Question : FUNDS SOUGHT BY RAJASTHAN

(a) whether the Government of Rajasthan has sought an amount of Rs. 9000 crore from the Rural Electrification Corporation (REC) and the Power Finance Corporation (PFC) for power transmission, generation and distribution companies;

(b) if so, the details thereof;

(c) the guidelines issued by the Union Government to make the funds available to Rajasthan by these finance corporations and the amount of funds made available so far in this regard; and

(d) the reasons for not providing adequate funds to the Government of Rajasthan by the Union Government?

THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF POWER ( SHRI JYOTIRADITYA M. SCINDIA )

(a) & (b) : No, Madam. The Government of Rajasthan has not sought an amount of Rs.9000 crore from REC and PFC for Power Transmission, generation and distribution companies. However, the three DISCOMS of Rajasthan, namely, Ajmer Vidyut Vitran Nigam Ltd. (AVVNL), Jodhpur Vidyut Vitran Nigam Ltd. (JdVVNL) and Jaipur Vidyut Vitran Nigam Ltd. (JVVNL) had sought Rs. 4500 crore (Rs.1500 crore each) from REC towards Transitional Financing Loans in August, 2012. Transitional Financing Loans of Rs. 4500 crore (Rs. 1500 crore each) to the three DISCOMS of Rajasthan were sanctioned in September, 2012. So far, Rs. 2250 crore (Rs. 750 crore to each DISCOM) of Transitional Financing Loan has been disbursed by REC. REC has also been sanctioning loan assistance to State Power Utilities of Rajasthan in accordance with its commercial policy for projects posed to it.

Likewise, Government of Rajasthan has not sought any loan from Power Finance Corporation for Transmission, generation and distribution companies. However, PFC has been providing financial assistance to State Power Utilities of Rajasthan in accordance with its commercial policy.

(c) & (d) : No guidelines have been issued by the Union Government for Rajasthan in this regard. PFC and REC provide financial assistance to State Power Utilities as per their policy.