Loan of Rs. 33.82 Crores sanctioned to UGVCL under Part-A (SCADA) of R-APDRP…..


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. 

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