Rajasthan News

Power Corporation in Doom , State Aims for 6500 MW in 5 Years

by RajasthanDirect
Jul 15, 2014

Rajasthan State power companies are going through huge loss as the three power distribution companies in the state stood at Rs 75,000 crore as on March 31, Rajasthan. CM Vasundhra Raje said that the state is aiming to generate capacity addition of 6,500 MW power in next five years.

Three power companies of Rajasthan Jaipur Vidyut Vitran Nigam Ltd, Jodhpur Vidyut Vitran Nigam Ltd and Ajmer Vidyut Vitran Nigam Ltd due to transmission and distribution (T&D) losses are at great loss of Rs 75,000 crore.

The state government planned restructuring of short term loans, and distribution of power supply in some cities on PPP mode ensuring job security of the existing employees in DISCOMs, she said.

There would be plan of dis-investment of 10 per cent equity to Rajasthan Vidyut Utpadan Nigam Ltd and Rajasthan Vidyut Prasaran Nigam Ltd, she said, adding, a double ciruit power line of 400 KV would be constructed on 169 km in Bikaner-Sikar district line on PPP mode.

A new solar energy policy was in the offing and a programme for installation of 25,000 MW solar energy capacities in the state with an investment of around Rs 1.25 lakh crore was also planned in which the government would take equity up to 26 per cent in solar energy parks of 1,000 MW or more.

Src- http://www.business-standard.com/article/pti-stories/rajasthan-aims-6-500-mw-power-in-next-five-years-budget-114071401126_1.html

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