Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ Industry / Energy/  Saubhagya scheme: No free power for poor, only free connections, says govt
BackBack

Saubhagya scheme: No free power for poor, only free connections, says govt

The government says power will not be provided free of cost to any category of consumers under the Saubhagya scheme, launched by Prime Minister Narendra Modi on Monday

Prime Minister Narendra Modi launched the Saubhagya scheme to provide electricity connections to all 4 crore left-out families by December 2018. Photo: MintPremium
Prime Minister Narendra Modi launched the Saubhagya scheme to provide electricity connections to all 4 crore left-out families by December 2018. Photo: Mint

New Delhi: The government on Wednesday said power will not be provided free of cost to any category of consumers under the recently launched Saubhagya scheme, which aims to provide electricity to all.

However, under the scheme, the poor families will be provided electricity connections free of cost, said the frequently asked questions (FAQs) on the scheme released on Wednesday by the power ministry. According to the document, other families will pay Rs500 only, which shall be recovered by the distribution companies/power departments in 10 instalments along with electricity bills.

The Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) was launched by Prime Minister Narendra Modi on Monday with an ambition of providing electricity connections to all 4 crore left-out families by December 2018.

The document also explained that with the inclusion of 4 crore households in the electricity network, there will be requirement of additional power of about 28,000 MW, considering an average load of 1 KW per household and average uses of load for 8 hours in a day.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 27 Sep 2017, 06:18 PM IST
Next Story footLogo
Recommended For You
Energy Stocks
₹1,811.95-1.98%
₹169.05-0.06%
₹601.44.73%
₹91.17-1.83%
₹359.25-2.19%
Switch to the Mint app for fast and personalized news - Get App