By reducing the power losses and decreasing the gap in the cost of supply and revenue realised per unit of electricity, the power sector of Uttarakhand has made itself eligible to avail two percent additional loan on Gross Domestic Product (GDP) from the government of India.
The power secretary Radhika Jha said that the government of India had set up a target 1.09 percent reduction in the Aggregate Technical and Commercial (AT & C) Losses. These losses for the year 2019-20 were at 20.44 percent for Uttarakhand Power Corporation Limited (UPCL) which was reduced to 19.01 percent from April 2020 to December 2020. Jha said that the gap in the Average Cost of Supply (ACS) per unit of power and Average Revenue Realised (ARR) per unit of power for the year 2019-20 was Rs 0.40 per unit and the government of India had set up a target of 10 percent reduction in this gap by December 2020. The UPCL was able to reduce the ACT- ARR gap to Rs 0.28 per unit in April 2020 to December 2020. These successes have made the power sector of the state eligible for additional loan from the government of India.
Friday, 22 January 2021 | PNS | Dehradun
