{"id":507373,"date":"2022-07-20T15:45:30","date_gmt":"2022-07-20T10:15:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=507373"},"modified":"2022-07-20T15:45:30","modified_gmt":"2022-07-20T10:15:30","slug":"world-bank-funding-for-hp-power-sector","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/world-bank-funding-for-hp-power-sector\/","title":{"rendered":"World Bank funding for HP power sector"},"content":{"rendered":"<p>The Central government will provide a financing facility worth about Rs 1,600 Crore through World Bank for \u201cHimachal Pradesh Power Sector Development Programme\u201d. With the state equity, the total programme cost will be approximately Rs 2,000 crore. This programme aims to undertake holistic power sector reforms to allow for improvements in renewable energy integration in the state.<\/p>\n<p>The key result areas through which this is being targeted is improvements in utilization of state\u2019s power sector resources (such as hydro and solar), improvements in reliability of state\u2019s grid at transmission and distribution level and strengthening of institutional capacities of various state\u2019s power utilities\/agencies.<\/p>\n<p>A spokesperson of Directorate of Energy said that World Bank funding under this programme is expected to be available by early next year. He said that both, World Bank and department of MPP &#038; Power, Himachal Pradesh, are working expeditiously towards finalisation of the program preparation whose duration will be of five years.<\/p>\n<p>\u201cThrough this programme, efforts will be made towards promotion of integrated resource planning to allow comprehensive planning of the power sector, piloting demand response management, improving the technical utilization of the existing hydro power assets to facilitate increased integration with other sources of renewable energy, and the establishing of a single trading desk to allow for efficient trading of the state\u2019s power,\u201d the spokesperson added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central government will provide a financing facility worth about Rs 1,600 Crore through World Bank for \u201cHimachal Pradesh Power Sector Development Programme\u201d. With the state equity, the total programme cost will be approximately Rs 2,000 crore. This programme aims to undertake holistic power sector reforms to allow for improvements in renewable energy integration in the state. The key result areas through which this is being targeted is improvements in utilization of state\u2019s power sector resources (such as hydro and solar), improvements in reliability of state\u2019s grid at transmission and distribution level and strengthening of institutional capacities of various state\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-507373","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=507373"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507373\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=507373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=507373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=507373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}