Dibya Shankar Mishra, Minister of State for Energy evaluated the performance of the power sector which has recently failed to render competent and quality power to the customer even a huge amount of investment was made by the Odisha Government.
According to the reports, Dibya Shankar Mishra took stock of the infrastructure projects being administered by the State-owned Odisha Power Transmission Corporation Ltd (OPTCL), the progress accomplished in village electrification, quality of power supply and consumer satisfaction under 5T and Mo Sarkar initiatives.
After the review, the Minister concluded that the consequence following the decision of Chief Minister Naveen Patnaik that he will make the appraisal of all departments from 15th May to 25th May on the implementation of different governments programmes and services.
The Minister further explained that as the Comptroller and Auditor General (CAG) of India has exposed the essential weaknesses of the public sector undertakings (PSUs) of the Energy Department in its audit report deferred in the Budget session of the Assembly.
While determining the aggregated loss of nine power sector PSUs at Rs 4,443.12 crore against capital investment of Rs 4,048.67 crore, the audit report said Gridco, the bulk power supplier to the State, is bleeding with a net worth of Rs 3,654 crore. Furthermore, the aggregated loss of OHPC, OPGC and OPTCL has gone up to Rs 2,383.51 crore.
The State is yet undergoing from large aggregated technical and commercial (AT&C) loss of over 30 per cent even after immersion of huge capital by the government due to non-cooperation by the power distribution companies.
The OPTCL has inadequately disappointed in the implementation of the Rs 3,843 crore Odisha Distribution System Strengthening Project (ODSSP) which envisioned achieving a 3 per cent AT&C loss reduction every year. The project established by the State Cabinet in 2013 for the construction of 550 33/11 KV sub-stations is not developed.
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