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Home News Power Sector News Jharkhand to float new power company on PPP Basis for RGGVY

Jharkhand to float new power company on PPP Basis for RGGVY

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JharkhandThe Jharkhand government is toying with the idea of floating a new power utility company for ensuring interrupted supply in rural areas. To be set up on a public private partnership (PPP) basis, the new installation will cater to the needs of villages getting power connection under the Rajiv Gandhi Gramin Vidyutikaran Yojna (RGGVY). A decision to this effect was taken at a high-level meeting chaired by chief minister Arjun Munda, who also holds the energy portfolio, while reviewing the future needs of the villages getting electricity connection.

So far, over 6000 villages out of 32,000 have been electrified under the RGGVY. "The pace of electrification has to be expedited to achieve the objective within a set deadline. The task needs addition general and development of distribution network," said Munda after the meeting.

The State has Jharkhand State Electricity Board (JSEB). However, the Board has been facing severe crunch of staff and resources to meet the existing requirements. Even two generation units-Patratu Thermal Power Station and Tenughat Vidyut Nigam (TVNL)-are unable to meet the power demand of Jharkhand.

"The planned company will also look into the scope of enhancing power generation by tapping different alternative sources including hydel power to help the state provide uninterrupted electricity to rural areas," a Secretary rank officer said.

"With regard to tariff-based power generation, we have fixed a target of 3,000 MW in the next three years and based on what offer they (prospective private bidders) have, a new plant would be executed for which land is available," the Chief Minister said.

Chief Secretary Ashok Kumar Singh has been asked to review the status of rural electrification project vis-à-vis upcoming requirements and submit a detailed report by November 1.

Source- PTI


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