PCL asked to show investment plan
THE UP ELECTRICITY Regulatory Commission has (UPERC) sent a reminder to the UP Power Corporation Ltd (UPPCL) to submit details of their proposed investment in rural electrification, including tendering procedure for the commission?s prior approval.india Updated: Jan 11, 2006 00:44 IST
THE UP ELECTRICITY Regulatory Commission has (UPERC) sent a reminder to the UP Power Corporation Ltd (UPPCL) to submit details of their proposed investment in rural electrification, including tendering procedure for the commission’s prior approval.
In a letter (dated January 6) to the UPPCL chairman, the Commission pointed out it had sent an earlier letter on December 19, asking the corporation to submit rural electrification schemes. “No details have so far been received.
Kindly expedite,” said the commission in its reminder.
Following a complaint by the UP Rajya Vidyut Upbhokta Parishad alleging gross irregularities in tenders for procuring material and services for rural electrification, the Commission had on December 19 asked the UPPCL to submit all details to it for examination.
“As per the General Conditions of Distribution Licence notified in the State Gazette, the distribution licensees are bound to submit to the Commission five-year rolling investment plans giving details of investment schemes to be undertaken during the concerned period for the Commission’s approval,” it pointed out.
Upbhokta Parishad president Avadhesh Kumar Verma had alleged that the rural electrification tenders had been invited on a very high rate in violation of all the existing norms, causing heavy loss to the public exchequer. He had demanded a probe into it by an independent agency.
First Published: Jan 11, 2006 00:44 IST