New Delhi: The Centre is considering a Rs 37,000-crore scheme to fund new overhead electricity distribution cabling infrastructureNSE 0.31 % in states for prevention of rampant power theft.
According to estimates, India loses about Rs 8,500 crore a year on account of aggregate technical and commercial losses (AT&C). Technical losses are contingent upon network condition and wastage due to heat dissipation in distribution of electricity while commercial losses are on account of non-billing, lack of collection, pilferage and theft.