Jharkhand State Electricity Board (JSEB), a Government of Jharkhand enterprise, is entrusted
with the generation and distribution of electrical power in Jharkhand. It generates electricity
through a thermal and hydel power stations and supplies power to different industries. Which
type of industry can JSEB be categorized into? Explain.
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Answer:
Jharkhand State Electricity Board is a Government of Jharkhand enterprise, entrusted with the generation and distribution of electrical power in the state of Jharkhand, India. It suffers a loss of more than ₹1,000 crore (USD 200mn) every year.[1]
Explanation:
In 2011, it was revealed that in the last ten years, as much as ₹80 crores in outstanding dues to various units had been waived.[1] For example, ex-Chief Minister Madhu Koda, in prison for graft since 2008, waived of a ₹10 crore bill from a company owned by fellow minister Vinod Sinha, who is also in jail on graft charges.
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