Loan of Rs. 6.15 Crores sanctioned to UGVCL under Part-B 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.  

Under Part-B of R-APDRP, the Company has been sanctioned loan of Rs. 6.15 Crores (against the total project cost of Rs. 24.62 Crores) by Power Finance Corporation Ltd. for 6 projects which include Bavla, Dehgam, Kalol, Radhanpur, Sanand and Viramgam. 

For the purpose, the Memorandum of Agreement, Deed of Hypothecation and other documents have been executed on 16-Sep-2010 for implementation of the Projects.


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