Govt fixes `800 cr revenue target for Kashmir this fiscal

PDD records 128 pc growth in tariff collections in 6 months

GK NEWS NETWORK

Srinagar, Oct 10: The Power Development Department (EM&RE), Kashmir has realized highest ever revenue of Rs. 174. 43 crore up to September this fiscal which is about 128 per cent higher than the revenue collected during the corresponding period last fiscal. The revenue realized up to September last fiscal was only Rs. 76.33 crore.
 This was stated at a high level meeting held here today to review revenue realization on account of power supply in Kashmir division.
 Minister for Finance and Ladakh Affairs, Abdul Rahim Rather presided.
 The government has set an ambitious target of about Rs 800 crore to be collected on account of energy supply to the consumers in Kashmir division during the current financial year.
 The meeting was attended by the Economic Advisor to Government, Jalil Ahmed Khan, Commissioner Secretary Finance, Sudhanshu Panday, Commissioner Secretary Power, Basharat Ahmed Dhar, Secretary Technical Power, Asgar Ali Majaz, Director General Budgets, Magotra, Development Commissioner Power, Manzoor Ahmed Salroo, Chief Engineer, EM&RE, Kashmir, Muzaffar Matoo, Chief Engineer , EM&RE, Jammu, Shehnaz Goni, Superintendent Engineers and Executive Engineers of various power divisions of Kashmir.
 It was informed that 1433 consumers were added during first two quarters of the current fiscal raising the total number of consumers from 6,87,651 in March 2011 to 7,01,981 by the end of September 2011. This has resulted in additional load of 17.67 MW of power raising the load from 668.54 MW in March 2011 to 686.21 MW till September 2011.  The Power Development Department has almost completed computerization for issuing computerized bills to the consumers.
 The required hardware has been procured for 68 power sub-divisions, of which, 66 sub-divisions have been commissioned, an official statement said.
 It was informed that the department has conducted 14,996 inspections during first two quarters of the current fiscal to check misuse of power. A fine to the tune of about Rs. 60 lakh has been imposed on defaulters.
 Speaking on the occasion, the Minister underscored the need to improve the power tariff collections efficiency to increase the level of revenue collection. He also called for month wise monitoring of revenue realization adding that the engineers of the PDD have to play a role of energy managers to strike a balance between energy supply and revenue realization. 

Lastupdate on : Mon, 10 Oct 2011 21:30:00 Makkah time
Lastupdate on : Mon, 10 Oct 2011 18:30:00 GMT
Lastupdate on : Tue, 11 Oct 2011 00:00:00 IST




  • del.icio.us
  • StumbleUpon
  • Digg
  • TwitThis
  • Mixx
  • Technorati
  • Facebook
  • NewsVine
  • Reddit
  • Google
  • LinkedIn
  • YahooMyWeb
  • Print News
  • YahooMyWeb

Enter the Security code exactly as you see it in the image security code is CaSe SeNsItIvE(Cookies must be enabled)
  • MORE FROM BUSINESS

  • Kashmir

NIT students protest ‘denial’ of basic amenities

'Institute headless since 2003, sans internet connection '

ADIL BASHIR

Srinagar, Oct 10: Outraged at “denial of basic amenities,” students of National Institute of Technology (NIT) here staged a protest inside the campus on Monday.  They alleged that institute sans basic More



  • Srinagar City

CITY’S FIRST FOOD COURT

This trendy hangout is beyond a routine fast food joint. Here variety comes in style from leading brands like Go! Chaatzz and CCD, at an ambience as enjoyable as plush heels of Suleiman Hills

M HYDERI

IF you are a food lover who wants to relish a cup of globally branded coffee, or enjoy some non-veg barbeque stuff, or wanna have some fresh peppy vegetarian Chaat followed by some hygienically prepared More




  • PaK

‘Shun policy of indifference towards Kashmir’

NISAR THOKAR

Muzaffarabad, Oct 10: Kashmiri leaders hailing from both sides of Line of Control (LoC) on Monday urged the international community to shun its “policy of indifference” towards Kashmir and take effective More



  • South Asia

Pak Taliban seeks Saudi mediation in peace talks with Govt

REZAUL H LASKAR/PTI

Islamabad, Oct 10: The Tehrik-e-Taliban Pakistan has indicated that it is willing to talk to the government but will seek mediation by countries like Saudi Arabia if it receives formal offers to hold peace More



  • World

25 killed in sectarian riots in Egypt

RANIA/PTI

Cairo, Oct 10: At least 25 people, including three soldiers, were killed in deadly clashes between Christians, Muslims and security forces today in the Egyptian capital, the worst unrest since the uprising More



ADD
Designed Developed and Maintaned By Imobisoft Ltd /Algosol Software Solutions