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Discoms receive record monthly revenue of Rs 1,003 cr

Posted on Dec 07, 03:18PM | UNI

The Haryana Power Distribution Companies have received ever high monthly revenue of Rs 1003 crore against sale of power (SOP) during the month of November.

The monthly revenue of the discoms has crossed the mark of Rs 1000 crore for the first time in history of the state.

A Dakshin Haryana Bijli Vitran Nigam (DHBVN) spokesman said here today that there has been an increase of 36.46 per cent in monthly revenue collection during November over the revenue collected during the month of April.

It is an increase of Rs 268 crore from Rs 735 crore in April to Rs 1,003 crore in November. During the month of October, the monthly revenue was to the tune of Rs 991 crore.

The earnest effort made by the officials of the two discoms is apparent from the revenue collection. During the months of July and August, the consumption of power was maximum and thereafter the consumption reduced considerably due to reduced demand in domestic and agriculture sectors.

But the revenue collection which was Rs 909 crore in July and Rs 905 crore in August has increased by about Rs 100 crore during November.

During September, October and November, the discoms recovered revenue to the tune of Rs 2,937 crore against Rs 2,331 crore revenue during the corresponding period of last year. The spokesman said during the month of November, the Operation Circle Gurgaon earned highest Rs 222.42 crore monthly revenue followed by Faridabad Rs 168 crore, Panipat Rs 73 crore, Hisar Rs 71 crore, Sonipat Rs 66 crore, Ambala Rs 66 crore, Karnal Rs 47 crore, Yamunanagar Rs 45 crore, Rohtak Rs 37 crore, Rewari Rs 35 crore, Jhajjar Rs 34 crore, Bhiwani Rs30 crore, Kaithal Rs 26 crore, Sirsa Rs 26 crore, Kurukshetra Rs 30 crore, Jind Rs 19 crore and Operation Circle Narnaul Rs 11 crore.

Under the strategy for financial turnaround, Mr Devender Singh, Chairman and Managing Director, DHBVN and UHBVN has given the responsibility to reduce the cost of supply by 60 paise per unit to the power engineers and workers of the discoms by reducing the rate of AT and C losses from present 30 per cent to 15 per cent during next three years.

Moreover, over next six months, extensive plans have been prepared to undertake capital expenditure for strengthening of distribution infrastructure in rural and urban areas to ensure not only reliability of supply but enhance quantity of supply.