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Budget 2016: No wish-list, exercise existent schemes first, says discoms to govt

New Delhi: Unlike carrying prolonged wish lists for a Budget, a appetite placement companies have urged a supervision to exercise existent schemes in minute and suggestion to strengthen a electricity sector.

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“The existent schemes like UDAY, IPDS and DDUGJY are really good schemes. These should be implemented in minute and suggestion to grasp preferred objectives,” India Smart Grid Forum President Reji Kumar Pillai pronounced after press lecture on India Smart Grid Forum Week scheduled for Mar 15-19.

He said, “We are not awaiting any thing for appetite placement or delivery shred in this Budget… might be subsequent year once these schemes are implemented fully, we might ask for something from a government.”

Under Ujwal Discom Assurance Yojana (UDAY) launched final year, a states will take over 75 per cent of discoms amassed debt as on Sep 30, and emanate holds to compensate a creditors.

The remaining debt will be paid by lifting income by a discoms by holds released by them and guaranteed by a state governments.

The sum amassed debt of discoms in a nation stands during over Rs 4.37 lakh crore. At present, 6 states including Uttar Pradesh and Bihar have subscribed to a scheme, covering 35 per cent of a sum debt.

Under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY), a Centre wants to electrify all a villages by grid connected and off-grid solutions. Besides, it envisages subdivision of non-agriculture and cultivation feeders facilitating prudent rostering of electricity supply. Similarly, with an cost of over Rs 32,000 crore for Integrated Power Development Scheme (IPDS), a supervision has envisaged sub-transmission and placement networks in civic areas and information record enablement of appetite placement sector.

“Centre is using really good intrigue for placement companies. We have created to Power Ministry as good as Delhi Government for subscription of UDAY scheme,” Tata Power Delhi Distribution Ltd CEO and Managing Director Praveer Sinha told contributor on a sidelines of a event.

He said, “Delhi discoms have an amassed debt of over Rs 20,000 crore. If a seductiveness cost comes down by 4-5 per cent after subscribing UDAY afterwards there will an seductiveness saving of Rs 1,000 crore each year.”

On a delayed take off of rooftop solar in Delhi he said, “A state process on renewable appetite is awaited, that will understanding with a emanate of 5 per cent electricity taxation to be paid by business generating appetite and feeding to a grid. Similarly they are compulsory to compensate VAT on solar panels.”
PTI

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