Power & RE sector PSUs contributing Rs 925 Cr To PM CARES fund

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New Delhi, April 3, 2020: The Central Public Centre Enterprises ( CPSEs) under Ministry of Power and Ministry of New & Renewable Energy have decided to contribute Rs. 925 Crore to ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund)’ which has been created by PMO to provide relief to victims of coronavirus ( COVID-19) pandemic.

Informing about the major initiative by PSU under his Ministries, Shri R.K.Singh, the Union Minister of Power and New & Renewable Energy has tweeted, “ We feel honoured to share that the Public Sector Undertakings of the Ministry of Power & MNRE have decided to contribute INR 925 Cr to the PM- CARES fund with INR 445Cr being deposited on 31st March and remaining in the first week of April.”The amount of Rs. 925 Cr includes contribution of Rs. 905 Cr from PSUs under Ministry of Power and contribution of Rs. 20 Cr. From PSUs under MNRE.

“Covid-19, a highly contagious disease has spread to almost the entire world. In India too the pandemic is posing severe health hazard, which requires the entire nation to stand together,” Shri Singh said. He complemented all those who are contributing wholeheartedly to the PM Cares Fund responding to the appeal of the Prime Minister Shri Narendra Modi. Following are the details of the contribution:

Fig. in Rs. Crores
CONTRIBUTION IN  PM CARES ACCOUNT BY CPSEs, MINISTRY OF POWER

 

S.No. Name of CPSE Contribution by 31st March,2020 Amount proposed to be deposited out of CSR budget for 2020-21 Contributions of Employees from Salary Total
NTPC NIL 250 7.5 257.50
PGCIL 130 70 2.47 202.47
PFC 181 19 0.18 200.18
REC Ltd. 100 50 0.15 150.15
NHPC 20 30 1.9 51.90
SJVN Ltd. 5 20 0.32 25.32
THDC 2.0 7.4 0.60 10.00
BBMB NIL NIL 2.5 2.50
POSOCO 0.27 0.3 0.17 0.74
NEEPCO 2.56 1.50 0.60 4.66
    440.83 448.20 16.39  
GRAND TOTAL 905.42

            Fig. in Rs. Crores

CONTRIBUTION IN  PM CARES ACCOUNT BY CPSEs, MINISTRY OF NEW & RENEWABLE ENERGY

 

S.No. Name of CPSE Amount to be contributed (CSR + Salary)
1. IREDA 15
2. SECI 5
                                     Total 20