The Hindu 30.04.2013
GVMC seeking Hudco aid
Finance will be sought on the lines of Krishna water project.
With getting funds for the Rs. 1900-crore massive
Godavari pipeline project under JNNURM ruled out, GVMC is now seeking
assistance from Hudco.
Finance will be sought on the
lines of Krishna water project Phase III under which 90 per cent funds
are provided as loan with the state government making budgetary
allocation and standing counter guarantee.
The remaining 10 per cent is sanctioned by the State Government itself.
Taking
up the pipeline is seen as one of the major solutions to avoid
pilferage and leakages and increase the present supply from the Godavari
and Yeleru reservoirs from the present 56 mgd to almost 90 mgd.
“Presently we are unable to meet the standard demand of 130 l per capita
supply or meet the demand of the industry, particularly the steel
plant, that is ready to pay,” Municipal Commissioner M V Satyanarayana
said.
He told reporters on Monday that a project
report was ready and a team from Hudco visited the city and recommended
it to the state government.
Now it is for the government and the all-important Finance department to accord sanction.
Mr. Satyanarayana said once started the project would take two years for completion.
While
the Neelam cyclone saved water woes this summer, a lean year will push
GVMC hard for supply. Augmenting supply from existing sources is one of
the major options it has.
