Submit :
News                      Photos                     Just In                     Debate Topic                     Latest News                    Articles                    Local News                    Blog Posts                     Pictures                    Reviews                    Recipes                    
  
AIPEF demands review of power sector reforms
All India Power Engineers Federation (AIPEF) has requested the Prime Minister to constitute a high power technical committee of experts under his leadership to review the power sector reforms and to recommend corrective measures to make it vibrant. AIPEF in a letter to Narender Modi Prime Minister of India has claimed that due to wrong energy policies of UPA Government country could not achieve the target of "Power to All by 2012" .
This citizen journalist (VK Gupta), a spokesperson of federation said that the very purpose of changing Electricity Act in 2003 was to reduce the losses in power sector, improve the financial health of the sector & reduce the subsidy burden of Government. But due to faulty implementation of policies the contrary has happened.

The financial health of power sector has further deteriorated & Government is now even subsidizing private Discoms. The most serious effect of wrong energy policies even banking sector may collapse under the burden of non-performing assets being generated by power Sector.

AIPEF in its letter has alleged that on the generation front the concept of achieving low tariffs through competitive bidding in Ultra Mega Power Projects (UMPP) has been completely defeated by the changes made in terms of reference after award of contract by giving various concessions to successful bidders.

The coal shortage coupled with import of coal and increase in prices of natural gas is going to push up the tariff further. The performance of thermal plants with imported equipment is not up to mark and this is especially true in case of Chinese equipment.

While there are shortages of power in southern states, state owned power plants in West & North are being shut down due to lack of load. This is in spite of the fact that physical infrastructure of power transmission exists to transfer power from one region to other.

On distribution front creation of multiple agencies is adding cost at every level which ultimately affects consumer. The franchisee experiment has not been able to give desired results as all the franchisee is committing gross financial irregularities.

Private Discoms are not being subject to any scrutiny as such these Discoms are adding cost by purchases at very high cost from their own sister concerns which is ultimately burdened on consumer.

Further autonomy & independence of Electricity Regulators has been completely eroded as it has been captured by vested interests due to interference by state Government even in case of tariff matters. Most of regulatory commissions are headed by retired bureaucrats who are enjoying all powers without any responsibility.


COMMENTS (0)
Guest
Name
Email Id
Verification Code
Email me on reply to my comment
Email me when other CJs comment on this article
}
Sign in to set your preference
Advertisement

Interesting content

merinews for RTI activists

Create email alerts

Total subscribers: 208711
Advertisement
Vibhav Kant Upadhyay
ISL - Indian Super League 2014
Indian Super League Fixtures
Not finding what you are looking for? Search here.