The Electricity Board has decided to restart the tender process for installing smart meters in the state after addressing the technical flaws that led to the cancellation of the previous tender. The Board plans to present its case to the Chief Minister for approval to implement the project, which will receive funding support from the Central Government.
Funding Support from Central Government:
The Central Government has agreed to provide INR 1,800 crore for the maintenance of smart meters and the electrical system, with a 90-10 funding ratio for the state. After the project was approved, the state government withdrew its loan proposal sent to the Electricity Regulatory Commission, and will only have to spend less than INR 180 crore on the project, with the Central Government contributing INR 1,620 crore.
Free Installation for Low-Consumption Consumers:
The Electricity Board plans to install smart meters free of cost for consumers who consume less than 125 units of electricity out of the 22.59 lakh consumers in the state. This has become the biggest hurdle in implementing the project, as it requires a significant financial investment.
Role of State Government:
The project is primarily centered and funded by the Central Government, with the state government playing a minimal role in its implementation. The Board plans to present its case to the state government for approval and support in implementing the project.
Conclusion: The revival of the smart meter project is a promising development for the state’s electricity system. With funding support from the Central Government and a minimal role from the state government, the project can pave the way for improved electricity infrastructure and services in the state.
FAQ
Why did the Electricity Board cancel the tender process for the installation of smart meters?
The tender process for the installation of smart meters was canceled due to technical reasons.
Why did the state government withdraw its hands from the proposal to take the loan sent to the Electricity Regulatory Commission?
After the central government decided to give about 1800 crore rupees for the maintenance of smart meters and electrical system, the state government had to spend less than Rs 180 crore on this big project, while the central government’s share will be Rs 1620 crore. Hence, the state government withdrew its hands from the proposal to take the loan sent to the Electricity Regulatory Commission.
How many consumers in the state are consuming less than 125 units of electricity?
Out of the 22 lahks 59 thousand consumers in the state, 14 lakh 62 thousand consumers are consuming less than 125 units of electricity.
