Power supply to industries, businesses, agriculture, households etc is akin to blood circulation in the body. Just as stoppage of blood supply to any body-part renders it dysfunctional, disruption in power supply has same effect on economic activity. Minister for power and non-conventional energy, Piyush Goyal had precisely this at the back of his mind when he promised that Modi government will ensure un-interrupted power supply 24 hrs a day through out the year to every household and industry. To achieve this goal in an environment friendly manner, government has declared its intent to set up in next 5 years 100,000 mw each of power generation capacity based on ‘solar’ and ‘wind’. This coincides with Modi’s visit to USA where...
More
No comments
Category: T&D losses
Consumers fleeced yet, power companies lose – can CAG unravel mystery?
Aam Aadmi Party (AAP) commitment to reduce electricity rates by 50% generated some hope for consumers in Delhi who had suffered steep increase in power tariff by nearly 70% since privatization of distribution in 2002. AAP has been in power for almost 6 weeks and yet hapless consumers have no relief in sight. Government is yet to give effect to a cut of 50% for consumption up to 400 units a month announced on assuming office. Meanwhile, Delhi Electricity Regulatory Commission (DERC) has hiked in power purchase cost adjustment charge (PPAC) by 6-8%. Even worse, an imminent cut in supply haunts them due to a threat given by NTPC (it supplies around 50% of Delhi’s power need) as power distribution companies...
More
No comments