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States undertaking power reforms can borrow Rs 1.4 lakh crore extra in FY24

Published: June 29, 2023

In FY22 and FY23, 12 states were given permission to raise Rs 66,413 crore extra debt

Source: indianexpress.com

Power Sector Reforms: Indian govt earmarks Rs 1,43,332 crore worth incentives to 12 states for power sector reforms

Published: June 28, 2023

The Indian government has provided financial incentives of Rs 1,43,332 crore to 12 states for power sector reforms. This includes Rs 66,413 crore as additional borrowing for reforms completed in 2021-22 and 2022-23. The incentives aim to improve efficiency and performance and will enable states to borrow additional funds. Specifically, states can borrow up to 0.5% of their Gross State Domestic Product annually from 2021-22 to 2024-25 if they implement specific power sector reforms.

Source: indiatimes.com

J&K's Chief Secretary directs officers to recover power dues from influential defaulters [details]

Published: March 26, 2023

After setting August 23 as a deadline to install smart meters in all urban areas of J&K, Chief Secretary directed the officers to bring down AT&C losses by less than 20 percent.

Source: ibtimes.co.in

J&K second in "power thefts" across India; politicians, bureaucrats biggest defaulters [details]

Published: March 17, 2023

Power connections of 1,146 influential and chronic defaulters including Ghulam Nabi Azad and J&K BJP president Ravinder Raina were disconnected for not paying the power tariff.

Source: ibtimes.co.in