{"id":436665,"date":"2021-09-17T11:30:47","date_gmt":"2021-09-17T06:00:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=436665"},"modified":"2021-09-17T13:33:47","modified_gmt":"2021-09-17T08:03:47","slug":"maharashtra-reduce-power-arrears-purchase-costs-distribution-losses-to-improve-finances-says-msedcl-md-vijay-singhal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/maharashtra-reduce-power-arrears-purchase-costs-distribution-losses-to-improve-finances-says-msedcl-md-vijay-singhal\/","title":{"rendered":"Maharashtra: Reduce power arrears, purchase costs, distribution losses to improve finances, says MSEDCL MD Vijay Singhal"},"content":{"rendered":"<p>MUMBAI: &#8220;Reducing electricity bill arrears, power purchase costs and power distribution losses should be our three-pronged approach to improve finances at Maharashtra State Electricity Distribution Company Limited (MSEDCL) and curtail huge losses faced by it lately,&#8221; said managing director Vijay Singhal at an event at Prakashgad, the power firm&#8217;s headquarters, in Bandra on Wednesday. <\/p>\n<p>His statement came on the heels of a review meeting chaired by chief minister Uddhav Thackeray and attended by a dozen cabinet ministers a day earlier to find a solution to the ever-mounting losses of MSEDCL. <\/p>\n<p>The power firm&#8217;s financial crisis has deepened with its cumulative arrears due to non-payment of bills surging to Rs 73,879 crore and debt rising to Rs 45,440 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: &#8220;Reducing electricity bill arrears, power purchase costs and power distribution losses should be our three-pronged approach to improve finances at Maharashtra State Electricity Distribution Company Limited (MSEDCL) and curtail huge losses faced by it lately,&#8221; said managing director Vijay Singhal at an event at Prakashgad, the power firm&#8217;s headquarters, in Bandra on Wednesday. His statement came on the heels of a review meeting chaired by chief minister Uddhav Thackeray and attended by a dozen cabinet ministers a day earlier to find a solution to the ever-mounting losses of MSEDCL. The power firm&#8217;s financial crisis has deepened with its cumulative [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-436665","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=436665"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436665\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=436665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=436665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=436665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}