The scheme has been operationalized recently with the issuance of the Guidelines / Procedure for Disbursement of Fund from Power System Development Fund (PSDF) on 18th September, 2014. The funds would be provided as grants to the States/UTs as per the guidelines.
This was stated by Sh. Piyush Goyal, (Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question in the Lok Sabha today.
The Minister further stated that proposal under PSDF have been received from Kerala, Rajasthan, West Bengal, Odisha, Andhra Pradesh, Assam, Karnataka, Punjab, Telengana, Nagaland, Bihar, Uttar Pradesh, Tamil Nadu, Puducherry and Jammu & Kashmir.
Schemes worth Rs.82.31 crore for Kerala, Rs.164.06 crore for Rajasthan and Rs.120.67 crore for West Bengal have been approved by Monitoring Committee for implementation.
Schemes of other States are under examination. The funds sanctioned for the purpose is likely to be released during 2014-15 onwards as per the Guidelines / Procedure for Disbursement of Fund from PSDF, the Minister added.
