Madhya Pradesh approves action plans of power companiesAugust 12th, 2008 - 11:05 pm ICT by IANS
Bhopal, Aug 12 (IANS) The Madhya Pradesh government Tuesday approved the action plans presented by various state-run electricity companies for 11th Plan period (2007-12). The action plans were approved at a cabinet meeting presided over by Chief Minister Shivraj Singh Chouhan, sources said.
The state government makes budgetary allocations every year for power transmission companies for improvement and strengthening of power transmission and distribution.
In the 2008-09 budget, the government has allocated Rs.1.69 billion for Madhya Pradesh Central Zone Power Transmission Co, Rs.710 million for Madhya Pradesh Power Distribution Co, Rs.983 million for Madhya Pradesh East Power Distribution Co and Rs.107 million for Madhya Pradesh West Power Distribution Co.
The Madhya Pradesh Power Transmission had submitted an action plan worth Rs.52 billion for the period. Of this, a provision of Rs.21.4 million would come under the limit of the 11th Plan.
Similarly, the Bhopal-based Central Zone Power had presented an action plan to the tune of Rs.25.84 billion, of which Rs.13.2 billion would be covered under the 11th Plan fund.
The Indore-based West Zone Power has submitted an action plan of Rs.43.42 billion. However, only Rs.19 billion would be provided during the the plan period.
Similarly, the Jabalpur-based East Zone Power has presented an action worth Rs.36.36 billion. Of this, Rs.13.35 billion would be provided during the five-year period.
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