Union Minister R K Singh has urged states to be financially viable in view of the mounting outstanding dues of power generation companies. This will help attract investments in the power sector and also benefit the consumers through reduced cost of electricity and improved consumer services, he said.
The suggestion came on Friday during a review meeting chaired by Singh with Additional Chief Secretaries and Principal Secretaries of Power/Energy Departments of states and UTs and CMDs/MDs of power sector CPSUs.
Minister of State for Power Krishan Pal Gurjar and Minister of State for New and Renewable Energy Bhagwant Khuba were also present in the meeting with senior officials from both the ministries.