Nod for National Smart Grid Mission, outlay Rs.980 crore

Image
IANS New Delhi
Last Updated : May 07 2015 | 11:42 PM IST

The government has approved the National Smart Grid Mission (NSGM) for planning, monitoring and implementing smart power grids with an outlay of Rs.980 crore, parliament was told on Thursday.

"Government has approved National Smart Grid Mission (NSGM) -- an institutional mechanism for planning, monitoring and implementation of policies and programs related to Smart Grid activities," Power Minister Piyush Goyal told the Lok Sabha in a written reply.

He said the total outlay for NSGM activities for the 12th Plan (2012-17) is Rs.980 crore with a budgetary support of Rs.338 crore.

The NSGM aims to implement a smart power grid based on the latest technology in automation, communication and IT systems that can monitor and control power flows from points of generation to points of consumption, he added.

Goyal said the NSGM will have a three-tier structure, with a governing council headed by the power minister, at the top. The council, which will have secretary-level officers of ministries concerned as members, will approve all policies and programmes for implementing the smart grid.

The second level will have an empowered committee headed by the power secretary, with joint secretary level officers of ministries concerned as members. This committee will provide policy inputs to the governing council and approve, monitor and review specific projects.

The third tier will comprise a technical committee headed by the chairperson of the Central Electricity Authority.

"Grant of up to 30 percent of the project cost is available from the NSGM budget. For selected components such as training and capacity building, consumer engagement etc, 100 percent grant is available," the minister said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 07 2015 | 11:26 PM IST

Next Story