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Odisha discoms spend Rs 537 cr on capex

Capex programme was conceptualised in 2010-11 with an outlay of Rs 2,400 cr

BS Reporter Bhubaneswar
Last Updated : Aug 26 2015 | 9:19 PM IST
Electricity distribution companies (discoms) in Odisha have spent Rs 537.45 crore on the Rs 2,400 crore Capital expenditure (Capex) scheme meant to trim high AT&C (aggregate technical and commercial) losses.

“The discoms have spent Rs 104.87 crore in 2012-13, Rs 206.28 crore in 2013-14, Rs 192.16 crore in 2014-15 and Rs 70.13 crore so far in the current fiscal. The discoms have installed 23 33/11 KV sub stations, upgraded 154 33/11 sub stations and laid 2282 km of 11 KV lines”, energy minister Pranab Prakash Das stated in a written reply to the state assembly.

The Capex programme was conceptualised in 2010-11 with an outlay of Rs 2,400 crore. The programme was launched to cut AT&C loss by three per cent each year. Presently, the average AT&C loss of the four discoms stands at 38.18 per cent and it is targeted to bring down the loss to 26 per cent by 2019. One per cent reduction of AT&C loss is expected to contribute Rs 80 crore per annum to the state government.

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The first phase of Capex that is expected for completion by this fiscal end, would see expenditure of Rs 970 crore as per the detailed project report (DPR) prepared for the scheme.

The second phase of Capex is now redundant with the introduction of new schemes like Deendayal Upadhaya Gram Jyoti Yojana (DDUGJY), Integrated Power Development Scheme (IPDS) and Odisha Distribution System Strengthening Project (ODSSP).

The outlay under DDUGJY for Odisha has been pegged at Rs 4,500 crore for two phases. Phase I of this scheme has been approved by Rural Electrification Corporation (REC). The cost of IPDS has been assessed at Rs 4,200 crore.

Under ODSSP, 500 new 33/11 KV sub-stations are to be put up during 2014-19 period. Implementation of the programme is estimated to cost Rs 4,500 crore. As many as 181 sub-stations are to be built in the first phase for which construction is underway at different sites.

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First Published: Aug 26 2015 | 8:30 PM IST

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