According to sources, the Bihar Government is planning to invest around Rs. 28,000 Crores to strengthen the state power sector in the next five years.
Out of the proposed amount
- Rs. 10,000 Crores will be used to improve the depreciated power infrastructures related to transmission & distribution of electricity.
- The balance amount will be used to connect all of every village in Bihar with electricity in next couple of years and to improve generation in the state.
Currently, Bihar is having highest highest Transmission & Distribution Losses in the country. As per the government data, the state loses almost half of its power even before it reaches to the consumers. The Government is planning to bring down these losses to 10 percent in next five years. For that purpose, the state government has recently signed an MoU with the Power Grid Corporation of India with an aim to revamp its transmission network.
It has also decided to give the distribution network of almost 70 towns in the state in the private hands to improve its revenue collection.
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