Polavaram project,Indira Sagar,YSR,NTR
In a significant move, the incumbent TDP government in Andhra Pradesh has changed the name of "Indirasagar" Polavaram Project. The move is expected ever since TDP won the general election and back into saddle. However, what's surprising many is that TDP hasn't named it after its party founder and legendary actor-former CM NT Rama Rao. Instead it named the project as Polavaram Irrigation Project. This is seen as a laudable step as the ruling party shunned the tradition to name after prestigious projects.
Polavaram is a multi-purpose irrigation project which has been accorded national project status by the Union Government. To be built with a whopping Rs 20,000 Crore, the total capacity of the project is 194 tmcft at FRL 150ft msl. Union Government is going to bear the 90% of the project cost whereas the truncated state of AP has to bear the rest. The Central government so far released Rs 250 Crore to set up Special Purpose Vehicle (SPV) for the project. It allocated Rs 100 Crore in the budget.
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