Power PSUs to contribute Rs. 25 cr to re-build Uttarakhand infrastructure

Power PSUs to contribute Rs. 25 cr to re-build Uttarakhand infrastructureThe power sector would contribute toward sustainable re-building of infrastructure destroyed during the huge natural calamity of floods which has affected Uttarakhand. This was decided at the meeting of CMDs of Power Public Sector Undertakings (PSUs) chaired power minister Jyotiraditya M. Scindia. Power sector PSUs will share a part of the burden in re-building of the much needed infrastructure to put Uttarakhand back into the economic growth process. The minister further directed that the identified projects will be monitored closely for their successful, timely execution. It is understood that a large number of roads, bridges, schools, and other community structures have been washed away or destroyed during the unprecedented massive floods.Accordingly, it was decided that the nine power sector PSUs; namely, NTPC (National Thermal Power Corporation), PGCIL (Power Grid Corporation), NHPC (National Hydro Power Corporation), THDC (Tehri Hydro Development Corporation), SJVN (Satluj Jal Vidyut Nigam), PFC (Power Finance Corporation), REC (Rural Electrification Corporation), DVC (Damodar Valley Corporation), and NEEPCO (North East Electric Power Corporation) will together make a contribution of Rs. 25 crore toward this effort. The projects selected for funding assistance will be decided in consultation with the state government as per their priority and requirements.Mr Scindia also emphasised that the generating stations of the Central Sector Power Sector PSUs should in consultation with the state government ensure uninterrupted, required power for the state on top priority.