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Power engineers term Budget 2017 for power sector as disappointing
All India Power Engineers Federation (AIPEF) has termed the budget 2017 for power sector as disappointing as there has been no solution suggested for the problems being faced by the power sector.
V K Gupta, Spokesperson, AIPEF said that the budget for 2017-18 is disappointing considering the lower than usual investment in the sector. The budget allocation for rural electrification is only Rs. 4818 crore and in these circumstances the supply to all the country men in next two years seems very difficult.

As per Central Electricity Authority, the 87% rural houses in Bihar, 71% in UP, 63% in Jharkhand, and 455 in Madhya Pradesh are yet to be provided power. Similarly, 33% urban households in Bihar, 19% in UP, 12% in Jharkhand and 7% in MP are without power.

"There has been no roadmap for the debt ridden power distribution companies (Discoms) as these companies are forced to supply consumers at cheaper power despite the fact that cheaper power is available in the market but they cannot purchase due to long term power purchase agreements," Gupta said.

There was not even a mention on thermal power and coal apart from FM Jaitley's announcement on rural electrification. The thermal plants in state sector are lying idle as Discoms are buying power from private generators as per power purchase agreements, the AIPEF said.

These thermal plants will become part of history and financially unviable in next few years and then the government will sell land to private developers, it added.

In view of above the overall budget for power sector is disappointing, the AIPEF said.

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