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Our Bureau

Kolkata April 11 Conservation of power and energy, both at domestic and industrial level, was the need of the hour, according to Mr M.K. De, Chairman and Managing Director, West Bengal State Electricity Distribution Company Ltd.

Mr De, who is also the Chairman of West Bengal State Electricity Transmission Company Ltd, said that the total loss incurred annually by electricity distribution companies was estimated at Rs 27,000 crore, which is about 0.75 per cent of the country's GDP.

"The GDP could have grown much faster had there been sufficient power supply facility. As a result industries suffer. The solution is conservation of power," Mr De said, while addressing a seminar on `Energy Audit and Energy Conservation - Relevance, Importance and Implementation' organised by the Bengal Chamber of Commerce & Industry (BCCI) in association with the Bureau of Energy Efficiency, Ministry of Power, Government of India.

"It is estimated that India spends more than $43 billion of foreign exchange to import oil. In short, energy requirement is at a premium. The need is to conserve energy and save fuel, including coal, since the source of most of our power, particularly electricity is coal," said Mr S. Radhakrishnan, President, BCCI.

"The need for capacity addition by more than 100,000 MW to achieve the goal of 100 per cent electrification by 2012 could be substantially reduced through energy conservation measures which are one-third capital intensive compared with new capacity addition. It is estimated that in most cases, energy savings to the extent of 30 per cent was possible through techno-economically viable measures," Mr Radhakrishnan added.

More Stories on : Power | West Bengal

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