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UPPCL to spend Rs 550 cr on APDRP

REPEATEDLY REPRIMANDED by the Centre for being sluggish in utilizing the funds under the Accelerated Power Development and Reform Programme (APDRP) UP Power Corporation Ltd (UPPCL) today decided to spend Rs 550 crore by the end of this fiscal.

Published on: Jan 15, 2006 01:12 AM IST
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REPEATEDLY REPRIMANDED by the Centre for being sluggish in utilizing the funds under the Accelerated Power Development and Reform Programme (APDRP) UP Power Corporation Ltd (UPPCL) today decided to spend Rs 550 crore by the end of this fiscal.

HT Image
HT Image

The APDRP, a Centre-funded project, aims at upgrading and strengthening the power distribution system and reducing losses in cities.

The decision to speed up work on the APDRP project was taken at a daylong meeting held by UPPCL, managing director Avnish Awasthi with discoms’ officials, at Shakti Bhawan, here on Saturday. The suppliers of the material also participated in the meeting. The UPPCL has spent only Rs 60 crore till now despite the funds lying at its disposal.

Apart from the Centre, UP Electricity Regulatory Commission (UPERC) has also been expressing its displeasure over tardy progress of implementation of APDRP schemes in the State. The UPPCL at the marathon meeting today decided to spend Rs 75 crore by January end Rs 550 crore by March end.

UPPCL MD Avnish Awasthi said tenders for all the 36 projects under APDRP had either been invited or finalized. “We have issued tough instructions to achieve the targets,” said he.

 
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