Connect with us

Energy

Lt Governor discusses J&K power scenario with experts

Published

on

Lt Governor discusses power scenario

BK News

Jammu, Jan 24: Lieutenant Governor, Manoj Sinha Sunday chaired a meeting with the experts from the power sector and officers of J&K Power Distribution Corporation here at Raj Bhavan.

Today’s meeting was the second in a week to assess and analyse the power scenario in the UT and propose solutions for creating a robust power supply system in J&K.

BVR Subrahmanyam, Chief Secretary; Rohit Kansal, Principal Secretary, Power Development Department and Information Department; Nitishwar Kumar, Principal Secretary to Lieutenant Governor; Raja Yaqoob Farooq, MD JKPDCL and Chief Engineers attended the meeting.

Chairperson, Board of Directors, IIT Bhubaneswar and former Chairman and MD PGCIL, Dr Rajendra Prasad Singh led the team of experts from the power sector.

A detailed presentation on “Path to a Healthy and Resilient Power Supply system in Jammu” was given by Former Director General, NPTI and ED Power Grid Corporation, Dr NS Saxena.

While discussing the issues related to streamlining the power supply system, the Lt Governor laid special emphasis on using the latest technologies and models for distribution and link strengthening in critical areas.

The Lt Governor directed the concerned officers of JKPDD and JKPDC to work on war footing to identify critical issues, their probable causes and likely mitigations in order to further improve the scenario of power supply system in J&K. “Things have improved for better but it needs to be made the best,” observed the Lt Governor.

The Lt Governor also reviewed the implementation of directions and suggestions made during the previous meeting.

A threadbare discussion was held on various power-related issues and short-term solutions were proposed for transformer and link strengthening, augmentation of transmission and distribution system, and future course of action, besides the identification of issues like pilferage, overloading, ageing of transformers and their impact on the power supply.

The Lt Governor was also briefed about the series of discussions and meetings held between the team of experts with JKPDD and JKPDC officials after the last meeting held on 20th January 2021.

Recommendations were made for focusing on immediate and short-term plans to strengthen the infrastructure to ensure improved power supply status in Jammu region to cater to peak load surge during coming summer, besides identification and aligning on critical gaps.

The chair was further informed about the extensive exploratory meetings and surveys done with the local teams on transmission sites and distribution issues.

It was informed that system strengthening is in progress under various schemes of the Government under which several 33/11 KV substations are being erected for better power supply to various under-serviced areas.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Energy

Union Cabinet approves Rs 5282 cr investment for 850MW Ratle HEP

Published

on

Investment for 850MW Ratle HEP

LG Sinha announces decision, says it will make J&K power surplus

BK News

Jammu/Srinagar, Jan 20: Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved Rs 5282 crore investment for 850MW Ratle Hydro Electric Project (HEP) on River Chenab in Jammu and Kashmir’s Kishtwar district.

The Ratle HEP will be constructed by a joint venture company incorporated between NHPC and JKSPDC with equity contributions of 51% and 49% respectively, according to a statement by the Government of India.

Later on the day, Lt Governor of Jammu and Kashmir, Manoj Kumar Sinha held a press conference in Jammu to announce the Union Cabinet’s decision.

The LG, according to J&K Government statement, termed it a historical decision for making J&K power surplus UT.

He thanked Prime Minister Narendra Modi for approving the HEP and ensuring the development of Jammu & Kashmir.

He blamed the previous governments for what he called their lackluster approach towards the execution of the project.

Lt Governor said that Jammu & Kashmir was deprived of this mega project for so long because “the previous regimes were scared to move ahead” due to Pakistan’s threats of going to International court for arbitration, and making representation in the World Bank.

“But, today the nation is under the strong and decisive leadership of Prime Minister Narendra Modi, who is taking bold decisions for the welfare of the people of J&K and has ensured that this project sees the light of the day, besides also providing Equity contribution support to the Union Territory of Jammu and Kashmir,” the LG said.

“J&K is witnessing unprecedented growth and development in every sector; we are unlocking J&K’s potential to be self-reliant in the energy sector within a short span of time.”

