Shri R K Singh and Shri Tirath Singh Rawat inaugurates UG cabling project at Kumbh area in Haridwar as part of Bharat ka Amrut Mahotsav equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Parliamentary panel pitches for more funds for Power Ministry
March 08, 2021
Ministry has constantly been allocated funds less than 50% of its original demand, says report
The Parliamentary Standing Committee on Energy has flagged the consistently low budgetary allocation to the Ministry of Power as detrimental to India’s electricity sector.
The committee, on Monday, presented in Parliament its report on the Ministry’s demand for grants.
“The committee notes that the Ministry of Power has been allocated ₹15,322 crore though it had projected a demand of ₹30,155 crore. The scrutiny of the Demands for Grants of the Ministry of Power for the previous years has revealed that the Ministry has constantly been allocated funds less than 50 per cent of its original demands,” the report said.
Curbing Power Transmission & Distribution losses sentinelassam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sentinelassam.com Daily Mail and Mail on Sunday newspapers.
‘T&D losses are within the limit’
As various stakeholders strongly opposed the proposal to hike power tariff, Managing Director of Hubballi Electricity Supply Company (HESCOM) M. Muniraju defended the proposal saying that it had become necessary as even after bringing down transmission and distribution (T&D) losses, HESCOM had incurred losses to the tune of ₹974.77 crore.
Defending the proposal at the KERC public hearing on Monday, Mr. Muniraju said that HESCOM was purchasing power at ₹5.34 per unit as against ₹4.21 last year as the power purchase rates had increased.
Mr. Muniraju said that HESCOM had managed to bring down T&D losses to just 14.10% which was well within the limit prescribed by KERC.