A stitch in time saves Jharkhand Rs1,200 cr

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The Damodar Valley Corporation (DVC) will spare Jharkhand from paying 60 per cent of its total dues towards electricity consumption, giving a relief of Rs1,200 crore to the Government.

The decision was taken on Saturday in a meeting between Union Energy Minister Piyush Goyal and Chief Minister Raghubar Das in New Delhi on Saturday. The decision came after the Chief Minister made requests to the Union Minister citing the details of ambitious projects of the State in the power sector.

 Das said that under the Union Government’s ambitious Ujjwal Discom Assurance Scheme (UDAY) for financial strengthening of the power distribution companies, the State Government will pay the dues of JVVNl, DVC and Coal India by taking loan from the RBI.Jharkhand is the first State to take part in UDAY. Thanking the Prime Minister and the Energy Minister, Das said that the country was treading the path of success and the

States were also getting equal help from the Centre for development projects. The CM also said that a retendering will be soon conducted by completing all the formalities for restarting the Tilaiya Ultra Mega Power Plant. A committee will be formed for Jharia Rehabilitation Plan to study and submit a report for rehabilitation of the people there. In the rehabilitation scheme, a provision of providing employment for displaced people will be considered, he said.

The CM said that the place to shift RSP College, Dhanbad will be selected soon. He said that the Government of India will help in building and equipping the college. He said that the Ministry of Coal will help in developing Sports University, which is to be run by State Government in collaboration with Central Coalfields limited, through its public enterprises. This will help in detecting the sports caliber of tribal children and develop their sports talent.

Daily Pioneer
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