Guwahati, 29th July: Chief Minister Himanta Biswa Sarma announced that Assam’s three power companies, which were loss-making until three years ago, are now among the best-performing state-owned utilities in the country.
Speaking at an event, CM Sarma said, “Until three years ago, our power utilities were heavily dependent on government subsidies. We had to divert funds reserved for medicines and school students to ensure these companies could buy electricity and pay their employees. Over the last three years, through dedicated efforts, our power companies have transitioned to profit-earning entities. Today, APDCL, AEGCL, and others are recognized as some of the best power companies in the nation.”
The chief minister also highlighted the successful implementation of the PM-Surya Ghar Muft Bijli Yojana in Assam, under which a total capacity of 1,073 kW has been installed across 311 households. With strong support from the Interim Budget 2024 and Union Budget 2024, a significant number of homes are expected to adopt this scheme.
To ensure affordability, the government plans to provide substantial subsidies directly to people’s bank accounts and offer highly concessional bank loans. PM Modi emphasized that citizens would not bear any cost burden. The scheme will integrate all stakeholders through a National Online Portal.
Urban local bodies and panchayats will receive incentives for promoting rooftop solar systems in their respective areas. Modi highlighted that this initiative would contribute to increased income, reduced power bills, and employment generation.
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