The Orissa Electricity Regulatory Commission (OERC) has given its approval to the five year business plan of four power distribution firms, Cesu, Nesco, Wesco and Southco in the state from 2008-09 to 2012-13. This has been done with a focus on reduction of Aggregate Technical and Commercial (AT&C) loss.
OERC has also directed the distribution companies to make investments worth Rs 2550 crore of the total of Rs 5000 crore which needs to be spent on improvement and upgradation of the power distribution system. Of the total amount, the balance would be invested by the state government
OERC observed that the performance efficiency of these companies will depend on the reduction of AT&C loss. This has come down to 40.5 per cent in 2009-10 from 60 per cent in 1998-99.
Source : OERC okays business plan of four discoms
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