline_iv/images/arrow.png Centre nod for R-APDRP assistance for CESU
TUESDAY, 30 OCTOBER 2012 23:18
PNS | BHUBANESWAR
HITS: 22
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The Union Ministry of Power seems to have agreed to extend financial assistance under the Restructured Accelerated Power Development and Reform Programme (R-APDRP) to the Central Electricity Supply Utility (CESU) of Odisha through the State Government.
In a letter to Balangir BJD MP Kalikesh Narayan Singh Deo, the Union Minister for Power has written, “In the States, where distribution functions are being performed by power departments, R-APDRP funding is being given to State Government. Therefore, it may be possible to extend R-APDRP to CESU through Government of Odisha”.
Earlier, Singh Deo had sent his letter and discussed the issue with  M Veerappa Moily, who was then in charge of the Union Ministry of Power. The Minister recently replied, “In this regard, the State Government has been requested to send its consent for receiving the funds under R-APDRP, channelising them to distribution sector in CESU area.”
He has said that as per the requirement of the scheme, what is needed is undertaking responsibility of fulfilling the conditions prescribed in the scheme and accepting the obligation of repayment of the loans.
The Union Minister’s letter also reveals that the proposal for extending R-APDRP assistance to private distribution utilities is under consideration of the Ministry.
The Odisha Government has time and again demanded that the Union Ministry of Power include the State in R-APDRP. Chief Minister Naveen Patnaik had written a letter to the Prime Minister urging him to take necessary steps to sanction financial assistance to the CESU under the R-APDRP without any further delay.
Stating that by availing of R-APDRP assistance many States have substantially reduced the AT&C (aggregate technical and commercial) losses to below 25 per cent, Patnaik had said Odisha is still suffering AT&C loss of about 40 per cent on being deprived of R-APDRP assistance.

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