PERFORMANCE BUDGET 1998-99 - Ministry of Power
PERFORMANCE BUDGET 1998-99 - Ministry of Power
PERFORMANCE BUDGET 1998-99 - Ministry of Power
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The operations <strong>of</strong> the Corporation aim at augmenting resources for the state power<br />
sector and bringing about improvement in efficiency, both in its operational and financial<br />
areas during the 9th Plan Period.<br />
11.4.5 PFC has an Authorised Share Capital <strong>of</strong> Rs.2,000 crore. The paid-up share capital as on<br />
31 st March, <strong>1<strong>99</strong>8</strong> is Rs.1030.45 crore, all <strong>of</strong> which has been subscribed by the Central Govt.<br />
The funds position as on 31 st March, 98 is indicated below:-<br />
90<br />
(Rs. in Crore)<br />
Sl.No. Item As on 31/03/<strong>1<strong>99</strong>8</strong><br />
(un-Audited)<br />
1. 2. 3.<br />
1. Equity 1030.45<br />
2. Market Borrowings 2510.16<br />
3. Foreign Currency Loans 1298.44<br />
4. Government Loans 1281.77<br />
5. Reserves and Surplus 1450.98<br />
Total: 7571.80<br />
11.4.6 In the year 1<strong>99</strong>7-98, the Corporation has envisaged a programme for disbursement <strong>of</strong> Rs.1500<br />
crore for financing the projects. The corporation has accorded high priority for the Urban<br />
Distribution, Transmission, Renovation and Modernisation and Generation Projects to be<br />
completed during the 9th Five Year Plan period.
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