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This Article is From Jul 30, 2018

Modi Pledges Electricity for All Indian Homes by March 2019

(Bloomberg) -- All Indian homes will be connected with electricity by March 2019, Prime Minister Narendra Modi said at an event in the northern state of Uttar Pradesh.

Focus of the government will be on clean energy and rural development, Modi said on Sunday after laying foundation for 81 projects worth 600 billion rupees ($8.7 billion) in the state.

The nation's energy deficit has fallen to 1 percent from 4.3 percent in 2013-14, while light-emitting diode lamps have saved electricity consumption worth 500 billion rupees in the last three years, he said.

To contact the reporter on this story: Santanu Chakraborty in Mumbai at schakrabor11@bloomberg.net

To contact the editors responsible for this story: Divya Balji at dbalji1@bloomberg.net, Atul Prakash, Ryan Lovdahl

©2018 Bloomberg L.P.

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