Chandigarh, Dec 6 (UNI) The Punjab government has approved two projects of Rs 3,225 crore for the modernisation and upgradation of the existing power transmission and distribution (T and D) system in Ludhiana, Amritsar , Jalandhar, Bathinda, Mohali and Patiala.
A decision to this effect was taken by Chief Minister Parkash Singh Badal while presiding over a high level meeting of Punjab State Electricity Board (PSEB) here last evening.
In the meeting, the Chief Minister said that about Rs 800 crore of seed money for the projects would be raised by the state government. He said that the upgradation of the entire power network system both in urban as well as in rural sectors had become mandatory in view of the 23.91 per cent of total power loss due to the snags in the prevalent T and D system.
"The state is losing Rs 1000 crore annually on this count which is much higher than the national figure of approximately 15 per cent," he said.
Giving the details of the projects, Mr Badal said the state government had approved Rs 1990 crore for transmission project and Rs 1235 crore for distribution project and both the projects would be completed in two-and-a-half years resulting in reduction of loses by 15 per cent.
Mr Badal also informed that presently 4 per cent were the transmission loses and about 20 per cent were distribution loses, out of 20 per cent distribution loses 10 per cent were technical and remaining 10 per cent were due to theft and pilferage.
To control the theft of electricity and reduce T and D loses, 35 lakh electric meters would be replaced by electro mechanical meters at a cost of Rs 175 crore within next two years, added Mr Badal.