Jaipur: The Minister of Finance announced in the budget that countries will be permitted a fiscal deficit of 4 percent of the dirty state domestic product where 0.5 percent will be bound to the electrical sector reform.
It requires far changes to achieve the electricity sector making losses in the state that allows competition and reduces exclisal and technical losses (AT & C) from the diskom.
Welcoming his steps, R G Gupta, former Jvvnl executive director, said, “This will help the bound cash turn out to change the sector with capital infusion.” According to the distribution sector scheme which was changed announced by the center in July last year, discounts must reduce AT & C losses at Pan-India levels by 12-15% and the average supply costs for the average revenue gap (ACS- Ars-ars-ars) for zero in 2024-25.
Discom and the power department must install a pre-paid smart measurement system and distribution infrastructure works for reduction and modernization of losses.
Financial assistance for distribution infrastructure works under the scheme will be charged to meet the pre-qualification criteria.
This scheme provides an annual assessment of the performance of discussions on achievement and agreed on performance trajectories including AT & C losses, ACS-AR gaps, infrastructure improvement performance, consumer service, supply hours, and corporate governance.
Discom must print a minimum of 60% sign and delete the minimum bar to qualify for funding the scheme.
The implementation of the scheme will lead to consumer empowerment by smart measurement methods through public-private-partnership mode (PPP).
Utilizing artificial intelligence to analyze the data produced through the system meter, prepaid smart meters to prepare energy accounting reports produced every month to allow discounts to make decisions based on loss reduction, demand forecasting, renewable energy (re) integration and for other predictive analysis will be important for the success of implementation.
This scheme has a focus on increasing electricity supply for farmers through the separation of agricultural feeders.
This will give them daylight strength with convergence with Pradhan Mantri Kisan Urja Surakha Evem Uthan Mahabhiyan scheme for agricultural feeder solarization.