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.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 24, 2024 edition of Financial Express Pune.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MRF: Crude prices, Re slide driving surge in tyre prices
RISING CRUDE OIL prices and a depreciating rupee are driving up tyre costs, according to Arun Mammen, vice chairman and managing director of MRF.
Top realtors steer clear of affordable housing
LIMITED INCENTIVES FOR private players create barriers to scaling affordable projects, Signature's Aggarwal said.
Trump Holds Victory Rally Ahead of Inauguration
Mukesh, wife Nita to attend the event
Skilling shouldn't be on a budget
● Focus on women, migrant workers, infrastructure
India Leads in Disaster Management, Says Shah
BACKED BY RESILIENT infrastructure in the area of disaster management, India has emerged as a global leader in the sector by adopting a 'zero casualty' goal during calamities, Union home minister Amit Shah said on Sunday.
Hindenburg founder faces scrutiny
NATE ANDERSON, 'ACTIVIST', short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario.
MBA Isn't At Risk; It's In Transition
Rekha Sethi, the director general of the All India Management Association (AIMA) – the apex body for management profession in India – is of the opinion that despite poor placements at business schools last year, the MBA degree isn't at risk. \"It's in transition,\" she says.
A Bigger Playing Field
The male consumer has evolved, so it's time for Smart and Handsome to flex
A big display for entertainment
A budget phone that provides a hasslefree experience
Trade Partner Or Adversary?
India must think beyond China-Plus-One strategy as the world trade order is rapidly changing
