Maharashtra: Govt to spend Rs 2,500 crore on power infra development
The state energy department is set to spend Rs 2,500 crore per annum on infrastructure development of state-owned power distribution company Maharashtra State Electricity Distribution Company Limited (Mahavitaran). The decision is necessary to boost industrial development, Energy Minister Nitin Raut said on Friday.
Of the Rs 2,500 crore, around Rs 1,500 crore will be set aside for energisation of agriculture pumps and Rs 1,000 crore for strengthening infrastructure in industrial and urban areas.
This was decided in a meeting held between Raut and Mahavitaran officials on Thursday in Mumbai. The fund will be spent on infrastructure development, including erection of new sub-stations, installation of distribution transformers and construction of high-tension and low-tension wires.
