– Minister RK Singh warns power companies of penalties for defaults, labels load shedding as an insult to the people.
– Emphasizes the need to add capacity, sign Power Purchase Agreements (PPAs), and ensure resource adequacy for uninterrupted power supply.
– Acknowledges improvement in billing efficiency but highlights stagnant collection efficiency at 92.7%.
– Reviews the progress in the power sector, noting increased daily availability of power in rural and urban areas, reduced energy shortage, and decreased AT&C losses.
– Despite advancements, Singh points out concerns like the ACS-ARR gap increase and occasional load shedding, aiming to make load shedding history.
Originally published on Saur Energy