Karnataka Chief Minister Basavaraj Bommai said several steps are taken for the financial stability of the Energy Department by checking losses in power generation, transmission, and distribution.
The CM inaugurated the office buildings in Bengaluru Urban and Rural, Ramanagar, Chitradurga, Tumkur, Kolar, Chikballapur, and Davangere districts in the BESCOM limits, and laying the foundation for several programs here on Monday.
After the inauguration, he said, “Both the Energy and Transport Departments are in losses due to subsidies, and two committees have been constituted to suggest measures to strengthen them economically. Necessary steps will be initiated as per the reporters of the committees. Despite being a Rs 16,000 crore power subsidy, still, the ESCOMS are in losses.