Nine power sector PSUs to contribute Rs. 25 cr to re-build Uttarakhand infrastructure

Nine power sector Public Sector Undertakings (PSUs) to contribute Rs. 25 crore towards sustainable re-building of infrastructure destroyed during the huge natural calamity of floods in Uttarakhand. The sector PSUs 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 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 Rs. 25 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 Rs. 10 crore whereas contribution by others will be PGCIL Rs. 5 crore, PFC Rs. 3 crore, REC Rs. 2 crore, NHPC, THDC, SJVN, DVC, and NEEPCO Rs. 1 crore each. This was decided at the meeting of CMDs of PSUs chaired by Power Minister Jyotiraditya M. Scindia. He 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.

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