The net income of the company stood at Rs 4,350 crore in Q3 FY24 as against Rs 3,573 crore in Q3 FY23, registering a jump of 21 per cent
Sources said REC will be made the nodal agency for the scheme to spread its reach across the country and plug the inefficiencies
Under Saubhagya, the Centre provided 60 per cent of the project finance to states for giving connections to rural households, and the rest was borne by states
The power ministry on Saturday said that as many as 2.82 crore families got electricity connection under the flagship Saubhagya scheme.
The number of un-electrified households stood at 320,422 till August-end this year under the Saubhagya Scheme, which is meant for achieving 100% universal electrification of homes in the country
This segment wants to disassociate itself from the power sector
Off grid systems are not connected to the mainline power network. They generate and distribute electricity locally
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Vast networking programmes are overshadowing traditional infrastructure projects
In Q1FY20, sales growth of transformers fell 7%, transmission lines 8%, capacitors by 29%
City Gas Distribution now complements the massive utilities delivery networking infrastructure sweeping across India
The study bares Saubhagya's overarching focus on household electrification, perhaps unintentionally prioritizing 'ghar' over 'dukan'
Some states such as Gujarat, Goa, Andhra Pradesh, Tamil Nadu, Kerala and Punjab and the Union Territories are already 100 per cent electrified
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The government has planned installation of more and more pre-paid meters
Why the government's intention to supply all households in the country with 24x7 power by March 2019 appears ambitious
Odisha would flag the demand to make the scheme easier for states to execute at the upcoming Power Ministers conference scheduled on December 7 in New Delhi.
The 'Saubhagya' scheme is expected to electrify all willing households, as substitution for kerosene, while bringing about improvement in education, health services, communication and public safety
Connecting 4 cr left-out families under Saubhagya will increase the electricity requirement by 28,000 MW or 80,000 mn units in a year
Rural and urban electrification saw impetus, name change and budgetary boost in the first Union Budget of the government in 2014