New Delhi: Union Power Minister RK Singh on Tuesday said that 24×7 quality, reliable and affordable power supply to all electricity consumers in the country is essential for making India a developed nation. He also emphasized on the importance of a viable and modern power sector for the overall economic development of the country.
Singh was chairing the Review Planning and Monitoring (RPM) meeting with states and state power utilities, the power ministry said in a statement.
It was highlighted that most of the power distribution companies (DISCOMs) have implemented the reform measures prescribed by the Ministry of Power under its various initiatives such as the Revised Distribution Sector Scheme (RDSS), additional prudential norms and late payment surcharge (LPS) regulations. started. 2022.
He said that the late payment surcharge rules 2022 notified by the ministry in June 2022 have benefited the discoms and gencos.
The minister also stressed on the importance of correct subsidy accounting. He reiterated that smart prepaid metering is the only solution to address the issues of delayed billing and inadequate payments.
During the meeting, he launched the RDSS module of the Integrated Web Portal for schemes in the power distribution sector. The portal will revolutionize the monitoring of all schemes in the distribution sector. The platform will provide real-time updates and insights to enable transparency and efficiency in the implementation of power distribution schemes including RDSS.
The Minister also launched the 11th Integrated Rating of Power Distribution Utilities – 2022, 2nd Consumer Service Rating of Discoms – 2022 and State Energy Efficiency Index – 2022.
”The composite rating of 24 DISCOMs has improved from last year’s rating. Four DISCOMs, namely MESCOM, CHESCOM and GESCOM and AP Eastern DISCOM have shown significant improvement by 3 points. Besides this, 8 DISCOMs viz. MSEDCL, APDCL, Ajmer, KSEB, HESCOM, BESCOM, Odisha South and Odisha North discoms have improved their ratings by 2 notches,” the power ministry said.
catch all Industry News, banking news And updates on Live Mint. download mint news app to receive daily market update,