State Govt Guarantees, PPP Projects Also Apportioned

By Express News Service

Published: 01st June 2014 11:42 AM

Last Updated: 01st June 2014 11:42 AM

HYDERABAD: The state government divided the outstanding government guarantees given to various departments including Hyderabad Metro Water Supply and Sewerage Board and others for obtaining loans. As part of the division of the state, the government also apportioned the outstanding guarantees between two states. The guarantees were given by the government to 21 institutions, of which, the AP state amount is around 14,000 crore and the Telangana amount is around Rs 17,000 crore. The guarantee given to AP Transco, the principal amount apportioned is Rs 3,960 crore to AP and Rs 5,594 crore to Telangana state. The Hyderabad Metropolitan Water Supply and Sewerage Board is located in Telangana, the entire counter guarantee amount goes to T-state. Meanwhile, the state government also decided to write off outstanding loans and advances sanctioned earlier to AP State Road Development Corporation and others
 PPP PROJECTS:
 The government also apportioned the Public-Private-Partnership (PPP) projects between AP and Telangana. A separate PPP Cell was created to Telangana state. The new URL for AP is www.ppp. ap.gov.in and the new URL for Telangana state is www. ppp.tg.gov.in. The summary of PPP projects in AP as on May 31: The total projects 31, initiating amount Rs 22,799.35 crore and bidding amount Rs 8,265.13 crore. Under operation or completed projects are 101 and the amount is Rs 24,663.97 crore. The total PPP projects in combined state are 180 involving a total amount of Rs 75,882.73 crore. The successor State governments may update wherever necessary the content, including state logo, state name, information on the State officials, information on PPP projects in their respective websites. They may also delete the information which is not pertaining to their respective statee and may start using the new websites after comprehensively validating the data in websites. Orders to this effect were issued on Saturday by Finance Departments.