Indian Economy News

Government approved US$ 83.9 million (Rs. 687 crore) for the upgradation of power distribution infrastructure in Ladakh

According to some officials, the Central Government has given its nod for the Revamped Distribution Sector Scheme (RDSS) to be implemented in the Union Territory of Ladakh at a sanctioned cost of US$ 83.9 million (Rs. 687.05 crore). According to them, the RDSS received approval from the Ministry of Power for installation in Ladakh.

In this regard, Mr. Tsewang Paljor, the Chief Engineer for Distribution at the Ladakh Power Development Department (LPDD), and Mr. A. K. Gahlot, the Executive Director of WAPCOS Limited, signed a contract in the presence of Mr. Ravinder Kumar, the Administrative Secretary for Power in Ladakh.

The plan includes further loss reduction projects in the Leh and Kargil districts of Ladakh, as well as the downline infrastructure in the Zanskar region and the grid connectivity of the Changthang region.

The designation of WAPCOS, a project of the Indian government, as the project management agency (PMA) for the implementation of the RDSS in Ladakh, was also approved by the Ministry of Power.

The Revamped Distribution Sector Scheme offers result-linked financial assistance to DISCOMs for the upgradation of supply infrastructure in order to increase operational efficiencies and financial sustainability, contingent upon completing pre-qualifying requirements and attaining fundamental minimum benchmarks.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.