The state-owned power utility MSEDCL has launched the incentive/disincentive scheme for its employees in operation maintenance staff to cut its heavy transmission and distribution losses. | |
| The MSEDCL losses run up to nearly 29 per cent and cut in the loss by 1 per cent and brings an additional revenue of around Rs 200 crore to the power distribution company. |
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| After adopting stringent measures and drive against power theft, the Discom managed to cut losses by nearly 3 per cent last fiscal. This year, it set the target of reducing it to 25 per cent. The MSEDCL's losses varies between 9 per cent in Navi Mumbai division to 60 per cent in districts like Osmnabad, Latur and others. |
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| To cut losses in the regions T&D losses from high losses regions like Marathwada, some parts of Vidarbha and Northern Maharashtra the scheme has been introduced, said a senior official from MSEDCL. |
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| Under the scheme, employees of the division under whose jurisdiction there will be substantial loss reduction the staff in this region will be given performance incentive equal to their basic salary. |
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| However, employees of the divisions failing to bring down their losses, will face a reduction in salary. The maximum disincentive recoverable from an employee for a quarter shall not be over 15 per cent of his monthly basic salary. |
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| While considering promotions and transfers of employees, their performance record will be taken into consideration, said a press communiqué from the MSEDCL. |
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