+
Separate entity for intra-state electricity transmission in Tripura
POWER & RENEWABLE ENERGY

Separate entity for intra-state electricity transmission in Tripura

A senior government official stated that the Tripura government has established a separate entity for the state's electricity transmission in order to reduce the aggregate technical and commercial (AT&C) losses of the power sector. State Power Secretary Brijesh Pandey disclosed that Tripura State Power Transmission Ltd (TPTL) was established this month as a power transmission subsidiary of Tripura State Electricity Corporation Limited (TSECL).

The official was a member of a delegation which recently went to New Delhi to sign a contract with NTPC for the development of projects in the northeastern state for renewable energy. “It was difficult to separate a transmission segment from TSECL. However, with the assistance of the government and various stakeholders, it was doable," the official stated.

Power generation, distribution, and transmission in Tripura were previously the domain of TSECL. He stated that AT&C's losses, which were 31.7 percent in FY2021-22, will be reduced with the assistance of a dedicated entity for power transportation within states. He stated that the objective is to reduce it to 28 per cent in FY23. For power transmission throughout Tripura, the new entity will receive power from the National Grid from OTPC, NEEPCO, and Agartala-based TSECL. Since January 14, 2023, TPTL has been operational.

A senior government official stated that the Tripura government has established a separate entity for the state's electricity transmission in order to reduce the aggregate technical and commercial (AT&C) losses of the power sector. State Power Secretary Brijesh Pandey disclosed that Tripura State Power Transmission Ltd (TPTL) was established this month as a power transmission subsidiary of Tripura State Electricity Corporation Limited (TSECL). The official was a member of a delegation which recently went to New Delhi to sign a contract with NTPC for the development of projects in the northeastern state for renewable energy. “It was difficult to separate a transmission segment from TSECL. However, with the assistance of the government and various stakeholders, it was doable, the official stated. Power generation, distribution, and transmission in Tripura were previously the domain of TSECL. He stated that AT&C's losses, which were 31.7 percent in FY2021-22, will be reduced with the assistance of a dedicated entity for power transportation within states. He stated that the objective is to reduce it to 28 per cent in FY23. For power transmission throughout Tripura, the new entity will receive power from the National Grid from OTPC, NEEPCO, and Agartala-based TSECL. Since January 14, 2023, TPTL has been operational.

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

DGTR Proposes Anti-Dumping Duty on Aluminium

The Directorate General of Trade Remedies (DGTR) has proposed imposing an anti-dumping duty of up to Rs.577 per tonne on aluminium frames imported from China, as reported by the Economic Times. This move aims to address concerns about unfair trade practices and protect the domestic aluminium industry from the adverse effects of low-cost imports. The proposed anti-dumping duty comes in response to allegations that Chinese aluminium frames are being sold in the Indian market at prices below fair market value. Such practices are deemed harmful to domestic manufacturers, potentially leading to ma..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Talk to us?