Investor Presentaiton

(4) Assistance required for completing Polavaram Project Present Status : • • . State contribution - Rs. 5,135.87 Crore Rs. 6,727.26 Crore reimbursed to State after Polavaram being declared as National Project Balance reimbursement of expenditure already incurred to be made by Gol - Rs. 3,342.40 Crore Recommendations : . • The Project is a model of cooperation between the Union and the State Execution by the State under the Union's supervision has been vindicated by the speed and efficiency of execution To complete Phase I of the Project, a further Rs. 8,711.19 Crore (EL +41.15 m) is required To complete Phase II of the Project Rs. 27,494 Crore (from +41.15 m to +45.72 m) is required Revised cost estimates may be approved by the Union as per norms The Union and State should take steps to complete the project as per proposed schedule At present, funds are first spent by the State, and reimbursed by the Union later Quarterly advances to the State, and timely utilization certificates by State before the next advance would help smooth execution of project as State finances are under stress 16

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