The Union Minister for Power Manohar Lal assured support for nine new schemes under the Power System Development Fund, with a total investment of ₹488 crore, aimed at enhancing the resilience of the power grid and ensuring reliable electricity supply across Telangana.
During a review meeting held with the Chief Minister of Telangana and state officials, the Minister emphasised the importance of the State Government liquidating its legacy Government department dues to be paid to DISCOMs as per the committed trajectory and for ensuring timely payment of current dues.
To assist this, Manohar Lal said that the Centre was committed to support the installation of smart meters in government offices under the Revamped Distribution Sector Scheme (RDSS).
Additionally, the proposal from Telangana under the planned distribution scheme would be considered on priority, he said adding an improvement in the rating of Distribution Companies (DISCOMs) would lead to a reduction in the cost of interest on debt, thereby benefiting the overall financial health of the power sector.
Furthermore, the Bureau of Energy Efficiency (BEE) and The Energy and Resources Institute (TERI) have signed a Memorandum of Understanding (MoU) to establish a Centre of Excellence in Energy Transition at TERI’s Institute of Energy in Hyderabad with ₹25 crore. This collaboration aims to foster advancements in energy efficiency and sustainable energy practices, said a release.