5 January 2018

UDAY States have reduced losses by ₹16,762.64 crore in FY17: Power Minister

UDAY States have reduced losses by ₹16,762.64 crore in FY17: Power Minister
Aggregate technical and commercial losses also saw 1% reduction
The financial losses of States participating in the UDAY Scheme have reduced from ₹51,589.51 crore in 2015-16 to ₹34,826.87 crore in 2016-17, R.K.Singh, Power Minister, informed the Lok Sabha on Thursday.
States participating in UDAY saw a reduction of 1% in their aggregate technical and commercial (AT&C) losses and a ₹0.17/unit reduction in the gap between the average cost of supply and the average revenue realised in financial year 2017.
“Further, the Minister stated that tariffs are determined by the respective State Electricity Regulatory Commission (SERC)/Joint Electricity Regulatory Commission (JERC), taking into consideration several parameters including cost of debt, power purchase costs, operation and maintenance costs, capital expenditure etc,” according to an official press release.
,,,,,Historic event will be hosted by Manipur University
The 2018 edition of the historic Indian Science Congress will be held at Manipur University, Imphal, in March.
The event was scheduled at the Osmania University (OU), Hyderabad, in the first week of January but had to be moved out due to “security problems.” This was the first time the 106-year-old ISC — the largest congregation of scientists in India — had to be postponed at the last minute.
“We’ve got confirmation from the Governor as well as the Chief Minister’s invitation to host the event at Manipur University,” Prof. Gangadhar, general secretary (Membership Affairs), Indian Science Congress Association (ISCA), told The Hindu. They would soon be writing to the Prime Minister’s Office about the dates. The congress sees several students, Nobel Laureates and scientists from India’s science academies in attendance. Fresh registrations would now be required, Mr. Gangadhar said.
Since the days of Jawaharlal Nehru, the ISC was traditionally the first public function the Prime Minister addressed in the calendar year.
..........The 25th edition of National Children Science Congress (NCSC-2017) was recently held Gandhinagar, Gujarat.
The theme of the five-day Congress this was ‘Science and Innovation for Sustainable Development’ with the special focus on persons with disabilities
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