Ministry of Jal Shakti
RELEASING OF FUNDS FOR POLAVARAM PROJECT
Posted On:
24 JUL 2023 6:12PM by PIB Delhi
Department of Expenditure, Ministry of Finance, vide Office Memorandum dated 05.06.2023, has communicated no objection to additional funding for completing the balance work of Polavaram Irrigation Project (PIP) for filling of water up to 41.15 meters amounting to Rs. 10,911.15 crore and Rs. 2,000 crore for cost of repairing damages caused to PIP by flood being considered by the Government of India, subject to the approval of the Cabinet, by modifying the earlier Cabinet decision.
Government of Andhra Pradesh, vide letter dated 05.06.2023, has submitted revised cost estimate for Rs.17,144.06 crore for balance works for phase I, i.e., for storage of water upto EL 41.15 m. Action has been taken for examination of the proposal expeditiously for facilitating its approval by the Government of India. However, it is not considered advisable to set a time line for the purpose.
Hon’ble Chief Minister of Andhra Pradesh, vide letter dated 15.07.2022, requested for sanction of an adhoc grant of Rs. 10,000 crore to the Government of Andhra Pradesh, based on the proposal regarding PIP submitted by the State Government vide letter dated 15.03.2022. The provision requested has been duly incorporated in the O.M. dated 05.06.2023 of Department of Expenditure referred to in reply to part (a) above.
This information was given by the Minister of State for Jal Shakti, Shri Bishweswar Tudu in a written reply in Rajya Sabha today.
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AS
(Release ID: 1942158)
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