Govt releases Rs 325 Cr for Bhadradri plant
The Telangana Government on Friday accorded administrative sanction for the release of Rs 325 crore to the TS-Genco towards equity contribution for establishment of Bhadradri Thermal Power Station (4x270 MW) (Manuguru TPS) & KTPP-II.
The funds were originally sanctioned in the financial year 2014-15. However, the amount could not be released due to non-availability of funds with the Finance Department. On April 15, the Finance Department issued the Budget Release Order for Rs 325 crore and same has been accorded administrative sanction by the State Government on Friday.
The State Government has also sanctioned Rs 354.77 Crores towards tariff subsidy for the month of April 2015 to TS-TRANSCO.