(a) whether the Rural Electrification Corporation (REC) proposes to provide
loans for setting up of power projects in the country;
(b) if so, the details thereof;
(c) whether any proposal has been received by the REC in this regard; and
(d) if so, the total amount of loan sanctioned and released by REC for the
purpose during the last three years?
THE MINISTER OF STATE IN THE DEPARTMENT OF COMMERCE,
MINISTRY OF COMMERCE & INDUSTRY AND MINISTER OF STATE
IN THE MINISTRY OF POWER
( SHRI JAIRAM RAMESH )
(a) & (b) : Yes, Sir. Rural Electrification Corporation provides loans for
setting up of Generation Projects. The details of generation projects
sanctioned from 2005-06 to 2008-09 (upto 30.11.2008 ) is enclosed as
Annexure.
(c) & (d) : Yes, Sir. The amount of loan sanctioned and released by REC
during the last three years (upto 30.11.2008 ) are as under:-
(Rs. in Crore)
2005-06 2006-07 2007-08 2008-09 (Upto 30.11.2008)
SANCTION 6006.04 10364 27274.66 19356.73
DISBURSEMENT 1553.40 4291.00 4308.04 4594.67