PERFORMANCE BUDGET 1998-99 - Ministry of Power

11.5.11 PHYSICAL TARGETS
Indicated below are the Transmission system completed during 1997-98:
S.No. Project name Status
1. Vindhayachal Additional Transmission system 12/97 Commissioned
2. Chandrapur HVDC project 11/97 Commissioned
3. Chamera Kishenpur 09/97 Commissioned
4. Gandhar Transmission system 03/98 Commissioned
5. Nathpa-Jhakri Transmission system
a) Hissar-Jaipur 07/97 Commissioned
b) Bhiwani-Bhawana 08/97 Commissioned
Indicated below are the Transmission system expected to be completed during
1998-99:
S.No. Project name Status
1. Kathalguri Transmission system 03/99
2. RAPP - B 03/99
3. Kayamkulam 03/99
4. Jeypore Gajuwaka HVDC B/B & AC System 02/99
5. Kopili-Misa (Kopili Stage I Extn.) 06/98
6. Augumentation NER 03/99
7. Agartala gas 03/99
8. Kaiga APP 12/98
9. Neyveli-Bahoor 06/98
11.6 RURAL ELECTRIFICATION CORPORATION (REC)
11.6.1 The Rural Electrification Corporation (REC) was established as a Public Sector Undertaking
in July 1969. Initially, the principal objectives of the Corporation were to finance Rural
Electrification schemes and promote Rural Electric Cooperatives for funding rural electrification
projects all over the country. However, these objectives have been suitably expanded from
time to time. As of now, the main objects of the Corporation are as under :
i) To finance rural electrification schemes in the country.
ii) To subscribe to special rural electrification bonds that may be issued by the
State Electricity Boards on conditions to be stipulated from time to time.
iii) To promote and finance rural electricity co-operatives in the country.
iv) To administer the moneys received from time to time from the
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