Maharashtra cabinet nod to ₹45,000 crore revamp for power infrastructure – EQ Mag Pro
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MUMBAI: The Maharashtra cabinet has approved a Rs 45,000-crore scheme to revamp the entire electricity distribution network of the state. The project has three parts – upgrading distribution infrastructure, installing smart meters and digitalising the distribution system.
The state government will implement the project under the central government’s Revamped Distribution Sector Scheme (RDSS), under which 60% of the project cost will be borne by the Centre. The scheme will be executed by two electricity distribution companies – MSEDCL and BEST – at a cost of Rs 39,602 crore and 3,461 crore, respectively. Officials said MSEDCL plans to install nearly 1.6 crore smart metres on all connections barring agricultural consumers.
“The aim is to reduce aggregate technical and commercial losses. We also want to improve operational efficiency and financial sustainability of the distribution companies,” said an official from the energy department. The deadline for the project is 2024-25.
Source: PTI
