Power PSUs to give Rs.25 crore for rebuilding flood-hit Uttarakhand

Public sector power companies will contribute Rs.25 crore towards sustainable re-building of flood-hit Uttarakhand.

This was decided at the meeting of CMDs of Power Public Sector Undertakings (PSUs) chaired by Minister of State (Independent Charge) for Power Jyotiraditya M. Scindia.

Power 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.

Scindia 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.

Accordingly, it was decided that the nine power sector 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.25.00 crores 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 crores. Contribution by others will be as under: PGCIL Rs. five crore, PFC, Rs. three crore, REC Rs. two crore, NHPC, THDC, SJVN, DVC, and NEEPCO Rs. one crore each.

Scindia also emphasized 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.