The Integrated Power Development Scheme (IPDS), a flagship scheme of the Narendra Modi government which seeks to ensure 24×7 power for all, is aimed at strengthening the power sub-transmission and distribution network in urban areas across country, Union Minister of State for Power Piyush Goyal said Sunday.
IPDS was scheduled to be launched by Prime Minister Narendra Modi today but the programme was cancelled due to heavy rains.
The Power Ministry will soon finalise a new date for the launch, Goyal said.
Talking to reporters here, Goyal said IPDS will also ensure 100 per cent metering at feeders, distribution, transformer and consumers with an expenditure of Rs 60,000 crore in the next three years of which Centre was extending a total budgetary support of Rs 45,800 crore.
He said that projects worth Rs 3,268 crore, covering 247 towns, have been sanctioned so far under IPDS, of which projects worth Rs 1,067 crore for 23 circles covering 91 towns have been sanctioned for Uttar Pradesh. The minister said that it included Rs 432 crore for Kashi area and Rs 140 crore for remaining Varanasi town.
He further said the state government will bear 10 per cent of the project cost while Centre would bear 60 per cent, whereas remaining 30 per cent will be borne by the PSUs of the ministry.
“If the states comply with certain norms fixed by the central government then the Centre’s shares will rise up to 75 per cent,” he said.
Goyal said that in spacial case of Jammu and Kashmir and North-Eastern states, the Centre share would be 90 per cent and that of the local government would be five per cent, whereas the loan by the PSUs would be five per cent.