Time-Line and Funds for Polavaram Project
The approved cost of the Polavaram Project in Andhra Pradesh is Rs. 16010.45 crore at 2010-11 price level. The irrigation component of the project is Rs.12294.40 crore. Central Assistance (CA) of Rs. 562.47 crore was provided for the project under AIBP up to 31st March 2014. After the project was declared a National Project, Ministry of Finance informed that it will provide 100% of the remaining cost of the irrigation component only, for the period starting from 1st April2014, to the extent of the cost of the irrigation component on that date. After this, CA of Rs. 3364.16 crore has been released for this project from1st April2014 to 31st March2017. During 2017-18 CA of Rs. 979.36 crore has been released and another Rs. 1020.64 Cr. has been sanctioned.
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