Modi urges states to expedite clearing power dues

02 Aug 2022 CW Team

Prime Minister Narendra Modi urged states to pay off power sector dues worth an estimated Rs 2.5 lakh crore, ruing the politics that has landed the sector in trouble in many states. “It is not the time for politics, it is time for a national policy,” Modi said in his message to states against the politicisation of the power distribution sector.

“In politics, people should have the courage, to tell the truth, but we see that some states try to avoid it. This thought process has pushed the power sector in many states into huge problems.”

The Prime Minister, who was launching a revamped power sector distribution scheme, said states owe about Rs 1 lakh crore to generation companies while state departments and local bodies have dues of Rs 60,000 crore to distribution companies. Subsidy payment arrears exceed Rs 76,000 crore, taking the total sector dues to about Rs 2.5 lakh crore.

“Companies responsible for activities ranging from the generation of electricity to its delivery have about Rs 2.5 lakh crore of money which is stuck,” Modi said, calling on states with dues to clear them as soon as possible. Modi said distribution sector losses in India are in double digits compared with single digits in developed countries.

Also read:
New sub-stations are to be established by MSEDCL

Real Estate

13 Jan 2026

ANAROCK Launches Project Management And Engineering Arm

ANAROCK has announced the strategic launch of its Project Management & Engineering Services (PMES) vertical, marking a major expansion of its real estate capabilities. The move positions the company as a comprehensive, one-stop solutions provider offering seamless project delivery from concept to completion. The PMES vertical has commenced operations with more than 500 professionals and 42 active client contracts. It is expected to generate over Rs 1.25 billion in revenue in FY 2026–27, contributing significantly to ANAROCK’s group-wide revenue target of Rs 11 billion. The company has out..

Seequent To Showcase Geoscience Tech At FMF 2026

Seequent will participate in the fifth edition of the Future Minerals Forum, scheduled to take place in Riyadh from 13 to 15 January 2026. The company will present its geoscience technologies, underscoring its role in advancing data-driven mineral exploration in Saudi Arabia and engaging with industry leaders on the future of the regional mining sector. The participation aligns with Seequent’s commitment to supporting the objectives of Saudi Vision 2030 and highlights its involvement in major mining projects across the Kingdom. Visitors will be able to explore Seequent’s integrated suite ..

Maruti Suzuki, Indian Oil Tie Up For Service At Fuel Stations

Maruti Suzuki India Limited has signed a memorandum of understanding with Indian Oil Corporation Limited to establish vehicle service facilities at select Indian Oil fuel retail outlets across the country. The partnership aims to make car servicing more convenient by offering maintenance support at locations frequently visited by customers. Under the initiative, customers will be able to access routine maintenance, minor repairs and select major services at these facilities. The move is expected to further strengthen Maruti Suzuki’s after-sales footprint, which already includes more than 5,..