Urban power reforms: Slow tenders, unequipped contractors hinder IPDS

In the concluding part of Power Reforms series, Business Standard throws light on the real issues delaying its physical progress and overall development of economy of India's 3,630 small towns

In a strongly worded letter to all state-owned power distribution companies (discoms) last month, the executive director at Power Finance Corporation, the nodal agency for implementation of Integrated Power Development Scheme (IPDS), pointed out the slow pace of work being done under urban power reforms scheme and urged to expedite it.
 
“It is observed that the present pace of physical progress does not seem to be in commensuration with the time frame of completion of projects, given that the last of the projects should be completed by March 2019,” said the letter published on the IPDS website.
 
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