These losses include distribution losses including theft of electricity, gap between average cost of supply and average revenue realization, inadequate metering, poor billing and collection efficiency, the Minister said in Rajya Sabha.

The aggregate losses, after tax on accrual basis, incurred by utilities selling directly to the consumers was Rs 69,108 crore during 2012-13, he explained while replying to a question during Question Hour.

The Minister said the transmission loss was the highest in Bihar at 54.63 per cent and the lowest in Kerala at 9.13 per cent followed by 9.53 per cent in Himachal Pradesh.

He added peak power shortage in the country reported by states during April-January period of the current fiscal stood at 7,006 MW.

"As on February 21, 6,114 MW capacity of power plants is under planned maintenance. 2,479.9 MW of state-owned power generating capacity is presently under renovation and modernization," Goyal said.

Replying to another question, he assured a target of 1,000 units per capita electricity consumption has been set for the year 2014-15 compared to 957 units in 2013-14.

Goyal affirmed an estimated USD 250 billion investment target has been set for the power sector in next 4-5 years. Of this, USD 100 billion was planned to be used in the renewables, USD 50 billion in transmission and distribution sector, USD 60-70 billion in the power generation sector and USD 25 billion for the modernization of old plants among others.

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