News Karnataka
Sunday, November 27 2022
Bengaluru

Bengaluru: ‘Rs 500 Crore saved by shifting power to Punjab’

Sunil Kumar
Photo Credit : IANS

Bengaluru: The State Government has saved Rs. 500 Crore by shifting its power from the Kudgi plant to Punjab, said Energy Minister V. Sunil Kumar on Saturday July 9.

Following the Central Government’s approval, he stated in a series of tweets that the transfer of power had been successfully completed over the past 20 days in under the National Resources Exchange Agreement Policy.

Energy Department transferred the power allocated to the State from Kudgi Power Plant to the State of Punjab, which resulted in savings of almost Rs. 500 Crore in fixed tariff, said Kumar.

He said thhat the Energy Department had written to the Centre requesting that it allow the State to exchange its share of power from the Kudgi Power Plant with other States since it had predicted that the power allocated to it from the plant would be redundant during the Karnataka monsoon.

He claimed that the State had to bear the expense of the fixed generation tariff unnecessarily because issues like this one were not a priority for the previous State Government.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp