"Power has been made costly deliberately. It is the most opaque sector. If you want to increase consumption of electricity then you have to reduce the tariff," the minister said on the sidelines of Power Ministers' conference.
India has a total installed power generation capacity of 280 GW as against a peak demand of 140 GW, he said observing that "people need power but they don't use it because they cannot pay".
On the missives to discoms supplying power in Delhi, Jain said, "If you have not made the investment then where did the money go. CAG has talked about siphoning of funds. They have pointed out about Rs 8,000 crore. It is presumed that if something is given to private sector then it will work. This is crony capitalism."
Jain had earlier pulled up BSES-run discoms owned by Anil Ambani-headed Reliance ADAG for "atrocious" performance and "unprecedented" power outages in Delhi.
In a letter to Ambani, the minister asked him to come down to the national capital next week for a meeting saying discoms supplying to nearly 70 per cent of the city have started "fudging" data to show improvement following stern warnings from the government.
BSES entities BRPL (BSES Rajdhani Power Limited) and BYPL (BSES Yamuna Power Limited) supply electricity to around 12 lakh and 16 lakh customers in Delhi.
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
