Inside Pages9Final.indd - Ministry of Power

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MINISTRY OF POWER
year. Distribution network in major cities for which PFC has
sanctioned counterpart funding during 2005-06 include
Margao Town, Panjim, Agra etc.
11.0 ACCELERATED GENERATION & SUPPLY
PROGRAMME (AG&SP) DURING 10TH PLAN.
The AG&SP scheme has been extended to 10th Plan.
The AG&SP scheme for the 10th Plan envisages the
following:-
1. The assistance under the AG&SP scheme shall be
limited to State sector Renovation & Modernization
(R&M) of thermal power plants and Renovation &
Uprating (R&U) of hydro power plants including R&M
of power plants of Damodar Valley Corporation (DVC);
2. The State sector generation projects including those
based on non-conventional energy sources are covered
which are to be commissioned in the 10th Plan;
3. Grants under AG&SP scheme will be provided to SEBs,
SGCs and State Power Departments for carrying out the
studies, which help to achieve policy objectives of the
24 MW Wind Power Project financed by PFC
Government relating to power sector. These include
power sector reform and restructuring studies, system
studies, R&M studies, life extension studies, retainer
consultancy for R&M and environment/ social studies;
4. Interest subsidy under the scheme is the difference of
prevailing PFC interest rate and G Sec rate limited to 3%
and 4% for North Eastern states as the case may be.
5. During the financial year, 2004-05, PFC disbursed an
amount of Rs.1820 crore under AG&SP and the Ministry
of Power released an amount of Rs.250 crore.
During the financial year 2005-06 an amount of Rs. 1743
crore has been disbursed by PFC under AG&SP during
April 05 to Dec 2005.
12.0 FINANCIAL ASSISTANCE FOR POWER SECTOR
STUDIES
As part of its developmental role, the Company has been
extending financial assistance in the form of grants,
interest free and/or concessional loans to its Borrowers to
take up important power sector studies in priority areas of