competition wizard Published this article page no 52 4. Improvement in the quality reliability and affordability of power supply to consumers through a financially sustainable and operationally efficient distribution sector. Issues with earlier initiatives are as follows Insufficient Monitoring mechanism Due to inadequate metering and data collection system in place utilities have not been able to conduct energy audit which is crucial for any energy business. Accountability and Technology Issues The Schemes could not reduce the high Aggregate Technical & Commercial (AT&C) losses due to high Transmission and Distribution (T&D) losses coupled with low collection efficiency. Low level of collection is attributable to lack of employees accountability inadequate collection facilities limited usage of advanced technology billing errors etc. Lack of Consumer Records Schemes have not put in mechanism for maintaining consumer database and asset database which can be addressed through IT and communication solutions. Most utilities maintain manual records of consumers. This leads to mismanagement and losses. Revenue & Expenditure gaps The gap between discoms costs (average cost of supply) and revenues (average revenue realised) which was supposed to have been eliminated by now stands at Rs 0.49 per unit in the absence of regular and commensurate tariff hikes. Electrification and Support structure mismatch The schemes have not been able to address the gap between increasing electrification and related supporting structural mechanism. Under FAMEIndia Scheme incentives are provided to buyers of electric vehicles in the form of an upfront reduction in the purchase price of electric vehicles. As per the information received from Department of Revenue at present the GST rate on electric vehicles is 5%. The GST rates are prescribed based on the recommendations of the GST Council. Electric vehicles are already at the lowest rate slab of 5%. Following steps have been taken by the Government for adoption of electric vehicles in the country The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of battery in the country. Drop in battery price will 135 result in cost reduction of electric vehicles. GST on electric vehicles has been reduced from 12% to 5% GST on chargers charging stations for electric vehicles has been reduced from 18% to 5% competition wizard buy.
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