Business Standard
Thursday, May 31, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Power reforms to cover 99 towns
Press Trust Of India / Chennai/ Bangalore Feb 27, 2009, 00:11 IST

A major power development and reform programme was launched in Karnataka today, covering 99 towns in the state. This is the first part of the Rs 465.59 crore Restructured Accelerated Power Development & Reforms Programme (RAPDRP), of which the Centre has sanctioned Rs 388.34 crore and Rs 77.25 crore is to be borne by Electricity Supply Companies (Escoms) in Karnataka, Karnataka minister for power K S Eshwarappa said at a function here.

Officials said the RAPDRP’s objective is to bring down losses in ESCOMs by concentrating on urban areas having a population of more than 30,000 as per the 2001 census. Part A of the RAPDRP is focussed on determining aggregate technical and commercial (AT&C) losses in urban areas and providing the IT backbone to each of the Escoms to computerise their major functions relating to customer relations and asset management, they said.

 
Principal secretary (energy) and Escoms chairman K Jairaj said Part A RAPDRP would be completed in three years, adding, the entire loan (Rs 388.34 crore from the Centre) along with interest would be converted into grants by the Union government once the required conditions are met.

The Karnataka government aims to bring down AT&C losses from 23-24 per cent to 15 per cent in two years, he added.

A covers projects for creating baseline data and IT applications for energy accounting and auditing, and customer services. Work under Part A includes IT applications for redress of consumer grievances; integrated meter reading, billing and collection; consumer indexing; asset mapping; GIS mapping of the distribution network; automatic meter reading on distribution transformers and feeders, etc.

Eshwarappa said the new state government signed MoUs on 8,100 Mw after it was formed last year. “Since November 15 last year, we have purchased power worth Rs 1,225 crore,” the minister said.

He thanked Jairam Ramesh, who yesterday resigned as Union minister of state for power to concentrate on the Congress party’s preparations for the Lok Sabha elections, for his support to the state on power projects, particularly MoUs with NTPC and the RAPDRP. Officials said Part B of RAPDRP, which would concentrate on strengthening the distribution network after determining the losses through Part A, would be initiated in six months.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Wealthy clients turned tables on UBS and staff?
- Army chief slams BEML on Tatra, awards it Rs 1,500-cr deal
- Tata Motors skids as margins dip at JLR
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us