The Jammu and Kashmir Power Development Department (PDD) has collected Rs 1,294 crore as revenue from its consumers.
"In the first nine months of 2015-16, the Power Development Department has been able to realise revenue of Rs 1,294.36 crore only.
"The projected cumulative liability on account of power purchased is expected to go up to about Rs 7,000 crore by March 31 this year as against Rs 5,037.49 crore on March 31, 2015," an official spokesman said.
Officials further informed the Governor about the state government's 'in principle' consent for participating in the Ujjwal DISCOM Assistance Yojna (UDAY), launched by the Union Ministry of Power.
"Under this scheme, the state government is likely to be given a special dispensation to borrow Rs 2,140 crore to clear some of the provisional liabilities ending September, 2015," the spokesman said.
The Governor expressed concern over the huge gap between the power revenue and dues, and directed the officials to provide metered connections to minimise power thefts and ensure proper billing of the power consumed.
"These include two 630 MVA, 400/220 KV Grid substations at New Wanpoh in Kashmir and another at Samba. The Inter-state transmission system is also being strengthened by Jallandhar- Samba-Amargarh (Sopore) 400 KV Double Circuit Line along Mughal Road," the spokesman said.
With the implementation of the project, 400 KV state ring will become a reality and improve reliability of supply in both Jammu and Kashmir regions, he said.
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