ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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BSES-From Distribution to Generation

BSES-From Distribution to Generation

BSES From Distribution to Generation BSES, incorporated in 1929, is one of the largest private sector power company in country. Financial institutions hold a controlling stake with 51.75 percent, 29,74 per cent is held by individuals, other corporate bodies 6.08 per cent, foreign institutional investors and nationalised banks 3.52 per cent and 0,22 per cent, respectively. The company recorded a turnover of Rs 1,160 crore for the year ended March 1995, an improvement of over 20 per cent over Rs 964 crore recorded in the previous year. A zero tax provision saw net profit spurt to Rs 147 crore from Rs 71 crore for the same period, though gross profit grew at a modest rate of 27 per cent, from Rs 134 crore to Rs 170 crore. A dividend of 26 per cent has been declared by the board of directors. BSES provides electricity to suburban Bombay from Mahim in the south to Bhayander in the north covering an area of 420 sq km. It supplies electricity to nearly 1.6 million consumers in the city of Bombay, of which 50 per cent are domestic, 20 per cent industrial and 3.5 per cent commercial consumers. At present the demand faced by BSES is 900 MW which is expected to increase to 1,200 MW by the year 1999-2000. The company is investing close to Rs 869 crore in an effort to modernise its distribution network, with an emphasis on system improvement. The company plans to create modern system coded and data augumentation (SCADA)-based load despatch centre to service this demand. The biggest share of the total investment has been earmarked for replacing the cables, some of which are nearly 40 years old. Of the total investment 33 per cent will be on 11 KVLT( low tension) lines, which connect the network to the final consumer. The company spent Rs 130 crore receiving stations, on the installation of electrostatic meters for high tension (industrial) and low tension (LT) consumers. All these moves are expected to reduce transmission losses. Transmission and distribution losses stood at 14 per cent in the year under review, down by 1 per cent, and the company hopes to bring these down to 12 per cent by 1996-97. At the present level of operations a saving of 1 per cent translates into a gain of nearly Rs 14 crore, and the company has been giving due attention to cutting down these losses. While technical loss depends on the high and low tension consumers and may be around 8 per cent the rest can be accounted for by pilferage. Apart from replacing electricity meters and laying down cables the company has divided the licensed area into four zones for power distribution, to monitor the transmission and distribution losses. This would make it easy for the company to zero in on the problem areas.

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