Meghalaya Power Minister Confident of Pulling MeECL Out of the Red, Trimming Losses
First Published: 13th September, 2024 11:32 IST
The Minister emphasized ongoing efforts to reduce losses and increase efficiency across various departments.
Meghalaya Power Minister AT Mondal has expressed confidence in reducing the huge losses that the Meghalaya Energy Corporation Limited (MeECL) has been incurring and making improvements in the state’s overall power sector.
The Minister emphasized on the ongoing efforts to reduce losses and increase efficiency across various departments.
He noted that significant improvements have been made as compared to the previous years.
“I am positive (about improving the performance of MeECL), and that is why we are working on it. There have been a lot of improvements compared to previous years,” said the Minister.
He also highlighted Chief Minister Conrad Sangma’s commitment to reforming the state’s power sector, specifically the three subsidiaries under MeECL which are – the Meghalaya Power Distribution Corporation Limited, Meghalaya Power Generation Corporation Limited and Meghalaya Transmission Corporation Limited.
Mondal acknowledged the challenges the department is facing, such as loans, borrowings, and outstanding dues, which have affected both distribution and generation systems.
“I am thankful to Chief Minister Conrad Sangma for his guidance and support. Without his guidance and support, it would not have been possible because the government is giving us all the resources that we require. Moreover, MeECL is working in a very professional way,” he added.
When questioned about the Comptroller and Auditor General (CAG) report, which identified significant losses within the power sector, the minister acknowledged the difficulties but remained hopeful about improvements.
“We are working on it. It is not an easy thing. Forget about our generation distribution and transmission companies. Even in other states, there are similar situations. There are lots of issues such as losses in distribution and outstanding dues from consumers. We are trying to see that losses are minimized and efficiency is increased, which will indirectly help our consumers,” Minister Mondal said.
Earlier, Chief Minister Conrad Sangma revealed that the MeECL is currently incurring a huge loss of Rs 350 crore per year.
The Chief Minister said that the state government is actively exploring all available options to address the financial challenges of MeECL, including reviewing the corporation’s operational courses. But whatever the government decides will be with the knowledge and overall consensus of all stakeholders.
Also Read: Meghalaya to Roll Out Smart Meters for Electricity Consumption, Urges Consumers’ Cooperation
Also Watch:
COMMENTS
TOPMOST STORY NOW
Live Assam: Inquiry Commission Probing Gorukhuti Eviction Violence Submits 319 Page Report With 16 Recommendations
21st October 2024Live Deepika Kumari Secures Silver, Her 6th Medal at Archery World Cup Final
21st October 2024Live Sikkim By-Polls 2024: SKM Candidates Aditya Golay and Satish Chandra Rai Files Nominations
21st October 2024Live India, China arrive at Border Patrolling Pact Along LAC in Ladakh
21st October 2024WE RECOMMEND
Shillong Airport Expansion: A Game Changer for Tourism, Says Minister Paul Lyngdoh
Lyngdoh stated that the expansion will lessen the state's dependence on road connectivity and transportation.
18th October 2024A Day After SC Upholds Sec 6 A, Meghalaya’s HYC Demands ILP
A day after the Supreme Court upheld the legal and constitutional validity of Section 6 A of the Citizenship Act, the Hynniewtrep Youth Council (HYC) of Meghalaya expressed concerns regarding the potential influx of illegal immigrants from Assam into Meghalaya following the judgment. Roy Kupar Synrem, president of HYC emphasized the need for laws similar […]
18th October 2024Meghalaya Minister Paul Lyngdoh Blames Manipur Unrest for Rising Drug Trafficking in Meghalaya
Minister Lyngdoh announced plans to visit New Delhi to brief the central government on the severity of the issue.
18th October 2024M’laya: Now 200-year Old Gurdwara Threatens to Stall Harijan Colony Relocation
The government is planning to relocate 342 families from the area, but the HPC is awaiting an official response.
17th October 2024Vice President Jagdeep Dhankhar Lays Foundation For Meghalaya Skill And Innovation Hub to be Built at Rs 76.5 Cr, Mentions DGP Idashisha Nongrang in His Address
Meghalaya Skill and Innovation Hub will be constructed on 6.54 acres in New Shillong at the cost of Rs. 77.5 Cr.
16th October 2024