CHENNAI: The cancellation of scheduled trips due to shortage of crew to operate buses has resulted in the State Transport Undertakings in Tamil Nadu reporting a total revenue loss of Rs 495.27 crore from 2017-18 to 2021-22. A report of the office of Comptroller and Auditor General tabled in the Assembly on Tuesday, however, revealed that hundreds of bus drivers …
The Uttar Pradesh Power Transmission Corporation Ltd, a government-owned transmission utility, will now upgrade its network across the state to handle an ever-increasing power demand that is anticipated to peak to 43,778 MW by 2028-29. UPERC nod to STU’s 5-yr plan to increase capacity The UP Electricity Regulatory Commission has granted approval to the state transmission utility’s five-year plan seeking …
The White Paper has highlighted the mismanagement of the finances of the State Transport Undertakings that have been weighed down by an outstanding debt of nearly ₹40,000 crore. The eight STUs have been leaking money, with their total outstanding debt of ₹39,883 crore being the second highest after that of the Tamil Nadu Generation and Distribution Corporation. The operation of …
