Lok Sabha Question No. 1711 (UNSTARRED), answered on 2015-07-30
Subject: Fund under NEF
Ministry: POWER
Asked by: HARISH CHANDRA MEENA

## GOVERNMENT OF INDIA MINISTRY OF POWER

## LOK SABHA UNSTARRED QUESTION NO.1711 TO BE ANSWERED ON 30.07.2015

## FUND UNDER NEF

1711.  SHRI HARISH MEENA:

Will the Minister of POWER be pleased to state:

- (a) the details of the funds sanctioned from National Electricity Fund (NEF) to the various State power utilities for improving the power distribution network during the last three years; and
- (b) the  details  of  the  achievements  made  by  the  companies  in  the  power distribution since the implementation of NEF?

## A N S W E R

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

( SHRI  PIYUSH GOYAL )

- (a)  : Government  of  India  launched  the  National  Electricity  Fund  (Interest Subsidy Scheme) in July 2012 to provide Interest Subsidy on loans raised by both Public and Private Distribution Companies (DISCOMS), for capital works sanctioned by financial institutions to improve the infrastructure in distribution sector during the financial year 2012-13 and 2013-14.  NEF is a reform based Interest Subsidy scheme and  does  not  provide  for  any  loan  or  capital  grant  sanction.  State/Discoms-wise details of coverage under NEF are annexed. (b) : Distribution utilities are trying to improve the operational efficiency by way of reducing AT&C loss and Revenue gap to get the interest subsidy under NEF. The  NEF  Scheme  is  acting  as  one  of  the  enablers  towards  improvement  of performance parameters of Discoms.  The benefit of interest subsidy would finally be  passed  on  to  the  consumer  through  reflecting  the  same  in  the  ARR  of  the respective utilities. Some  of the Discoms  have  improved  their operational parameters like AT&C Loss and Gap Reduction (calculated as per NEF Guidelines/Methodology)  and  have  availed  interest  subsidy  for  FY  2012-13  and  FY 2013-14.

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## ANNEX REFERRED TO IN REPLY TO PART (a) OF UNSTARRED QUESTION NO. 1711 TO BE ANSWERED IN THE LOK SABHA ON 30.07.2015.

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## Details of Loan Approved for coverage under NEF & Drawal from Lenders (as on 30-06-2015)

Rs. in crore

| Sl. No.            | State Name                                               | Utility Name                    | No of Project   | Total Loan Amount Eligible Under NEF   | Cumulative Disbursement   |
|--------------------|----------------------------------------------------------|---------------------------------|-----------------|----------------------------------------|---------------------------|
| 1 Andhra           | Andhra Pradesh Eastern Power Distribution Company Ltd.   |                                 | 3               | 143.57                                 | 22.30                     |
| Pradesh 2          | Andhra Pradesh Southern Power Distribution Company Ltd.  | 118                             |                 | 2,098.91                               | 1,458.33                  |
| 3 Chhattisgarh     | Chhattisgarh State Power Distribution Company Ltd.       | 6                               |                 | 406.37                                 | 72.95                     |
| 4 Delhi            | Tata Power Delhi Distribution Company Ltd.               | 1                               |                 | 60.00                                  | -                         |
| 5 Gujarat          | Madhya Gujarat Vij Company Ltd.                          | 1                               |                 | 83.00                                  | 80.00                     |
| 6 Haryana          | Dakshin Haryana Bijli Vitran Nigam                       | 34                              |                 | 414.12                                 | 76.81                     |
| 7                  | Uttar Haryana Bijli Vitran Nigam                         | 53                              |                 | 714.53                                 | 275.49                    |
| 8 Himachal Pradesh | Himachal Pradesh Electricity Board                       | 68                              |                 | 410.62                                 | 177.34                    |
| 9 Karnataka        | Bangalore Electricity Supply Company Ltd.                | 119                             |                 | 2,564.05                               | 746.82                    |
| 10                 | Chamundeshwari Electricity Supply Company Ltd.           | 15                              |                 | 451.70                                 | 259.61                    |
| 11                 | Hubli Electricity Supply Co. Ltd.                        | 25                              |                 | 914.27                                 | 88.60                     |
| 12                 | Mangalore Electricity Company Limited                    | Supply 2                        |                 | 89.66                                  | 34.81                     |
| 13 Madhya          | MP Madhya Kshetriya Vidyut Vitran Company Ltd.           | 1                               |                 | 84.30                                  | 60.10                     |
| Pradesh 14         | MP Poorv Kshetra Vidyut Vitran Company Limited.          | 2                               |                 | 196.53                                 | 94.37                     |
| 15 Maharashtra     | Brihan-Mumbai Electric Supply & Transport                | 11                              |                 | 405.19                                 | -                         |
| 16                 | Maharashtra State Electricity Distribution Co. Ltd       | 243                             |                 | 7,534.98                               | 1,214.62                  |
| 17 Punjab          | Punjab State Power Corporation Ltd.                      | 25                              |                 | 1,035.84                               | 360.75                    |
| 18                 | Ajmer Vidyut Vitran Nigam Ltd.                           | 19                              |                 | 578.35                                 | 433.92                    |
| Rajasthan 19       | Jodhpur Vidyut Vitran Nigam Ltd.                         | 21                              |                 | 923.04                                 | 711.09                    |
| 20                 | Jaipur Vidyut Vitran Nigam Ltd.                          | 19                              |                 | 652.97                                 | 454.69                    |
| 21 Tamil Nadu      | Tamil Nadu Generation and Distribution Corporation Ltd.  | 54                              |                 | 1,340.27                               | 472.51                    |
| 22 Telangana       | Telangana State Southern Power Distribution Company Ltd. | 89                              |                 | 696.19                                 | 438.88                    |
| 23                 | Telangana State Northern                                 | Power Distribution Company Ltd. | 51              | 2,354.90                               | 94.04                     |
| 24 Uttarakhand     | Uttarakhand Power Corporation Ltd                        | 11                              |                 | 371.61                                 | 296.64                    |
| 25 West Bengal     | West Bengal State Electricity Distribution Co. Ltd.      | 18                              |                 | 1,881.81                               | 433.74                    |
|                    |                                                          | Total                           | 1009            | 26,406.77                              | 8358.41                   |

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