PM Modi urges states to clear dues of Rs 75,000 crore to power sector companies | India News

NEW DELHI: Prime Minister Narendra Modi on Saturday asked the state governments to remove the charges of companies in the electricity sector estimated at Rs 2.5 lakh. The Prime Minister regrets that the state governments have not yet cleared their pledges to subsidize up to Rs 75,000 crore to power companies.
About Rs 2.5 lakh of companies involved in electricity generation and distribution are stuck, he said while speaking at the closing function of ‘Ujjwal Bharat Ujjwal Bhavishya Event – Power @ 2047′.
Recalling the days of power shortage, the Prime Minister said that in the past 8 years, about 1,70,000 MW of electricity generation capacity has been added. He said, power is necessary for the development of the nation, adding that the country needs “Rashtraneeti‘ and not ‘Rajneeti“.
He added, India is among the top 4-5 countries in the world in terms of solar installed capacity and also has one of the largest solar plants in the world.
Previously, the Prime Minister laid the foundation stone 735 MW Nokh Solar project in Rajasthan, Green Hydrogen Mobility Project in Leh and Kawas blue hydrogen mixture with natural gas project in Gujarat.
The plant in Leh will produce green hydrogen for vehicles.
Modi also launched the Improved Distribution Area Scheme and National solar energy portal on the terrace.

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