Latest News | Raj CM Flags Power Companies' Debt Burden, Says Large Portion of Budget Being Spent in Repayment
Get latest articles and stories on Latest News at LatestLY. Rajasthan Chief Minister Bhajan Lal Sharma on Monday said power companies in the state have a debt of about 90,000 crore and a large portion of the budget is going towards repaying this debt.
Jaipur, Jan 8 (PTI) Rajasthan Chief Minister Bhajan Lal Sharma on Monday said power companies in the state have a debt of about 90,000 crore and a large portion of the budget is going towards repaying this debt.
He said the state has immense natural resources in the field of renewable energy.
"With proper policy formulation and implementation in this area, the Energy Department can generate resources and employment on a large scale for the development and bright future of the state," Sharma said.
He said self-reliance in energy production is very important to provide relief to the common people through various public welfare schemes.
Sharma was addressing the review meeting of the Energy Department at the Chief Minister's Office on Monday.
He directed the officials to prepare a road map for the future keeping in mind the energy needs of the state. The focus of the department should be on giving real and concrete results instead of manipulation of data, he said.
The chief minister said it should be ensured that the common people get uninterrupted power supply at affordable rates. "This period is very important for the farmers for the rabi crop. They should get uninterrupted power supply," he said.
Sharma said the supply from Chhattisgarh-based coal mines, allotted to Rajasthan, was disrupted in the last few years due to various reasons. Now, with better coordination, the state will not have any problem in supplying coal, he said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)