India on Monday set quarterly targets for its infrastructure sector during this fiscal in a bid to monitor progress in power generation and building of roads and ports, critical to its economic growth.
“We will be able to tell how much we are targeting and how much we have been able to achieve,” Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters here.
According to the targets set by the commission, both the Central and State governments along with private companies, will add 20,359 MW of power to its present capacity. Of this, 4,126.5 MW will be added by the end of the quarter ending June 2010.
The government had set a target of 14,507 MW of capacity addition in the previous fiscal, but was able to add only 9,585 MW.
For roads and highways, the target is construction of 2,500 km highways in 2010-11, compared to 2,008.93 km in the previous fiscal.
The government had planned to construct 20 km a day but revised it later to 12-13 km a day.
It has set an expenditure of Rs. 35,680.86 crore on roads and highways construction against Rs. 11,608.50 crore spent a year ago. Under the annual Plan 2010-11, it has provided Rs. 22,000 crore to the rural development ministry to develop rural roads.
A total of 21 port up gradation projects are set to be awarded in the current fiscal, with private companies contributing Rs. 13,891 crore for projects in which they are partnering State-run agencies.
To cater to the rising demand in air traffic and scale up infrastructure at the country’s key airports, the government wants private firms to invest Rs. 2,635 crore in developing airports at Delhi, Mumbai, Hyderabad and Bangalore.
The Railways will add about 18,000 wagons, 4,000 coaches and add 1,019 km of new lines during this fiscal to facilitate faster movement of goods and passengers.
Following are the highlights of the annual infrastructure upgradation targets set by the Planning Commission Monday:
-- India to add 20,359 MW to current capacity of power generation.
-- Total power generation target set at 830,769 million units, of which 13.8 percent will come from private players.
-- 17,500 villages will be electrified, 47 million poor families to get electricity.
-- To construct 2,500 km highways in 2010-11 as against 2008.93 km in the previous fiscal.
-- Contracts will be awarded for 9,000 km highways in the current fiscal.
-- Roads and highway construction will cost Rs. 35,680.86 crore, of which Rs. 21,256 crore will be contributed by private firms.
-- Rural roads outlay set at Rs. 22,000 crore under the Pradhan Mantri Gram Sadak Yojana for constructing 19,090 km of new roads and upgradation of 15,000 km, providing connectivity to 6,000 habitations.
-- Railways will add about 18,000 wagons, 4,000 coaches and add 1,019 km of new lines during this fiscal to facilitate faster movement of goods and passengers.
-- 21 port upgradation projects are set to be awarded in the current fiscal.
-- 168.45 million tonnes of port capacity to be added, plans to attract private investment worth Rs.13,891 crore.
--Government wants private firms to invest Rs. 2,635 crore in developing airports at Delhi, Mumbai, Hyderabad and Bangalore.