Haryana will not increase its electricity tariff even post elections
Updated: Aug 28, 2014 12:30:34pm
Chandigarh, Aug 28 (KNN) Government of Haryana is unlikely to increase its electricity tariff even with the formation of new government as its discoms are adequately geared up to drastically reduce the aggregate transmission and distribution (T&D) losses with its government allocating them Rs 3,000 crore to be utilized in the remaining period of current fiscal to overhaul and upgrade its existing transmission and distribution networks including transformers and other such electric infrastructure.
This was stated by the Managing Director of state owned electricity utility company, Dakshin Haryana Bijli Vitran Nigam (DHBVN), Arun Kumar Verma.
Speaking at the National Conference on Power Transmission and Distribution under the aegis of PHD Chamber of Commerce and Industry, Verma added that even though losses from rural Haryana were as high as 70 per cent as per latest official estimates, the discoms in the State are determined to offset its rural electricity losses by bringing about modifications in its electric infrastructure, a press release said.
Verma was of the view that Haryana government did not allow its discoms to hike the domestic and industrial electricity tariff for nine consecutive years beginning 2001 to 2009 for political and social reasons but now in the changed situation under which upgradation and modification of State discoms is a missionary commitment, the discoms would do their best to replace the existing system with the new ones so that electric consumers are not burdened with the increased tariff structure.
Though, the discoms in the State have been suffering losses amounting to crores of rupees in the past on account of political interventions which continue even now, the focus has shifted altogether to put in a place a system with the help of new technologies so that tariff increases were minimized and restrained to the best of the abilities of the discoms, Verma pointed out.
He commended the commitment of the discoms in the state for wanting to move forward to satisfy their consumers and reform them both physically and financially.
In addition, the State has also agreed to accept the new financial restructuring plans mooted by the Union Power Ministry in recent past in which it has agreed to reform its discoms. Consequently the banks have begun to extend to them new financial packages as well consented to restructure their loans which in the case of Haryana stood at Rs 12,000 crore in March 2012.
The move to refrain from overburdening the electricity consumers in the state with an increase in electricity tariff was appreciated by Senior Vice President of PHD Chamber, Alok B Shriram; its Executive Director, Saurabh Sanyal; and Co-Chairman, Power Transmission and Distribution Committee, PHD Chamber R C Agarwala.
Agarwala said that the focus of the government should be to help discoms and the electricity boards to reduce their aggregate transmission and distribution losses which at national level stand at 27 per cent and vary between 35 per cent and 45 per cent depending on States. On account of these losses, the discoms and electricity boards are moving towards bankruptcy since these losses have gone to an extent of Rs 180,000 crore per annum. (KNN/ES)
This was stated by the Managing Director of state owned electricity utility company, Dakshin Haryana Bijli Vitran Nigam (DHBVN), Arun Kumar Verma.
Speaking at the National Conference on Power Transmission and Distribution under the aegis of PHD Chamber of Commerce and Industry, Verma added that even though losses from rural Haryana were as high as 70 per cent as per latest official estimates, the discoms in the State are determined to offset its rural electricity losses by bringing about modifications in its electric infrastructure, a press release said.
Verma was of the view that Haryana government did not allow its discoms to hike the domestic and industrial electricity tariff for nine consecutive years beginning 2001 to 2009 for political and social reasons but now in the changed situation under which upgradation and modification of State discoms is a missionary commitment, the discoms would do their best to replace the existing system with the new ones so that electric consumers are not burdened with the increased tariff structure.
Though, the discoms in the State have been suffering losses amounting to crores of rupees in the past on account of political interventions which continue even now, the focus has shifted altogether to put in a place a system with the help of new technologies so that tariff increases were minimized and restrained to the best of the abilities of the discoms, Verma pointed out.
He commended the commitment of the discoms in the state for wanting to move forward to satisfy their consumers and reform them both physically and financially.
In addition, the State has also agreed to accept the new financial restructuring plans mooted by the Union Power Ministry in recent past in which it has agreed to reform its discoms. Consequently the banks have begun to extend to them new financial packages as well consented to restructure their loans which in the case of Haryana stood at Rs 12,000 crore in March 2012.
The move to refrain from overburdening the electricity consumers in the state with an increase in electricity tariff was appreciated by Senior Vice President of PHD Chamber, Alok B Shriram; its Executive Director, Saurabh Sanyal; and Co-Chairman, Power Transmission and Distribution Committee, PHD Chamber R C Agarwala.
Agarwala said that the focus of the government should be to help discoms and the electricity boards to reduce their aggregate transmission and distribution losses which at national level stand at 27 per cent and vary between 35 per cent and 45 per cent depending on States. On account of these losses, the discoms and electricity boards are moving towards bankruptcy since these losses have gone to an extent of Rs 180,000 crore per annum. (KNN/ES)
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