Centre has asked States to offer power to the industries at fixed rates to attract investment. This was stated by Power Minister Piyush Goyal in the Lok Sabha. He said, energy shortage at all India level has been reduced to 0.9 per cent till last month. He said, according to information reported by States to Central Electricity Authority, it was reduced to 2.1 per cent during the year 2015-16 which is the lowest in last two decades. Mr Goyal said, it has been observed that demand-supply gap exists in the States and Union Territories despite availability of adequate power in the country. He said, the reasons for this demand-supply gap are sub-transmission and distribution constraints, high Aggregate Technical and Commercial losses and poor financial condition of State Distribution Utilities. Mr Goyal said, the government has taken several steps to promote energy conservation, energy efficiency and other demand side management measures.
News On AIR | July 29, 2016 8:15 AM
Offer fixed rates power to industries to attract investment:Centre to States