Highlights Rs 5282 cr investment for 850MW Ratle HEP

Highlighting the key features of the mega project, the Lt Governor said that apart from making J&K energy sufficient, the 850MW Ratle HEPwill create 4000 jobs in J&K, directly & indirectly, and will contribute to the overall socio-economic development of the UT. In addition, the Kwar project (540 MW) has been decided to be taken up. This will result in an investment of Rs.4,264 Crores and create more than 2000 jobs in the UT, he added.

The Lt Governor observed that four more projects (Kirthai-II (930MW), Sawalkot (1,856MW), Uri-I (Stage-II) (240MW), and Dulhasti (Stage-II) (258MW) involving an investment of Rs.31,000 Cr have also been decided to be taken up for construction.  These projects together with the two ongoing projects of Pakaldul (1000 MW) and Kiru (624MW) on Chenab river and its tributaries will result in an investment of about Rs.52,821 Crores and create more than 12000 jobs in the Union Territory.

To train the local people, the Ministry of Power / Ministry of Skill Development proposes to set up training centres near the project sites in collaboration with NHPC Ltd, so that they can be employed in the projects, observed the Lt Governor.

The government of India is also supporting the Union Territory of Jammu and Kashmir by providing a grant of Rs 776.44 crore for the Equity contribution of JKSPDC in the JVC to be set up for the construction of the Ratle HEP (850 MW). NHPC will invest its equity Rs 808.14 crore from its internal resources.

Ratle HEP will be commissioned within a span of 60 months. The Power generated from the project will help in providing balancing of Grid and will improve the power supply position.

J&K Government will extend the exemption from levy of Water Usage Charges for 10 years after commissioning of the project, reimbursement of State’s share of GST (i.e. SGST), and waiver of free power to the State in a decremental manner, i.e., the free power to the State would be 1% in the first year after COD and rising at1% per year to 12% in the 12th year.

The construction activities of the Project will result in direct and indirect employment to around 4000 persons and will contribute to the overall socio-economic development of the Union Territory of Jammu and Kashmir. Further, the Union Territory of Jammu and Kashmir will be benefitted from free power of around Rs 5289 crore and Rs 9581 crore with Water Usage Charges from Ratle Hydro Electric Project, during the project life cycle of 40 years.

Prominent among others, present on the occasion were BVR Subrahmanyam, Chief Secretary, and Rohit Kansal, Principal Secretary, Power Development Department, and Information Department, besides senior officers of Civil Administration.

Continue Reading

Energy

Centre’s tax collection on petrol, diesel up by 48% to Rs1.96 lakh cr

Published

on

Record collection on petrol diesel

Excise duty witnessed record hike despite low consumption, falling crude prices

BK News

New Delhi, Jan 17: While the pandemic pummelled tax collection across the board, excise duty mop-up jumped 48% in the current fiscal on the back of a record increase in taxes on petrol and diesel, that more than made up for the below normal fuel sales.

Excise duty collection during April-November 2020, was at Rs 1.96 lakh crore (Rs 1,96,342 crore), up from Rs1.33 lakh crore mop-up during the same period in 2019, according to data from the Controller General of Accounts (CGA).

This despite the fact that over 10 million tonnes less diesel – the most used fuel in the country – was sold during the eight months period.

Diesel sales during April-November 2020, stood at 44.9 million tonnes as compared to 55.4 million tonnes a year back, according to data from the oil ministry’s Petroleum Planning and Analysis Cell (PPAC).

Petrol consumption too was lower at 17.4 million tonnes, compared to 20.4 million tonnes during April-November 2019.

While Goods and Services Tax (GST) apply on most products since its introduction in 2017, oil products and natural gas has been kept out of its preview. Excise duty, which accrues to the centre, and VAT that goes to the state government, are levied on their sale.

Industry sources said the jump in excise duty was primarily because of a record increase in taxes on petrol and diesel during March and May last year.

The central government had raised excise duty on petrol by Rs13 per litre and that on diesel by Rs16 a litre in two tranches to mop up gains arising from international crude oil prices falling to a two-decade low.

With this, the total incidence of excise duty on petrol rose to Rs 32.98 per litre and that on diesel to Rs 31.83 a litre.

