The government has asked states to stop accepting electricity bill payments in cash and move to digital mode, a move that can be a giant leap towards a cashless economy as power worth lakhs of crore is consumed every year.
The Union power ministry has told state distribution companies to introduce and strengthen online and digital payment mechanism, to begin with in urban areas and gradually to all electricity consumers, power secretary PK Pujari told ET.
“The main money collection in the power sector is through distribution companies. We have asked the states to take measures so that consumers pay through e-payments as
The power ministry will deliberate on ways to promote cashless electricity bills payment in a meeting this week. Power, coal, renewable energy and mines minister Piyush Goyal is scheduled to meet power ministers of all states in Delhi in a two-day conference on Wednesday.
The move towards e-payment of electricity bills is in sync with recommendations of the committee of chief .. Read more
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