Integrated Power Development Scheme
Integrated Power Development (IPDS) scheme launched by Modi Government is basically a new avatar of Restructured Accelerated Power Development Programme of UPA. This scheme focuses on improvement of T&D networks across India. It promises help in reduction of AT&C losses, establishment of IT enabled energy accounting / auditing system, improvement in billed energy based on metered consumption and improvement in collection efficiency.
The scheme has been launched with an outlay of Rs. 44,011 crore for 12th and 13th plans. All discoms including private discoms and state power departments are eligible to get financial assistance under it. The discoms can prioritize what fraction of their infrastructure work is to be strengthened and can apply for assistance with their detailed project reports. The projects supported under this scheme need to be completed within 24 months. Like R-APDP, Power Finance Corporation is nodal agency for this scheme.
The grant portion of this scheme is 60% for normal states and 85% for special category states. They can also get 15% additional grant if they do the work within prescribed milestones viz. timely completion of the scheme, reduction in AT&C losses as per trajectory. The discoms need to enter into tripartite agreement with PFC and State Government to be enable to get all support.