South Korea, which has succeeded in reducing its power transmission and distribution losses to a meagre 4 per cent,will now lehp India do the same. South Korea showed its willingness to help India reduce its T&D losses during a Power Ministry delegation's visit to Seoul, an official said.
"The modalities of the cooperation between the two countries on the subject would be discussed at a meeting scheduled on June 18 in Seoul, where representatives of the Ministry of External Affairs would meet their counterparts," he added.

At present, the country faces 30 per cent T&D losses, and the government is making every effort to reduce it to 15 per cent.As per government estimates, T&D losses in the power sector amounted to Rs 45,000 crore for the fiscal ended March 31, 2010, and were likely to touch Rs 68,000 crore by the end of the current fiscal (2010-11).The Planning Commission would set up an expert group to identify the causes for the T&D losses. A former Comptroller and Accountant General (CAG) would head the group, which would also have representatives from the power sector.
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