JAMMU: The Jammu and Kashmir Government has recorded Rs 4,650 crore deficit in collection of power tariff during the year 2015-16, a report by the Comptroller and Auditor General (CAG) has said.
It said the target for tariff collection has not been achieved and the shortfall was Rs 1,503 crore during 2015-16.
The CAG report for the year ended March 31, 2016, which was tabled in the Assembly last month, said, “The actual sale of power is only 24.10 per cent of the purchase of power resulting in deficit of Rs 4,650 crore during the year 2015- 16.” (AGENCIES)
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