Centre allocates ₹488 crore for power projects in Telangana, ET EnergyWorld


New Delhi: Union Power Minister Manohar Lal has announced support for nine new schemes under the Power System Development Fund, with a total investment of ₹488 crore, aimed at strengthening the resilience of Telangana’s power grid and ensuring reliable electricity supply across the state.

At a review meeting with Telangana Chief Minister and state officials, the Minister emphasized the need for the state government to liquidate legacy dues owed by government departments to distribution companies (DISCOMs) as per the committed trajectory and ensure timely payment of current dues.

He stated that the Government of India would support the installation of smart meters in government offices under the Revamped Distribution Sector Scheme (RDSS). Telangana’s proposal under the planned distribution scheme will also be considered on priority, he added.

The Minister highlighted that improving the rating of DISCOMs would lead to a reduction in the cost of interest on debt, benefiting the overall financial health of the power sector.

Separately, the Bureau of Energy Efficiency (BEE) and The Energy and Resources Institute (TERI) have signed a Memorandum of Understanding (MoU) to set up a Centre of Excellence in Energy Transition at TERI’s Institute of Energy in Hyderabad. The project, with an estimated cost of ₹25 crore, aims to advance energy efficiency and promote sustainable energy practices.

  • Published On Jan 25, 2025 at 08:38 AM IST

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