SpreadIt News | Digital Newspaper

The DSM programme in Odisha to get investment of Rs 441.66 crore

In partnership with four DISCOMs, Odisha to get a total investment of Rs 441.66 crore for the demand-side management (DSM) program launched by the Institute for Sustainable Communities (ISC) and Energy Efficiency Services Limited (EESL).

A statement said that JV under the Ministry of Power, Energy Efficiency Services Limited (EESL), along with Institue for Sustainable Communities (ISC), launched utility-based demand-side management (DSM) programme for the DISCOMs in Odisha with support from P4G.

Advertisement

In the state, a total investment of Rs 441.66 crore has been planned in a phased manner, according to the statement.

It also stated that the EESL would take up all the upfront and initial investment for the implementation of the project. In a period of 3-5 years, the same shall be recovered from the participating consumers.

Advertisement

About Rs 12-13 crores of financial savings for the DISCOMs of Odisha would be generated apart from the incentive associates when the utility-based DSM Project is implemented.

It will further lead to financial savings of around Rs 73.57 crores for the consumer of DISCOMs.

Advertisement

Odisha’s Department of Energy, Principal Secretary, Nikunja Bihari Dhal, said that the consumers would also benefit from the programme through reduced energy costs and lowered energy consumption.

Odisha would be able to address energy subsidies, climate change, rising power supply costs, environmental degradation and energy security concerns through DSM.

Advertisement

The end result of the programme will be that there will be depletion in seasonal peak demand, energy savings and also reduction in greenhouse gases emissions.

U.N. Behera, Chairman of Odisha State Electricity Regulatory Commission (OERC) said with growing energy consumption in Odisha catalyzed by urbanization, development of industries and infrastructure, the utility-based DSM programme would ensure that energy efficiency is achieved.

Advertisement

He further added that the Demand-side management programme comes with several benefits and that they want these benefits to reach to DISCOMs as well along with the consumers.

During the initial planning stage, based on the interest shown by TP Central Odisha Distribution Limited (TPCODL) and TP Northern Odisha Distribution Limited ( TPNODL), Odisha was considered as the pilot project.

Advertisement

The aim of the DSM programme is to adopt energy-efficient technology and to reduce the energy consumption.

In Jharkhand and Telangana too this programme is being planned further.

Advertisement