The present available production capacity is of less than 5000 MW
REC to fund Rs 20,000 crore worth projects of telangana power companies. (Photo: DC/File)
Hyderabad: Rural Electrification Corporation (REC) has promised to fund Rs 20,000 crore worth projects of Genco, Transco and distribution companies in the power starved Telangana state. Chairman and managing director, Rural Electrification Corporation Rajeev Sharma gave this assurance to Chief Minister K. Chandrasekhar Rao when he met him at the Secretariat here on Tuesday.
He was accompanied by Genco CMD D. Prabhakar Rao and other officials. Principal secretary to Chief Minister S. Narsing Rao, principal secretary (finance) Nagi Reddy were present. Chief Minister thanked Mr Sharma for the offer.
The Chief Minister told the Genco CMD that the present available production capacity of less than 5000 MW of power needs to be increased through long term, short term and medium term strategies.
Mr Prabhakar Rao informed Chief Minister that she State would get 2800 MW of additional power by the end of next year from three sources, Bhupalpally 600 MW of Genco, Jaipur in Adilabad 1200 MW of Singareni and 1000 MW of Central Station, totalling 2800 MW.
He also told the Chief Minister once 2800 MW power is available the existing shortfall would be wiped out and the extra power that is likely to be generated in future will become surplus.
( Source : dc correspondent )
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