Jharkhand State Electricity Board
Encyclopedia
Jharkhand State Electricity Board is an India
n governmental body responsible for generation and distribution of power in the state of Jharkhand
.
It suffers a loss of more than Rs 1,000 crore (USD 200mn) every year.
In 2011, it was revealed that in the last ten years, as much as Rs 80 crores in outstanding dues to various units had been waived off. For example, ex-Chief Minister Madhu Koda
, in prison for graft since 2008, waived of a Rs. 10 crore bill from a company owned by fellow minister Vinod Sinha, who is also on jail in graft charges.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n governmental body responsible for generation and distribution of power in the state of Jharkhand
Jharkhand
Jharkhand is a state in eastern India. It was carved out of the southern part of Bihar on 15 November 2000. Jharkhand shares its border with the states of Bihar to the north, Uttar Pradesh and Chhattisgarh to the west, Orissa to the south, and West Bengal to the east...
.
It suffers a loss of more than Rs 1,000 crore (USD 200mn) every year.
In 2011, it was revealed that in the last ten years, as much as Rs 80 crores in outstanding dues to various units had been waived off. For example, ex-Chief Minister Madhu Koda
Madhu Koda
Madhu Koda is an Indian politician who was Chief Minister of Jharkhand from 2006 to 2008. He was sworn in as the fifth Chief Minister of Jharkhand on September 18, 2006 and remained in office until he resigned on 23 August 2008; he was succeeded by Shibu Soren. He had eight ministers in his cabinet...
, in prison for graft since 2008, waived of a Rs. 10 crore bill from a company owned by fellow minister Vinod Sinha, who is also on jail in graft charges.