In full 2019-20 fiscal (April 2019 to March 2020), excise collection totalled Rs 2,39,599 crore, according to CGA.

Central excise duty makes up 39% of petrol and 42.5% of diesel. After considering local sales tax or VAT, the total tax incidence in the price is about two-thirds of the retail rate.

The excise tax on petrol was Rs 9.48 per litre when the Modi government took office in 2014, and that on diesel was Rs 3.56 a litre.

The government had between November 2014 and January 2016, raised excise duty on petrol and diesel on nine occasions to take away gains arising from plummeting global oil prices.

In all, duty on petrol rate was hiked by Rs11.77 per litre and that on diesel by 13.47 a litre in those 15 months that helped government’s excise mop up more than double to Rs 2,42,000 crore in 2016-17, from Rs 99,000 crore in 2014-15.

The government had cut excise duty by Rs 2 in October 2017, and by Rs1.50 a year later. But it raised excise duty by Rs 2 per litre in July 2019. It again raised excise duty on March 2020, by Rs 3 per litre each. In May that year, the government hiked excise duty on petrol by Rs10 per litre and that on diesel by Rs13 a litre.

While basic excise duty on crude is not so significant, it is ad valorem (a certain percentage of value) on ATF at 11 % and on natural gas-compressed 14 %. In case of an ad valorem system, earnings happen only if the product price goes up.

According to CGA, overtax revenue of the government is down 45.5 % at Rs 688,430 crore during April-November. For the full 2020-21 fiscal (April 2020 to March 2021), the government had budgeted Rs 16.35 lakh crore tax revenue.

Corporation tax mop-up is down 35 % at Rs 185,699 crore and income tax collection is 12 % lower at Rs 235,038 crore, the CGA data showed. — PTI 

Continue Reading

Energy

Central scheme provides upto 40% subsidy for rooftop solar power

Published

on

40% subsidy for rooftop solar

BK News

Srinagar, Jan 16: To generate electricity by installing solar panels on the rooftops of the houses, Union Ministry of New and Renewable Energy (MNRE) is providing 40% and 20% subsidy upto 3KW and 10KW respectively.

The subsidy is provided under the Government of India’s Grid-connected Rooftop Solar Scheme Phase-II.

The scheme is being implemented in the states by local Electricity Distribution Companies (discoms).

However, Jammu and Kashmir has ranked on the bottom of states and UTs for availing the scheme and installation of the rooftop solar power despite having a huge power deficit.

J&K has to purchase power from outside with an annual bill of Rs 6500 crore against which the power recoveries are just Rs 2300 crore.

Residential consumers willing to set-up a rooftop solar plant under MNRE scheme can apply online and get rooftop solar plants installed by the vendors listed by the concerned discoms.

A consumer has to pay the cost of rooftop solar plant by reducing the subsidy amount given by the ministry as per the prescribed rate to the vendor. The process of which is given on the online portal of the discoms. The subsidy amount will be provided to the vendors by the ministry through the discoms.

Domestic consumers are informed that to get subsidy under the scheme of the ministry, they should install rooftop solar plants only from the empanelled vendors of the discoms following due process of approval by the discoms. The discoms have issued online process for this purpose.

No vendors authorised by MNRE

But the MNRE, in a statement, has cautioned the consumers that some rooftop solar companies and vendors are setting up rooftop solar plants by claiming that they are authorized vendors by the ministry.

“It is clarified that no vendor has been authorized by the ministry. This scheme is being implemented in the state only by the discoms,” the statement reads.

The discoms have empanelled vendors through bidding process and have decided rates for setting up a rooftop solar plant, it said.

The solar panels and other equipment to be installed by the empanelled vendors shall be as per the standard and specifications of the ministry and also includes 5-year maintenance of the rooftop solar plant by the vendor.

It has also been brought to the notice of the ministry that some vendors are charging more price than the rates decided by the discoms from domestic consumers, which is incorrect, the statement said. Consumers are advised to pay only according to the rates decided by the discoms. The discoms have been instructed to identify and punish such vendors, it said.

The ministry has asked the consumers to contact on tollfree No. 1800-180-3333 or long on to https://solarrooftop.gov.in.

Continue Reading

Trending