Thursday, September 29, 2022

Jammu: The electricity department has a liability of Rs 14 thousand crore on the people of Jammu and Kashmir.

For your information, let us tell you that the news is that the electricity liability of the state government, which is engaged in ensuring regular supply to the local consumers, has reached Rs 14164 crore, but the revenue collection is far less. Its direct burden is sure to fall on the state treasury. Along with this, although the Central Government has given a concession to Jammu and Kashmir to repay this loan in 40 installments on the request of the State Government, but this too is not going to be easy.
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The state administration under the leadership of Lieutenant Governor Manoj Sinha is making every effort to emerge from this situation. He has told people many times that if they want regular and quality electricity, then the consumers should also pay the electricity bill on time and help in preventing power theft. An official of the electricity department said that National Thermal Power Corporation (NTPC), National Hydroelectric Power Corporation (NTPC), JKPDCL and other companies buy electricity worth about 7500 crores every year, while the revenue collection from consumers is only 3200 crores. Thus the power purchase loss per year is around Rs 4300 crore.
In the name of outstanding liability of power purchase, the state government also has to pay interest ranging from 12 to 18 percent. Due to this the liability has reached Rs 14164 crore. Along with this, the power transmission and distribution deficit is also increasing continuously in the state. According to the officials of the Electricity Department, with the efforts of Lieutenant Governor Manoj Sinha and Principal Secretary, Energy Department, Nitish Kumar, the Central Government has facilitated the payment of outstanding electricity purchase bills to Jammu and Kashmir in 40 installments. Along with this, the payment of electricity purchase in future will have to be ensured on time.
If there is a delay, it is also possible to cut the power supply. Distribution deficit of 50 percent in Jammu and 65 percent in Kashmir, the distribution deficit of both the power distribution corporations Jammu Urja Vitran Nigam (JPDCL) and Kashmir Bijli Vitran Nigam (KPDCL) in the state is about 56 percent. This line loss of JPDCL was 50.57 per cent during the year 2019.20 while it stood at 52.17 and 50 per cent during the year 2020.21 and 2021.22 respectively. KPDCL has suffered distribution losses of 76 per cent in the year 2019.20, 69 per cent in 2020.21 and 65 per cent during 2021.22.

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by Azadi Times