• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books
• Gallery

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, July 1 The Power Ministry has approved distribution sector upgradation projects worth Rs 1,614 crore for 423 towns. The move is expected to give a fillip to the information technology and electrical equipment sector, an official release said.

The Steering Committee on Restructured Accelerated Power Development and Reforms Programme approved these projects for towns in Gujarat, Punjab, Tamil Nadu, Uttar Pradesh and West Bengal. So far, the Ministry has approved 1,022 projects worth Rs 3,562 crore, it said.

“RAPDRP is part of the fiscal stimulus package announced by the Government of India. These projects are for establishment of baseline data and IT applications for energy auditing and IT-based consumer service centres and aims at reduction of aggregate technical and commercial losses and improvement in consumer services,” the release said. Power Finance Corporation is the nodal agency for the committee.

More Stories on : Power

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line