Important Points to Know about Integrated Power Development Scheme (IPDS)

    Important Points to Know about Integrated Power Development Scheme (IPDS):
    Important Points to Know about Integrated Power Development Scheme (IPDS):
    Important points that we have to know about Integrated Power Development Scheme (IPDS) was given here, which will be more helpful for the candidates those who are preparing for the upcoming exams.

    1). TheUnion Government launched theIntegrated Power Development Scheme(IPDS) to extend financial assistance against capital expenditure to address the gaps in sub transmission, distribution network and metering in Urban and Semi-urban areas to supplement the resources ofPower Department
    ·        This Scheme was launched by Prime MinisterNarendra Modi inVaranasion18th September 2015
    ·        The union Government has allotted a fund ofRs. 45,000 crore for IDPS projects

    2).OBJECTIVES OF IDPS
    ·        To strengthenSub-transmission andDistribution network in urban areas
    ·        Meteringof distribution transformers in urban areas
    ·        Rooftop Solar Project – installation of solar panels and smart/net meters as a mandatory component under IPDS
    ·        IT enablement of distribution sector and distribution network strengthening as per the norms of the ongoing schemeRestructured Accelerated Power Development and Reforms Programme(R-APDRP) 

    3). All Power departments including private and state owned will be eligible for financial assistance under this scheme

    4). In case of private sector power departments where the distribution of power supply in the urban areas is with them, the projects under the scheme will be implemented through aState Government Agencyand the assets to be created under the scheme will be owned by the State owned companies

    5). These assets will be handed over to the concerned private sector companies for their use during the license period on mutually agreed terms& conditions

    6).The power departmentswill assess the need for strengthening the urban distribution networks and will formulateDetailed Project Reports(DPR)

    7). The DPRs will be recommended by the existingDistribution Reforms Committee (DRC) at the State level under the Chairmanship of theChief Secretary constituted by the State for R-APDRP

    8). The DRC will ensure that there is no duplication of work while recommending the projects to the Nodal Agency i.e.,Power Finance Corporation Limited (PFC)

    9).The projects will be analysed and recommended by the PFC for approval of theMonitoring Committee chaired by Secretary (Power),Ministry of Power

    10). The DPRs are then submitted for approval from the Monitoring Committee under the Chairmanship of Secretary of Power that consists of representatives from the followingministries
    o  Ministry of Power
    o  Ministry of Finance
    o  Ministry of Urban Development
    o  Ministry of Housing& Urban Poverty Alleviation
    o  Ministry of New& Renewable Energy
    o  Central Electricity Authority
    o  Planning Commission

    11). AProject Management Agency (PMA) will be monitor and ensure timely implementation of the projects under this scheme. A100% grant will be provided by the government towards the expenditure incurred by the PMA

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