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State government releases Rs. 62.50 cr. to Water Board

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The Hindu 27.08.2009

State government releases Rs. 62.50 cr. to Water Board

 

Special Correspondent

 

 

 

 

 

 

 

Hyderabad: The State government has sanctioned Rs. 62.50 crore to the Hyderabad Metropolitan Water Supply and Sewerage Board towards its share amount for first and second quarter budget to clear the pending bills towards the Moulana Abdul Kalam Hyderabad Sujala Sravanti Scheme and to maintain progress of works.

Through the GO 533 issued on Tuesday, the government issued the budget release order in relaxation of treasury control orders. This follows the request made by the Board Managing Director to the State to release at least Rs. 125 crore out of its share as per the budge provision made for 2009-10 to clear the pending bills. The Board required an amount of Rs. 338.43 crore for immediate payment towards committed expenditure on the project.