The Assam government is charting a roadmap to transform the state from an energy dependent to an energy-surplus state besides spearheading a transition towards clean energy.
Assam Chief Minister Himanta Biswa Sarma on Tuesday chaired a detailed meeting in this regard with key stakeholders from the power sector.
“We are charting an ambitious roadmap towards achieving a reliable and affordable supply of power, building healthy utility companies and spearheading a transition towards clean energy,” the Chief Minister said.
“To meet these targets, we have decided to list two power utilities – Assam Electricity Grid Corporation Limited (AEGCL) and Assam Gas Company Limited (AGCL) – on the stock exchange, which will help them access India’s vibrant capital markets,” he said.
Assam already has a lower than national average of transmission and distribution losses at 13 percent.
“Our aim is to bring it down to 8 percent over the next few years,” Sarma said, asserting that the state government will be zero tolerant on power theft.
The Chief Minister said the plan, moving ahead. would be to explore ways to improve the state’s overall pump storage projects capacity, which would eventually help balance the grid.
He further informed that implementation of all ongoing power projects would be expedited.
