Power generating utilities revenue up 43% : Assocham

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New Delhi, Oct 25 (UNI) As the pace of Accelerated Power Development Reform Programme (APDRP) gains momentum, revenues from the sale of electricity for central power utilities have gone up by 43 per cent from 2002-03 to 2006-07 and are likely to go even beyond 53 per cent in the current fiscal, according to an industry chamber.

In a study by industry body Assocham on the 'Performance of State Utilities vis-a-vis revenue collection of Central Utilities, it noted that the central power utilities revenues from sale of electricity to State Electricity Boards (SEBs) were Rs 76,640 crores in 2002-03.

''This went up to about Rs 1,10,000 crores in 2006-07, thereby showing an increase of 43 per cent,'' the study says.

Started as an initiative by Union Power Ministry, the APDRP was launched in 2002-03, with the primary objective of reducing aggregate technical and commercial (AT&C) losses and raise revenue collections for the central power generating utilities for their sale of electricity.

It was noted that the central power utilities revenue went up to Rs 85,942 crores in 2003-04, Rs 91,738 crores in 2004 -05 and nearly Rs 1,00,000 crores in 2005-06 before reaching estimated levels of Rs 1,10,000 crores in fiscal 2006-07.

''This may go up to around Rs 1,18,000 crores by end of this fiscal, which in percentage terms works out to be little over 53 per cent,'' said Assocham President Venugopal N Dhoot.

The average tariff of power per unit, however, has also gone up significantly between the period 2002-03 to 2006-07.

''While the cost of per unit electricity sold off to State Electricity Boards on an average was about Rs 2.63 in the year 2002-03, it went up to Rs 2.75 in 2003-04 and Rs 2.75 in 2004-05.

It was Rs 2.84 in the year 2005-2006, which is estimated at about Rs three in the year 2006-07,'' said the study.

The energy availability in 2002-03 was 67.46 per cent in 2002-03, going up to 67.47 per cent in the following year before touching 68.75 per cent in 2004-05, which was nearly 69 per cent in 2005-06 and 2006-07.

''In future, the energy availability is likely to be between 75 to 76 per cent as it is expected that a good number of mega power plants in addition to merchant power plants and captive power plants would be commissioned,'' the study noted.

This will not only add capacities in the existing power plant but also add to availability factor and to some extent help India get over its current power crisis, Mr Dhoot said.

Assocham recommended further acceleration in power reforms so that the sector witness a growth and India moves on higher and double digit growth trajectory.

According to the body, power sector reforms have been under way for over a decade. The notable initiatives taken during the 10th plan include the restructuring of the power sector by 14 states and unbundling of the electricity boards into separate entities for transmission, distribution and generation.

The chamber added that 29 states either constituted or notified the constitution of state electricity regulatory commission (SERC) and 21 SERCs have issued tariff orders, while 26 states notified rural areas under Section 14 of the act, which provides for taking up composite schemes of generation and distribution without any licence.

UNI

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