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

Infrastructure Urban

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..