Ministry of Power Current Affairs

SJVN signs MoU with Ministry of Power to achieve 9200 Million Units in FY 2018-19

Hydro power major Sutlej Jal Vidut Nigam (SJVN) Limited has signed Memorandum of Understanding (MoU) with Ministry of Power for generating 9200 million units for the year 2018-19. The MoU was signed in New Delhi by Power Secretary Ajay Kumar Bhalla and SJVN Chairman & Managing Director (CMD) Nand Lal Sharma.

Key Facts

As per set targets in the MoU, SJVN will achieve 9200 Million Units generation during FY 2018-19 under ‘Excellent’ category. Further, SJVN will have Capital Expenditure (CAPEX) target of Rs. 900 crore and Turnover target of Rs. 2175 crore along with other targets related to operational efficiency and project monitoring.

Sutlej Jal Vidut Nigam (SJVN)

SJVN Limited is a Mini Ratna and Schedule ‘A’ Central Public Sector Undertaking (CPSU) under Ministry of Power. It is joint venture between Central Government (64.46% share) and Government of Himachal Pradesh (25.51% share). It was incorporated in 1988. It is headquartered in Shimla, Himachal Pradesh.

The present installed capacity of SJVN is 1,964 MW (comprising of 1912 MW Hydro, 47.6 MW Wind Power, 5 MW Solar Power). SJVN is successfully operating country’s largest 1500 MW Nathpa Jhakri Hydropower Station. In FY 2017-18, SJVN had generated 9280 Million Units from its projects under operation with installed capacity of 1964 MW against target of 8950 Million Units (under Excellent category). Currently, SJVN has four projects with capacity of 1610 MW under construction.

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Skill India partners with Ministry of Power for implementation of Saubhagya Scheme

The Ministry of Power has partnered with Ministry of Skill Development & Entrepreneurship to train the manpower in six states for speedy implementation of its Pradhan Mantri Sahaj Bijli Har Ghar Yojna (Saubhagya Scheme). These six states are Assam, Bihar, Madhya Pradesh, Jharkhand, Odisha and Uttar Pradesh.

Key Facts

Under this partnership, around 47,000 Distribution Lineman-Multi Skills and 8,500 Technical Helpers will be trained to meet the requirement of power sector projects under Saubhagya scheme. The training infrastructures will be available with ITI’s at district level as well as infrastructures available with State Power Distribution Utilities will be utilized for skill training of candidates ensuring successful implementation of scheme.

Pradhan Mantri Sahaj Bijli Har Ghar Yojna (Saubhagya Scheme)

Objective: To achieve universal household electrification in all parts of the country. The scheme primarily benefits rural areas, which have vast majority of households without power connections.

Funding: Total outlay of scheme is Rs. 16,320 crore of which Gross Budgetary Support (GBS) is Rs. 12,320 crore. It is being funded to extent of 60% by central grants, 30% by bank loans and 10% by states. Of total outlay of Rs 16,320 crore, rural areas will get Rs 14,025 crore. For urban households outlay is Rs. 2,295 crore. States will be provided with incentive of 50% of their loan being converted to grants, if electrification targets under the scheme are met by 31 December 2018.

Identification of beneficiaries: The government will use Socio Economic and Caste Census (SECC) 2011 data to identify beneficiaries for free electricity connections. Un-electrified households not covered under SECC data will also be provided electricity connections on payment of Rs. 500 which will be recovered by DISCOMs in 10 installments through electricity bill.

Implementing agencies: The Rural Electrification Corporation Limited under Ministry of Power is nodal agency for the operationalisation of the scheme throughout the country. To ensure on-the-spot registration, mobile applications will be used. Gram Panchayat and public institutions in rural areas will be authorised to carry out billing and collection tasks.

Benefits: Free connections will be provided to below poverty line (BPL) households and even those not covered under this category can avail electricity connection by paying Rs. 500 in 10 instalments with their monthly bill. There will be no subsidy component for monthly electricity consumption.

Remote areas: For those household where national electricity grid cannot reach, households will be provided with solar power packs along with battery banks. Remote hamlets will be powered with solar panels along with 5 LED lamps, DC fan and plug point along with repair and maintenance for five years.

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