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Hubli Electricity Supply Company Ltd's (Hescom) Rs 1,495.17-crore capital investment plan and revenue expenditure of Rs 3,310.35 crore for the financial year 2011-12 has been approved. The board of directors of Hescom which met recently has approved the proposal.
As part of the capital investment plan Hescom has made a provision of Rs 496.36 crore to bifurcate its rural feeders into Nirantara Jyoti Yojana and irrigation pump (IP) set feeders.
In a release Hescom said, “Nirantara Jyoti Yojana is a flagship programme of the Karnataka Government. To bifurcate rural feeders it will be taken up in two phases. It involves construction of 436 new feeders in 34 taluks. It is planned to complete the project in this financial year itself.”
“For taking up this project, a provision of Rs 496.36 crore has been set aside. Out of which, 40 per cent will come from the State Government as equity and the balance is being borrowed from financial institutions,” the release added.
Conservation measures
Hescom in its jurisdiction is planning to take up a pilot for implementation of smart grid in urban areas and also pilot for adoption of sprinkler/drip irrigation system in the rural areas as conservation measures .
With an aim to conserve energy in the domestic lighting, the State Government's flagship project ‘Belaku Yojane' has been initiated. “It involves distribution of maximum four CFL lamps per household in place of four incandescent bulbs. The programme is being done as a part of clean development mechanism promoted by the Bureau of Energy Efficiency. Except administrative and supervision expenses, this programme has no financial repercussion on us (Hescom). This will help in reducing the evening peak load,” said the release.
Revenue expenditure
Under revenue expenditure of Rs 3,310.35 crore, Hescom plans to set aside 75 per cent of the revenue expenditure towards power purchase from KPC, central generating stations, IPPs and bilateral purchase.
“The anticipated expenditure towards this power purchase has been calculated by the PTC cell of Hecom keeping in mind the long-term PPAs with various companies, power purchases from PCKL on behalf of us, assuming 10 per cent rise in the consumption of energy over the next one year,” the release said.
Special emphasis has been given for the repair and maintenance of the equipment and other infrastructure of Hescom such as Rs 30.12 crore for maintenance of distribution transformer centres, Rs 2.53 crore for preventive maintenance of 11 kV lines and Rs 16.65 crore for repair of failed transformers. In the financial year 2010-11, totally 12,500 transformers have been repaired at an approximate cost of Rs 16.00 crore.
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