UT adviser Manoj Parida on Thursday decided that the firm, which will be selected for power department privatisation in Chandigarh, will have to bring down transmission and distribution (T&D) losses to 7.6 per cent in a span of five years.
It was decided that the selected firm will reduce 0.4 per cent every year starting from 9.2 per cent to 7.6 per cent by the end of five years. Meanwhile, the UT adviser will hold a pre-bid meeting with interested firms on Friday at the UT Secretariat in Sector 9, Chandigarh.
According to the 2018 directions of the Joint Electricity Regulatory Commission (JERC), T&D losses of Chandigarh were fixed at 9.30 per cent for financial year 2020-21. The department has been taking a plea that the high T&D losses have occurred due to non-availability of inter-state transmission point within the boundaries of Chandigarh and the metering is done at 400 KV Nalagarh, 220 KV Mohali and 220 KV Dhulekote.
On the other side, the commission was of the view that the intra-state distribution loss in the similar urban distribution companies, like BSES Rajdhani Power Limited (BRPL), BSES Yamuna Power Ltd (BYPL),