Our grid solutions can bring down transmission losses
Lucy Electric in India has been very active for years. It started in mid-nineties, and at present, we have two manufacturing units in India, one in Vadodara which supports the rest of our business and sub assemblies and key components.
We have an order book of 4-mn smart meters
Yes of course! Energy Efficiency Services (EESL)'s procurement of smart meters have already started pushing down the cost. In November-December, last year, EESL has come out with a large tender, and I remember, an announcement of 14 per cent lower pricing than the earlier tenders.
AT&C losses have shown only marginal improvement
The key objective of UDAY was financial turnaround of power distribution companies (discoms), which would have led to purchase of more electricity, reduced load-shedding and improved hours of supply.
The power supply situation in India has seen a significant improvement in the past two to three years. According to reports, in the year 2011, more than 33 per cent of the rural population and 6 per cent of the country's urban population had lacked electricity.
Three years and three cheers!
Three years is not a long time to judge a government's performance, but it is long enough to set a trend in power sector reforms in the country. Narendra Modi's government at the Centre, which completed three-year tenure in the last week of May 2017, has some achievements to boast of in the sector that touches everybody's life.
India Progressing Towards Optimum Energy Mix
The summer of 2017 promises to be a watershed year for India. While the government burns the midnight oil to introduce GST by start of the upcoming financial year, Piyush Goyal, Minister of State (I/C) Power, Coal, New and Renewable Energy and Mines, is confident that all villages will be connected to the grid by May 2017.
Andhra Pradesh joins UDAY
Andhra Pradesh has joined the Centre´s debt revival scheme for state power distribution companies (discoms). An overall net benefit of approximately Rs.4,400 crore will accrue to the state by opting to participate in Ujwal Discom Assurance Yojana (UDAY), by way of cheaper funds, reduction in AT&C and transmission losses, interventions in energy efficiency, coal reforms, etc