Power Sector Budget Outlay for the Year 2014-15
Labels:
Budget
,
Indian Power sector
A detailed outlay of budget
planned for the year 2014-15 for Indian Power Sector by the much hyped
Union Government was released recently. Every sector of the Indian
economy has enormous expectations from the government and is keen
watching its very move and every initiative. Lets have a look at the
proposed union budget for power sector for the year 2014-15 that is
expected to bring momentum to the renewable energy generation in the
country. Conventional Power Source: The total outlay for the power sector is Rs.60,384.02 crore, out of which Rs.9,642.00 crore is budgetary support for Schemes/projects –
Scheme/ Project
|
Allocation(Rs.
Crore)
|
North Eastern Electric Power Corporation - Rs.142.10 crore
|
142.10
|
Tehri Hydro Development Corporation India Limited (THDCIL) - Rs.62.92
crore
|
62.92
|
Central Electricity Authority - Rs.46.29 crore
|
46.29
|
Rajiv Gandhi Grameen Vidyutikaran
Yojana
|
5144.09
|
Restructured Accelerated Power Development Resource Programme
|
1261.04
|
Central Power Research Institute - Rs.295.53 crore
|
295.53
|
National Power Training Institute - Rs.60.52 crore
|
60.52
|
Energy Conservation Rs.107.65
crore, Bureau of Energy Efficiency - Rs.139.55 crore
|
139.55
|
National Hydro Electric Power Corporation Limited NHPC) - Rs.478.80 crore
|
478.80
|
Interest Subsidy - National Electricity Fund - Rs.50.69 crore
|
50.69
|
Strengthening of Transmission System in the States of Arunachal
Pradesh and Sikkim - Rs.175.18 crore
|
175.18
|
220 KV transmission line from Srinagar to Leh via kargil - Rs.268.14
crore
|
268.14
|
Financial Support for Debt Restructuring of Discoms - Rs.1,200.00
crore
|
1200
|
Power System Improvement
Project in NER (except Sikkim and Arunachal Pradesh) - Rs.200.00 crore
|
200
|
Deen Dayal padhyaya Feeder
Separation Scheme - Rs.500 crore
|
500
|
Power Sector Support to NCT of Delhi - Rs.200 crore
|
200
|
Integrated Power Development Scheme - Rs.100 crore.
|
100
|
IEBR of Rs.50,742.02
crore is for schemes/projects –
Scheme/ Project
|
Allocation(Rs.
Crore)
|
National Thermal Power Corporation Ltd.
|
22400.00
|
NHPC
|
2745.46
|
Damodar Valley Corporation
|
2764.99
|
EEPCO
|
945.88
|
Satluj Jal Vidyut Nigam Ltd.
|
1091.93
|
THDCIL
|
793.79
|
Power Grid Corporation of India Ltd.
|
20000
|
Nuclear Power:
The total outlay under Power Sector for 2014-15 is Rs.8213.42 crore. The plan
Outlay consists of Rs.970.00 crore by way of budgetary support and Rs.7243.42
crore by way of Internal and Extra Budgetary Resources (IEBR). The budgetary
support includes equity investment in Bharatiya Nabhikiya Vidyut Nigam Ltd.
(BHAVINI), externally Aided Project at Kudankulam, being executed by the
Nuclear Power Corporation of India Ltd. with the assistance of Russian
Federation. Neighbourhood Development Projects (in Kundankulam), Projects of
Bhabha Atomic Research Centre and of Indira Gandhi Centre for Atomic Research
to provide R&D support for the power programme are also included.
New and Renewable
Energy: The Plan outlay for the Ministry of New and Renewable Energy (MNRE)
is Rs.5,519.00 crore (inclusive of Rs.3,000.00 crore as IEBR and Rs.1578.00
crore from National Clean Energy Fund) for the year 2014- 15. The following
physical targets/activities have been set under the various programmes during
the financial year:
·
Grid-Interactive
and Distributed Renewable Power: Provision of Central Financial Assistance
for about 3770 MW grid-interactive Power capacity addition from Wind, Small
Hydro, Biomass Power/Cogeneration, Urban & Industrial waste to Energy and
Solar Power and deployment of about 150 MW equivalent Off Grid/Distributed
Renewable Power Systems. These figures include 1000 MW grid power and 60 MW
equivalent off-grid/distributed solar power systems to be installed under Solar
Mission. It is also proposed to launch new schemes on Solar Pumps, Solar Energy
Parks and Schemes on Solar Parks near irrigation canals. It also includes
provision of Central Financial Assistance for Scheduled Castes beneficiaries.
·
Renewable
Energy for Rural Applications: The provision will be used for construction
of 1.10 lakh family type biogas plants and start of a new programme on cook
stoves. It also includes provision for Scheduled Castes beneficiaries.
·
Renewable
Energy for Urban, Industrial and Commercial Applications: Deployment of
Solar Thermal Systems and Promotion of Energy-efficient buildings and master
plans for Solar Cities.
·
Research,
Design & Development in Renewable Energy: R&D activities on
different aspects of new and renewable energy technologies, support to MNRE
Centres/Institutions (SEC, C-WET and NIRE); Standards & Testing; Renewable Energy Assessment
(including Research Design & Development activities to be undertaken under
Solar Mission).
·
Supporting
Programmes: Information, Publicity and Extension (IPE) of Renewable Energy
Systems; International Relations; Administration and Monitoring including HRD
& Training; Support to States (including HRD & Training activities to
be undertaken under Solar Mission).
Source: Union Budget 2014-15
Author Profile
Subscribe to:
Post Comments
(
Atom
)
Good-day, I'm Josef Lewis. A reputable, legitimate & accredited lender. We give out loan of all kinds in a very fast and easy way, Personal Loan, Car Loan, Home Loan, Student Loan, Business Loan, Inventor loan, Debt Consolidation. etc
ReplyDeleteGet approved for a business or personal loans today and get funds within same week of application. These personal loans can be approved regardless of your credit and there are lots of happy customers to back up this claim. But you won’t only get the personal loan you need; you will get the cheapest one. This is our promise: We guarantee The lowest rate for all loans with free collateral benefits.
We strive to leave a positive lasting impression by exceeding the expectations of my customers in everything I do. Our goal is to treat you with dignity and respect while providing the highest quality service in a timely manner. No social security Number required and no credit check required, 100% Guaranteed. Kindly respond immediately using the details below if interested in a loan and be free of scams..
Email: progresiveloan@yahoo.com
Call/Text +1(603) 786-7565 thanks
Nice Article with good information.
ReplyDeletesolar developers in India
grid connected solar pv system