How Condition of electricity will improve in Bihar; What are the efforts made in field of electricity self sufficiency.
detail on present Electricity problem and solution:
New Delhi, June 15 (IANS)
The Asian Development Bank (ADB) has offered a $132
million loan for development of power projects in Bihar, an official said
The major portion of the ADB loan ($130.3 million) will be used to
finance infrastructure such as transmission lines, while the remaining ($1.9
million) will be used for strengthening the internal capacity of the Bihar State
Electricity Board (BSEB).
Representatives of the ADB, finance ministry and Bihar
government signed an agreement here for the loan, which will be utilised over
the next five years.
The project is expected to be completed by the end
of 2015. It will provide/transmit additional 472,579 megawatt-hours (MWh) to
consumers annually by the end of 2015 and reduce system losses by 3 percent by
2016 in the seven districts of Bihar.
“This is the first ever loan to be
extended by a multilateral development bank for strengthening Bihar’s power
sector,” Venu Rajamony, Joint Secretary at the federal department of economic
affairs, said after signing the agreement.
He said the ADB assistance
would help strengthen Bihar’s transmission and distribution system and reduce
technical and commercial losses of electricity.
“Given that a reliable
power supply is critical for facilitating growth and creating employment
opportunities, this project will help Bihar in attracting investment and tapping
its economic potential in addition to reducing power outages,” Rajamony said.
The loan will be used to install new transmission lines and to renovate
and modernise transmission and distribution facilities to improve the quality
and reliability of the state’s electricity supply network.
The ADB will
also provide a technical assistance grant of $300,000 for training and other
capacity development to improve project and financial management in BSEB.
It will assist BSEB with project implementation and construction
supervision, including training in the maintenance and operation of high-voltage