Question : FUNDS FOR POWER SECTOR



(a) the funds required for infrastructure development in the power sector during the next five years; and

(b) the likely role to be played by the World Bank (WB) and the Asian Development Bank (ADB) therein?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF POWER ( SHRI BHARATSINH SOLANKI )

(a) : The Planning Commission`s Working Group on Power for the Eleventh Five Year Plan has assessed a total fund requirement for generation, transmission, distribution, R&M etc. of Rs.10,59,515 crore (inclusive of private sector).

(b) : The World Bank and ADB have committed financing Power Sector Projects aggregating US$ 2655 million (Rs.12,744 crore) and US$1892 million (Rs.9028 crore) respectively. In addition, Government of India has taken up with World Bank and ADB for additional financing of power projects aggregating US$ 4850 million (Rs.23,280 crore) and US$ 1300 million (Rs.6240 crore) respectively.