Uttar Pradesh govt allots Rs 1,000 cr to power sector
POWER & RENEWABLE ENERGY

Uttar Pradesh govt allots Rs 1,000 cr to power sector

The Uttar Pradesh government has allocated Rs 1,000 crore in budgetary support to the power sector, promising round-the-clock power supply throughout the state, including rural areas, in the run-up to assembly elections.

The allocation for the power sector was nearly 12% of the total supplementary budget of Rs 8,479 crore presented on the second day of the UP assembly's short winter session.

Finance Minister Suresh Kumar Khanna announced the allocation, and said that an additional sum of Rs 185 crore has been provided for household electrification.

The budgetary allocation, according to official sources, will assist the financially ailing UP Power Corporation Limited (UPPCL) in reinforcing the existing electricity distribution infrastructure.

While the official power supply schedule for villages calls for an 18-hour supply, the actual supply has been dwindling due to repeated outages caused by poor infrastructure.

This, according to official sources, must be considered when planning a 24-hour power supply.

The corporation is facing massive financial losses of Rs 90,000 crore, which have accrued over time as a result of sluggish revenue recovery and power theft.

The state government had devised the One-Time Settlement (OTS) scheme, which included a waiver for consumers who were behind on their payments and had reached out to approximately 30 lakh people.

Experts said that the move will enable the BJP to portray itself as committed to improving power infrastructure, which has long been a source of contention for previous governments.

The state government signed an MoU with the Centre for a 24-hour power supply in the state shortly after taking power in 2017.

The state government has also launched a massive electrification drive under the Centre's flagship Saubhagya Scheme, as well as improving rural and urban power infrastructure through the Deen Dayal Upadhyay Rural Electrification Scheme (DDURES) and Integrated Power Development Scheme (IPS), respectively.

Under the current regime, the Saubhagya Scheme has electrified nearly 1.4 crore households, bringing the total number of consumers to nearly four crores. This has increased power demand, which has reached a peak of over 25,000 MW per day.

A government spokesperson told the media that around 7,786 km of 33 KV lines have been installed in the state, and the state government has begun night patrolling so that technical issues can be resolved quickly at the local level.

Image Source

The Uttar Pradesh government has allocated Rs 1,000 crore in budgetary support to the power sector, promising round-the-clock power supply throughout the state, including rural areas, in the run-up to assembly elections. The allocation for the power sector was nearly 12% of the total supplementary budget of Rs 8,479 crore presented on the second day of the UP assembly's short winter session. Finance Minister Suresh Kumar Khanna announced the allocation, and said that an additional sum of Rs 185 crore has been provided for household electrification. The budgetary allocation, according to official sources, will assist the financially ailing UP Power Corporation Limited (UPPCL) in reinforcing the existing electricity distribution infrastructure. While the official power supply schedule for villages calls for an 18-hour supply, the actual supply has been dwindling due to repeated outages caused by poor infrastructure. This, according to official sources, must be considered when planning a 24-hour power supply. The corporation is facing massive financial losses of Rs 90,000 crore, which have accrued over time as a result of sluggish revenue recovery and power theft. The state government had devised the One-Time Settlement (OTS) scheme, which included a waiver for consumers who were behind on their payments and had reached out to approximately 30 lakh people. Experts said that the move will enable the BJP to portray itself as committed to improving power infrastructure, which has long been a source of contention for previous governments. The state government signed an MoU with the Centre for a 24-hour power supply in the state shortly after taking power in 2017. The state government has also launched a massive electrification drive under the Centre's flagship Saubhagya Scheme, as well as improving rural and urban power infrastructure through the Deen Dayal Upadhyay Rural Electrification Scheme (DDURES) and Integrated Power Development Scheme (IPS), respectively. Under the current regime, the Saubhagya Scheme has electrified nearly 1.4 crore households, bringing the total number of consumers to nearly four crores. This has increased power demand, which has reached a peak of over 25,000 MW per day. A government spokesperson told the media that around 7,786 km of 33 KV lines have been installed in the state, and the state government has begun night patrolling so that technical issues can be resolved quickly at the local level. Image Source

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?