Rajasthan CM Sharma flags power companies' debt burden of Rs 90,000 cr

He said the state has immense natural resources in the field of renewable energy

Bhajanlal Sharma, Rajasthan CM
He said self-reliance in energy production is very important to provide relief to the common people through various public welfare schemes | Photo: X @BhajanlalBjp
Press Trust of India Jaipur
2 min read Last Updated : Jan 09 2024 | 7:21 AM IST

Rajasthan Chief Minister Bhajan Lal Sharma on Monday said power companies in the state have a debt of about 90,000 crore and a large portion of the budget is going towards repaying this debt.

He said the state has immense natural resources in the field of renewable energy.

"With proper policy formulation and implementation in this area, the Energy Department can generate resources and employment on a large scale for the development and bright future of the state," Sharma said.

He said self-reliance in energy production is very important to provide relief to the common people through various public welfare schemes.

Sharma was addressing the review meeting of the Energy Department at the Chief Minister's Office on Monday.

He directed the officials to prepare a road map for the future keeping in mind the energy needs of the state. The focus of the department should be on giving real and concrete results instead of manipulation of data, he said.

The chief minister said it should be ensured that the common people get uninterrupted power supply at affordable rates. "This period is very important for the farmers for the rabi crop. They should get uninterrupted power supply," he said.

Sharma said the supply from Chhattisgarh-based coal mines, allotted to Rajasthan, was disrupted in the last few years due to various reasons. Now, with better coordination, the state will not have any problem in supplying coal, he said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*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

More From This Section

Topics :Bhajanlal SharmarajasthanRajasthan governmentpower companiesrenewable energy

First Published: Jan 09 2024 | 7:21 AM IST

Next Story