Lok Sabha Question No. 1376 (UNSTARRED), answered on 2017-02-09
Subject: Funding by REC/PFC
Ministry: POWER
Asked by: B.V. NAYAK

## GOVERNMENT OF INDIA MINISTRY OF POWER

## LOK SABHA UNSTARRED QUESTION NO.1376 TO BE ANSWERED ON 09.02.2017

## FUNDING BY REC/PFC

1376. SHRI B.V. NAIK:

Will the Minister of POWER be pleased to state:

- (a) whether  Rural  Electrification  Corporation  (REC)  and  the  Power Finance  Corporation  (PFC)  Ltd.  are  funding  the  State  Electricity  Boards and distribution companies for procurement of energy meters;
- (b) if so, the details of funds provided to State Electricity Board/distribution companies during the last three years, State-wise; and
- (c) the monitoring mechanism to ensure that the funds released by REC and PFC are properly utilized?

## A N S W E R

THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR POWER, COAL, NEW & RENEWABLE ENERGY AND MINES

( SHRI  PIYUSH GOYAL )

(a) & (b) : Yes,  Madam.  Rural  Electrification  Corporation  (REC)  and  the Power  Finance  Corporation  (PFC)  Ltd.    are  providing  loans  to  State Electricity  Boards  and  distribution  companies  for  various  infrastructure projects  including  procurement  of  energy  meters.  Details  are  given  at Annex-I & II.

(c) : REC officials, from their 22 Project offices/sub offices all over the  country,  are  regularly  monitoring  the  progress  of  the  distribution schemes to ensure that funds are being utilized properly. The disbursement  mechanism  of  PFC  ensures  that  funds  are  released  on receipt of material by borrower.

************

ANNEX  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  &  (b)  OF  UNSTARRED QUESTION  NO.  1376  TO  BE  ANSWERED  IN  THE  LOK  SABHA  ON 09.02.2017.

***********

| Sanctions made by REC to various States under Distribution Portfolio during 2013-2016   | Sanctions made by REC to various States under Distribution Portfolio during 2013-2016   |
|-----------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------|
| State Name                                                                              | Sanction (Rs Crore)                                                                     |
| Andhra Pradesh                                                                          | 6487.26                                                                                 |
| Bihar                                                                                   | 147.65                                                                                  |
| Chhattisgarh                                                                            | 571.21                                                                                  |
| Haryana                                                                                 | 3998.61                                                                                 |
| Himachal                                                                                | 422.93                                                                                  |
| Jammu & Kashmir                                                                         | 80.01                                                                                   |
| Karnataka                                                                               | 5909.12                                                                                 |
| Kerala                                                                                  | 1425.31                                                                                 |
| Madhya Pradesh                                                                          | 17.52                                                                                   |
| Maharashtra                                                                             | 4660.86                                                                                 |
| Manipur                                                                                 | 39.88                                                                                   |
| Odisha                                                                                  | 197.72                                                                                  |
| Punjab                                                                                  | 2133.02                                                                                 |
| Rajasthan                                                                               | 4597.68                                                                                 |
| Tamil Nadu & Pondicherry                                                                | 3729.13                                                                                 |
| Telangana                                                                               | 4065.64                                                                                 |
| Uttar Pradesh                                                                           | 3310.01                                                                                 |
| Uttarakhand                                                                             | 665.51                                                                                  |
| West Bengal                                                                             | 2679.49                                                                                 |
| Puducherry - UT                                                                         | 63.58                                                                                   |

**************

ANNEX-II ANNEX  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  &  (b)  OF  UNSTARRED QUESTION  NO.  1376  TO  BE  ANSWERED  IN  THE  LOK  SABHA  ON 09.02.2017. ***********

| Sanctions made by PFC to various states under distribution portfolios during 2013-2016   | Sanctions made by PFC to various states under distribution portfolios during 2013-2016   | Sanctions made by PFC to various states under distribution portfolios during 2013-2016   |
|------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|
| Sl. No.                                                                                  | State                                                                                    | Sanctions (Rs. in Crore)                                                                 |
| 1                                                                                        | ANDHRA PRADESH                                                                           | 75                                                                                       |
| 2                                                                                        | BIHAR                                                                                    | 2,194                                                                                    |
| 3                                                                                        | CHHATTISGARH                                                                             | 1,730                                                                                    |
| 4                                                                                        | GOA                                                                                      | 1,432                                                                                    |
| 5                                                                                        | HIMACHAL PRADESH                                                                         | 61                                                                                       |
| 6                                                                                        | KARNATAKA                                                                                | 440                                                                                      |
| 7                                                                                        | KERALA                                                                                   | 148                                                                                      |
| 8                                                                                        | MADHYA PRADESH                                                                           | 209                                                                                      |
| 9                                                                                        | MAHARASHTRA                                                                              | 943                                                                                      |
| 10                                                                                       | MIZORAM                                                                                  | 24                                                                                       |
| 11                                                                                       | PUDUCHERRY                                                                               | 64                                                                                       |
| 12                                                                                       | PUNJAB                                                                                   | -                                                                                        |
| 13                                                                                       | RAJASTHAN                                                                                | 3,988                                                                                    |
| 14                                                                                       | TAMILNADU                                                                                | 68                                                                                       |
| 15                                                                                       | UTTAR PRADESH                                                                            | 1,298                                                                                    |
| 16                                                                                       | UTTARAKHAND                                                                              | 19                                                                                       |

**********