Ministry of Power26-July, 2016 18:11 IST
MANIPUR JOINS “UDAY” SCHEME ; WOULD DERIVE AN OVERALL NET BENEFIT OF Rs 263 CRORE THROUGH “UDAY”
The Government of India, the State of Manipur and the DISCOM of Manipur signed Memorandum of Understanding (MOU) under the Scheme UDAY – “Ujwal DISCOM Assurance Yojana” today for operational turnaround of the DISCOM.
Manipur is the fourteenth State to join UDAY. It is also the first North Eastern State to opt for UDAY for improving the efficiency of the DISCOM. The combined DISCOM debt (including CPSU dues) that would be restructured in respect of these states is around Rs.2.16 lac crore as on 30th September, 2015.
Today the Government of Manipur has taken a positive step towards supporting its DISCOM by signing the MOU under UDAY for improving its operational efficiency. Through compulsory Distribution Transformer metering, consumer indexing & GIS mapping of losses, upgrade/change transformers, meters etc., smart metering of high-end consumers, feeder audit etc. AT&C losses and transmission losses would be brought down, besides eliminating the gap between cost of supply of power and realisation. The reduction in AT&C losses and transmission losses to 15% and 3.20% respectively is likely to bring additional revenue of around Rs.208 crore during the period of turnaround.
While efforts will be made by the State Government and the DISCOM to improve the operational efficiency of the DISCOM, and thereby reduce the cost of supply of power, the Central government would also provide incentives to the DISCOM and the State Government for improving Power infrastructure in the State and for further lowering the cost of power. The Central schemes such as DDUGJY, IPDS, Power Sector Development Fund or such other schemes of MOP and MNRE are already providing funds for improving Power Infrastructure in the State and additional/priority funding would be considered under these schemes, if the State/DISCOM meet the operational milestones outlined in the scheme. The State shall also be supported through additional coal at notified prices and in case of availability, through higher capacity utilization, low cost power from NTPC and other CPSUs. Other benefits such as coal swapping, coal rationalization, correction in coal grade slippage, availability of 100% washed coal would help the state to further reduce the cost of Power. The State would gain around Rs.32 crore due to these coal reforms.
Demand Side interventions in UDAY such as usage of energy-efficient LED bulbs, agricultural pumps, fans & air-conditioners and efficient industrial equipment through PAT (Perform, Achieve, Trade) would help in reducing peak load, flatten load curve and thus help in reducing energy consumption in the State of Manipur. The gain is expected to be around Rs.17 crore
Improvement in operation efficiency would enable the DISCOM to borrow at cheaper rates in future, for their infrastructure development and improvement of existing infrastructure. The expected benefit to the State on this account is around Rs.6 crore during the turnaround period.
An overall net benefit of approximately Rs.263 crore would accrue to the State by opting to participate in UDAY, by way of cheaper funds, reduction in AT&C and transmission losses, interventions in energy efficiency, coal reforms etc. during the period of turnaround.
The ultimate benefit of signing the MOU would go to the people of Manipur. Reduced levels of transmission and AT&C losses would mean lesser cost per unit of electricity to consumers. Improved operationally efficiency would also improve the DISCOM’s financial health. A healthy DISCOM would be in a position to supply more power. Thus, the scheme would allow speedy availability of power to around 188 villages and 2.43 lac households in the State that are still without electricity. Availability of 24x7 power to hitherto unconnected villages/households etc. would boost the economy, provide more employment opportunitiesfor the people of the State and thereby, improve the standard of living of the people of the State.
RM/PS
(Release ID :147772)
PIB
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Ministry of Housing and Urban Poverty Alleviation26-July, 2016 13:56 IST
Rs.16,641 cr investment in affordable housing for urban poor approved this fiscal so far
2.50 lakh houses for urban poor in 11 States cleared ; Central assistance of Rs.3,634 cr
Maharashtra gets over one lakh more houses, Tripura-42,896, Odisha-23,843, Bihar-21,474, Gujarat-17,838
Total investment in affordable housing approved so far –Rs.51,568 cr
Central Government has approved an additional investment of Rs.16,641 cr for affordable housing for construction of 2,44,267 houses for urban poor under Pradhan Mantri Away Yojana (Urban) during the first four months of this financial year. The Ministry of Housing & Urban Poverty Alleviation approved these proposals for the benefit of urban poor in 11 States. Central assistance of Rs. 3,634 cr has been approved for construction of these houses under three components of the urban housing mission viz,, Affordable Housing In Partnership (1,24,642 houses), Beneficiary Led Construction (1,15,989) and In-Situ Slum Redevelopment (3,636 houses).
With these approvals, a total investment of Rs.51,568 cr has so far been approved for construction of 9,27,991 houses for Economically Weaker Sections (EWS) in urban areas in 20 States under PMAY (Urban) which was launched in June last year. Central assistance of Rs.12,604 cr will be provided for construction of these houses. During the last financial year (2015-16), 6,83,724 houses were approved for the urban poor in 18 States with a total investment of Rs. 34,927 cr
Details of the affordable houses approved during this financial year so far are :
S.No
State
Affordable
Housing in
Partnership
Beneficiary
Led
Construction
In-Situ
Redevpt
of Slums
Total
Houses
sanctioned
Total
Investment
(Rs. Cr)
Central
support
(Rs.Cr)
1
Mahrasashtra
98,119
7,399
2,356
1,01,701
11,313
1,607
2
Tripura
-
42,896
-
42,896
1,164
643
3
Odisha
-
23,843
-
23,843
738
358
4
Bihar
-
21,474
-
21,474
982
322
5
Gujarat
17,838
-
-
17,838
1,302
267
6
Tamil Nadu
1,328
9,158
-
10,486
384
158
7
Kerala
-
9,299
-
9,299
262
132
8
Chattisgarh
7,357
-
-
7,357
372
110
9
Punjab
-
-
1,280
1,280
57
13
10
Himachal Pradesh
-
837
-
837
41
12
11
Jammu &
Kashmir
-
683
-
683
26
11
Central assistance of Rs.1.50 lakh per each dwelling unit is provided for affordable housing under Affordable Housing in Partnership and Beneficiary Led Construction components while up to Rs.1.00 lakh per house is given for In-situ Slum Redevelopment.
AAR/July 26,2016
(Release ID :147708)