Discoms to miss target to cut AT&C losses again
Financial Express Ahmedabad|December 24, 2024
DESPITE A SIGNIFICANT reduction in the national aggregate technical & commercial (AT&C) losses of electricity from 27.8% in 2008-09 to 15.37% in 2023, several states continue to report high losses over the past five years.
ARUNIMA BHARADWAJ

This may hamper the reduction of losses to 12-15% as targeted by FY25, according to a report by the Lok Sabha's standing committee on power ministry.

The committee highlighted that states such as Jharkhand, Maharashtra, Mizoram and Telangana have experienced an increase in AT&C losses over the last five years. Additionally, Arunachal Pradesh, Chhattisgarh, Gujarat (Uttar Gujarat Vij and Paschim Gujarat Vij), Jharkhand, Madhya Pradesh (MPWest), Maharashtra (MSEDCL), Mizoram, Nagaland, Puducherry, Sikkim and Tripura have reduced their losses, but were not able to meet the 2023 targets for AT&C losses.

"The committee feels that the increase in AT&C losses in states like Maharashtra and Telangana is a cause for concern as this trend may hamper the reduction of AT&C losses in the country to the level of 12-15% by the stipulated date," the report stated.

Denne historien er fra December 24, 2024-utgaven av Financial Express Ahmedabad.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 24, 2024-utgaven av Financial Express Ahmedabad.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FINANCIAL EXPRESS AHMEDABADSe alt
Financial Express Ahmedabad

Smart Cities Mission: School enrolment up 22%

STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.

time-read
1 min  |
December 28, 2024
Financial Express Ahmedabad

South steals the spotlight

Hits from Hindi film industry in post-Covid era have been fewer and far between

time-read
3 mins  |
December 28, 2024
Financial Express Ahmedabad

Does India want BGT win or Rohit back in form?

THE GREAT GAMBLE didn't come off. The opening didn't need any fixing; Rohit Sharma's batting did. But the most bewildering event was not that Rohit opened but the way he went about it.

time-read
2 mins  |
December 28, 2024
Financial Express Ahmedabad

Jewellery units lose sheen on weak Rupee

THE DEMAND IN east Asia, however, has been tepid.

time-read
1 min  |
December 28, 2024
Financial Express Ahmedabad

UltraTech to buy stake in Star Cement

BOTH THE PLAYERS are snapping up small cement players to consolidate their positions and achieve their targeted growth ahead of time.

time-read
1 min  |
December 28, 2024
Financial Express Ahmedabad

Byju Raveendran: From boom to bust

BY EARLY 2024, these issues culminated in severe consequences.

time-read
1 min  |
December 28, 2024
Financial Express Ahmedabad

IIFL Home Finance expects 15% AUM growth in FY25

NET INTEREST MARGIN MAY GO DOWN BY 10-20 BASIS POINTS

time-read
2 mins  |
December 28, 2024
Financial Express Ahmedabad

Richard Parsons, who rescued Time Warner, Citigroup, dies

RICHARD PARSONS, THE executive dubbed \"Captain Emergency\" for his record of stabilizing ailing companies such as AOL Time Warner, Citigroup and Dime Savings Bank of New York, has died. He was 76.

time-read
2 mins  |
December 28, 2024
Financial Express Ahmedabad

Russia warns Trump against resumption of nuclear testing

RUSSIA'S POINT MAN for arms control cautioned Donald Trump's incoming administration on Friday against resuming nuclear testing, saying Moscow would keep its own options open amid what he said was Washington's \"extremely hostile\" stance.

time-read
1 min  |
December 28, 2024
Financial Express Ahmedabad

Nissan shares decline most since August

NISSAN MOTOR'S SHARES declined the most since August's market rout, amid volatility as investor focus shifts to the terms of the carmaker's planned deal with Honda Motors.

time-read
1 min  |
December 28, 2024