competition wizard Published this article page no 51 The scheme involves a compulsory smart metering ecosystem across the distribution sector—starting from electricity feeders to the consumer level including in about 250 million households. 6. Scheme also focuses on funding for feeder segregation for unsegregated feeders. 7. The Scheme has a major focus on improving electricity supply for the farmers and for providing daytime electricity to them through solarization of agricultural feeders. Implementation Existing power sector reforms schemes such as Integrated Power Development Scheme Deen Dayal Upadhyaya Gram Jyoti Yojana and Pradhan Mantri Sahaj Bijli Har Ghar Yojana will be merged into this umbrella program. Each state would have its own action plan for implementation of the scheme rather than a onesizefitsall approach. Nodal agencies for the schemes implementation are Rural Electrification Corporation (REC) Limited and Power Finance Corporation (PFC). The schemes cost is borne by the Centre and state governments in a 32 ratio. The state governments will be free to borrow from either RECPFC or from other financial institutions to mobilise the funds. Objectives of the scheme 1. Reduction of average aggregate technical and commercial loss to panIndia levels of 1215% by 2024 25. 2. Narrow the deficit between the cost of electricity and the price at which it is supplied to zero by 2024 25. 3. Developing institutional capabilities for modern DISCOMs competition wizard buy.
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