New Power Distribution Sector Scheme
While announcing the Union Budget for the year 2021-22, India's finance minister announced a dedicated budget for a revamped, reforms-based, and result-linked new power distribution sector scheme over five years.
This New Power Distribution Sector Scheme includes:
- Rs. 3.0758 trillion over 5 years for a revamped, reforms-based and result-linked new power distribution sector scheme
- 139 GW of installed capacity and 141,000 circuit km of transmission lines to be added, and 28 million households connected in the past six years
- Alternative choices for consumers to choose their Distribution Company for enhancing competitiveness
- A comprehensive National Hydrogen Energy Mission to be launched in 2021-22.
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