Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
04 Jun 2023
Ministry of Power (MoP) has approved Revamped Distribution Sector Scheme (RDSS) for the NDMC area of New Delhi with a project cost of Rs. 337 Cr.The scheme ‘Implementation Agreement’ was signed by New Delhi Municipal Council (NDMC) with Power Finance Corporation Ltd (PFC), the Nodal agency for the scheme, in a move aimed at improving the quality, reliability and affordability of Power supply in NDMC including the proposed central vista area. The agreement was signed by Shri Saurav Shah, ED-PFC and Dr. Ankita Chakravarthy, Secretary, NDMC in the presence of senior officials of both PFC and NDMC.The RDSS scheme is aimed to create a financially sustainable and operationally efficient distribution sector. Under the scheme, existing distribution infrastructure will be upgraded including the replacement of old infrastructure, automation of feeders for better reliability and installation of system meters of energy accounting.
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