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.
This story is from the December 24, 2024 edition of Financial Express Pune.
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This story is from the December 24, 2024 edition of Financial Express Pune.
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