The government is planning to fine electricity distributors from April 2019 for avoidable power cuts and to make it mandatory for the companies to install prepaid or smart meters to prevent electricity theft.
In a bid to end the bane of power outages even at a time of surplus production, the government will bring in a law to penalise distribution companies in the event of their indulging in “gratuitous load-shedding”, Power Minister R.K. Singh said on Thursday.
Power and New & Renewable Energy Minister R K Singh today urged his states’ counterparts to bring electricity distribution losses below 15 per cent to ensure 24X7 power for all by 2019.
Power ministers of States and Union Territories will focus on the Saubhagya scheme to provide electricity to 4 crore families by 2018, when they meet for a two-day conference starting here tomorrow.
The government is looking at extending fixed cost recovery period of hydro projects to 30- 35 years, from 12 years at present, to bring the tariff down to as low as Rs 2 per unit, Power Minister R K Singh has said.
The new policy for d The new policy for development of hydropower will be ready for the Cabinet nod in a few days, according to the Minister of State (Independent Charge), R K Singh.evelopment of hydropower will be ready for the Cabinet nod in a few days, according to the Minister of State (Independent Charge), R K Singh.
Industry body Assocham has urged the Centre to fix Goods and Services Tax (GST)rate for hydropower at par with wind and solar so that value added cost and tax commensurate for all renewable power projects.
As part of the ongoing process to deal with the issue of massive stressed assets in the sector, Power Minister R.K. Singh met bankers here on Wednesday.
Power Minister R K Singh today said the hydro power policy is in the final leg and will soon be sent for the Cabinet approval.
Union minister of state for power R.K. Singh on Tuesday launched Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) with a target of giving power connections to all households in Manipur by December next year. The BJP-led government is aiming to supply power to 1.6 lakh households.