The northern state has also registered an improvement in terms of electricity coverage during 2001-2011, industry body Assocham said in a release today.
"Electricity coverage in Punjab registered an improvement of about five per cent--that is from 91.1 per cent in 2001 to 96.6 per cent in 2011," the study titled 'State-wise analysis of power sector: Consumption, demand & investment,' conducted by Assocham said.
While electricity coverage across India during the same period increased by about 11.5 per cent, that is from 55.8 per cent in 2001 to 67.3 per cent in 2011, it said.
Private sector accounted for over 75 per cent share in the total amount of new investments worth about Rs 38,000 crore attracted by Punjab during 2004-05 and 2012-13.
About 76 per cent of investment projects in the power sector attracted by Punjab were under implementation as of FY 2012-13, while about 57 per cent projects were under implementation as of FY 2004-05.
While on an average, power deficit in the country increased by about 1.4 per cent during the period mainly due to high growth in power demand as compared to that in power availability, the study said.
Considering that agriculture is the mainstay of Punjab's economy, the state is ranked third in terms of power consumption growth in agriculture sector thereby showcasing that Punjab is ahead in terms of agriculture infrastructure development, it further pointed out.
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
