Ranchi: State-owned Public Sector (PSU), Jharkhand Bijli Vitaran Nigam Limited, Reeling based on financial losses, now observes green strength as an alternative.
According to the audited report for the 2018-19 financial year, the discount caused a loss of Rs 212.17 Crore.
The main role of the PSU is to get the strength of the generator and distribute it to consumers and collect rates from them based on the level decided by the state electricity regulatory commission.
Because PSU has bought power at a very high cost and distributes it to consumers with subsidized tariffs, the difference has become a financial burden for PSU.
If the power is purchased at a cheaper speed, the loss will decrease, which is stacked every year.
PSU now gives solar power as a cheaper alternative.
Director (operation) JBVNL, KK Verma, said there were around 45 the power of Lakh consumers received a power supply from JBVNL in the state.
“Of this 45 Lakh consumers, around 36 lakh are in rural areas, the power supply to whom is very subsidized by the state.
The government gives high priority to rural consumers and those who economically weaken,” he said.
Apart from the amount paid by the consumer as an electricity bill, JBVNL must buy power at a rate of around Rs 4.75 per unit of the power generator.
This level often rises in the days when drum power is more than a fixed limit.
Verma said about the requirements of the 2,000 MW daily strength in the state, 35% -40% of electricity consumed by 35 Lakh consumers who enjoy subsidies.
Nearly 10% -15% of them pay bills.
“The state government has launched a one-time settlement scheme to encourage consumers to clean their contributions on December 15, 2021.
The government will erase the interests on the pending power bill of Rs 1,700 Crore if consumers pay their extraordinary bill,” he said, as he said, “he said Add that so the contribution is cleaned, switching to cheaper resources is a decent choice.
Reeling under the loss, the eyes of the green PSU power as a bailout
