PM Modi reviews power sector, says state-specific solutions needed4Photo© timesofindia.indiatimes.com

PM Modi reviews power sector, says state-specific solutions needed

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New Delhi, May 28: Prime Minister Narendra Modi emphasised on the need to enhance consumer satisfaction while increasing operational efficiency and improving financial sustainability of the power sector. Reviewing the work of Power, and New and Renewable Energy ministries, PM Modi pointed out that the problems in the power sector, especially of electricity distribution segment, vary across regions and states.

"Instead of looking for a one-size-fits-all solution, the ministry should put in place state-specific solutions to incentivise each state to improve its performance," an official statement issued on Thursday said. During the review, policy initiatives including revised tariff policy and the Electricity (Amendment) Bill 2020 to redress the problems afflicting the power sector were also discussed.

The Prime Minister emphasised on the need to enhance consumer satisfaction, while increasing operational efficiency and improving financial sustainability of the power sector, the statement read.