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News Brief | September 2014

AP seeks Rs.15,718-crore Central aid

The Andhra Pradesh government has urged the Centre to provide financial assistance to the tune of Rs 15,718 crore to support its round-the-clock Power For All (PFA) Programme. The PFA initiative requires a total expenditure of Rs 54,332 crore during the next five years up to 2018-19. The State government is contemplating meeting the balance amount by taking financial assistance from PFC, Rural Electrification Corporation and various banks. The Centre had selected Andhra Pradesh as one of the three States for the implementation of the PFA programme.
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