 "MSEDCL incurs Rs 5K cr losses in power and distribution thefts")
State-run Maharashtra Electricity Distribution Company Limited's (MSEDCL's) annual losses in distribution and power thefts stand at 14 per cent at Rs 5,000 crore, state energy minister Chandrashekhar Bawankule said here today.
"Energy Ministry is taking this seriously. The BJP-led government at Centre is bringing a new Act shortly which will check electricity thefts and other losses. Once implemented, this Act could help us save Rs 5000 crore," Bawankule said.
He was addressing a meeting of MLAs of all parties, which was also attended by the Leader of Opposition in Legislative Assembly Radhakrishna Vikhe Patil and top officials of MSEDCL. To a query, the minister said the state government was promoting the use of conventional energy. "We could save 54 per cent of power if people start using LED bulbs," he said.
"Energy Ministry is taking this seriously. The BJP-led government at Centre is bringing a new Act shortly which will check electricity thefts and other losses. Once implemented, this Act could help us save Rs 5000 crore," Bawankule said.
He was addressing a meeting of MLAs of all parties, which was also attended by the Leader of Opposition in Legislative Assembly Radhakrishna Vikhe Patil and top officials of MSEDCL. To a query, the minister said the state government was promoting the use of conventional energy. "We could save 54 per cent of power if people start using LED bulbs," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%