The
Government of India has launched a Scheme for
implementation of Re-structured Accelerated Power
Development & Reforms Programme (R-APDRP) during the
XIth Five Year Plan as a Central Sector Scheme. Power
Finance Corporation Limited (PFC) would be the Nodal
Agency to operationalize the programme under the
guidance of the Ministry of Power.
Power Finance Corporation Limited has conveyed that the
Steering Committee constituted by the Ministry of Power,
Government of India, has considered the UGVCL’s proposal
of Rs. 33.82 Crores towards SCADA/DMS Projects in
Ahmedabad town and sanctioned a GOI loan of total amount
of Rs. 33.82 Crores under Part-A of RAPDRP to be released through
PFC. At the 46th Meeting held on 24-Jan-2011,
the Board of Directors of UGVCL has considered the offer
of PFC Ltd.
For
the purpose, the Quadripartite Agreement has already
been executed on 28-Aug-2009 by and between Ministry of
Power (Govt. of India), Power Finance Corporation Ltd.,
Govt. of Gujarat and UGVCL. The other necessary
documents are being executed for implementation of the
Projects.