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Govt committed to decrease AT&C loss of discoms

Govt committed to decrease AT&C loss of discoms

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The Government of India is committed to reducing the technical and commercial losses (AT & C) of the power distribution companies (Discom) of different States of the country.

For this, close monitoring of Overall State Performance, Divisions of High AT & C Loss, Divisions of utility to reduce AT & C loss, and rewarding personnel of the power distribution companies who are achieving the target are being adopted. Answering a question from MP Mahesh Poddar of Rajya Sabha, Minister of State for Power and New and Renewable Energy RK Singh gave this information in the Upper House on Tuesday.

In response to the data submitted by 20 states on the Uday portal, MP Poddar was told that the gross technical and commercial (AT & C) loss was 21.84 per cent by the end of September 2018.

The average cost of power supply and the average revenue recovered and the difference between the national average difference in the financial year 2015-16 is less than 0.60 rupees per kilowatt hour compared to Rs 0.17 per kW in the financial year 2017-18. The hour is gone. The total national billing efficiency of the power distribution companies was 81.58 per cent in FY16-16, which has increased to 83.86 percent in the financial year 2017-18. Universal metering and regular billing can reduce the AT & C losses.

The government has also dismissed the fears that it was being said that after the PNB scam, there has been a reduction in bank credit available to the country’s gems and jewellery industry.

In response to a question of Poddar, Minister of State for Finance Shiv Pratap Shukla informed that according to the data of the Reserve Bank of India collected from 41 Scheduled Commercial Banks (SCB), the total bank loan made available to the gems and jewellery industry (June 2018 ) Has increased from Rs 68,100 crores (in September 2018) to Rs 69,700 crores.

Source: dailypioneer
Anand Gupta Editor - EQ Int'l Media Network

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