Wednesday, April 28, 2010

India's power loss at Rs 45,000 cr

The Planning Commission today said that losses in transmission and distribution (T&D) in power sector would exceed Rs 45,000 crore for the fiscal ended March 31, 2010.
"T&D losses in 2009-10 would exceed Rs 45,000 crore. Unless tariffs are raised, losses in 2010-11 may be Rs 68,000 crore," Planning Commission Deputy Chairman Montek Singh Ahluwalia said here during a conference on power.

Srikanth Nyshadham +91-98665-06729
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