Bangalore: A major power development and reform programme was launched in Karnataka today, covering 99 towns in the state.
This is the first part of the Rs465.59 crore Restructured Accelerated Power Development & Reforms Programme (RAPDRP), of which the Centre has sanctioned Rs388.34 crore and Rs77.25 crore is to be borne by Electricity Supply Companies (ESCOMs) in Karnataka, Karnataka minister for power K S Eshwarappa said at a function here.
Officials said the RAPDRP’s objective is to bring down losses in ESCOMs by concentrating on urban areas having a population of more than 30,000 as per the 2001 census.
Part A of the RAPDRP is focused on determining aggregate technical and commercial (AT&C) losses in urban areas and providing the IT backbone to each of the ESCOMs to computerise their major functions relating to customer relations and asset management, they said.
Principal secretary (Energy) and ESCOMs chairman K Jairaj said Part A RAPDRP would be completed in three years, adding, the entire loan (Rs388.34 crore from the Centre) along with interest would be converted into grants by the union government once the required conditions are met.
The Karnataka government aims to bring down AT&C losses from 23-24% to 15% in two years, he added.