All households in the country will be electrified before August 15, 2022 and all villages before May next year, the Lok Sabha was informed on Thursday.
Power minister Piyush Goyal said the government has set a deadline of August 15, 2022 for electrification of all households in the country and May 2018 for the electrification of all villages.
Goyal said he was happy to announce that the government will complete the task much before the deadlines set. The minister said during Question Hour that the accumulated loss of DISCOMs has increased from Rs 2,53,700 crore in 2012-13 to Rs 3,60,736 crore in 2014-15. As per the ‘Report on Performance of State Power Utilities’ published by Power Finance Corporation Limited (PFC), the accumulated losses and outstanding debt of DISCOMs have increased from Rs 2,53,700 crore and Rs 3,04,228 crore respectively from 2012-13 to Rs 3,60,736 crore and Rs 4,06,825 crore respectively in 2014-15.
“I am hopeful that we will improve the situation with the help of the state governments,” he said. However, since launch of Ujwal DISCOM Assurance Yojana (UDAY) in November 2015, the participating states have provisionally reported reduction in annual losses by approximately Rs 11,000 crore from 2015-16 to 2016-17, he said.
Latest posts by Team EnergyInfraPost (see all)
- PM To Dedicate 60 MW Tuitial Hydroelectric Power Project In Mizoram To The Nation Tomorrow – December 15, 2017
- BHEL Bags Rs.7,300 Crore EPC Contract For 1,320 MW Supercritical Power Project In Tamil Nadu – December 15, 2017
- Essar Energy Disburses INR 891 Crore (Inr 76.41/share) To Erstwhile Public Shareholders Of Essar Oil As Additional Payout – December 12, 2017