Study on finances of Tangedco

In an effort to deal with the extreme monetary disaster suffered by the Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) and the Tamil Nadu Transmission Corporation Limited (Tantransco) on account of “mismanagement” within the current years, the federal government will perform an in depth strategic research of the finances and governance construction of these our bodies, Governor Banwarilal Purohit mentioned on Monday.

“Power generation capacity will be added through the speedy execution of long-pending power projects, and by promoting renewable energy, including the re-energisation of old and inefficient windmills. Renewed emphasis will be placed on the conservation of energy and reduction of distribution losses by using modern technology and microgrids,” he mentioned.

One of the foremost goals of the State is to make sure uninterrupted energy provide to all classes of electrical energy shoppers within the State, he added.