Hyderabad: The Telangana government today approved the TGSPDCL’s plans for conversion of overhead lines to underground cabling in the Metro zone in the city with an estimated cost of Rs 4,051 crore.
According to a GO Ms. 43 issued, the project cost would be met from the TGSPDCL’s internal funds or through borrowing.
The TGSPDCL would also ensure the participation of telecom and internet service providers and T-Fiber in underground cabling on a cost-sharing basis.
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The TGSPDCL had earlier submitted a Detailed Project Report (DPR) for conversion of overhead lines to underground cable in the Metro zone covering Banjara Hills circle, Secunderabad circle, Hyderabad Central and Hyderabad South Circle to the State government.
The objective of the project to improve the quality and reliability of power supply, besides reducing the maintenance cost.
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The State government has also permitted the TGREDCO to procure 3,000 MW of solar power in a phased manner for five years through competitive bidding to meet the Renewable Consumption Obligation (RCO).
TGREDCO had earlier proposed to procure 5,000 MW solar power in coordination with the Discoms and in line with the Telangana Green Power Procurement Coordination Committee.