Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Tuesday 29 June 2021

Conditions Apply

 


 

Context :

FM unveils an outlay of Rs 3.03 lakh cr for Reform-Based Result-Linked Power Distribution Scheme

 

Extract :

Among key measures announced by the Finance Minister Nirmala Sitharaman was also a stimulus of Rs 3.03 lakh cr for Reform-Based Result-Linked Power Distribution Scheme.


FM on Monday announced that Revamped Reforms-Based, Result-Linked power distribution scheme of financial assistance to DISCOMS for

#   Infrastructure creation,

#   Up-gradation of system,

#   Capacity building and

#   Process improvement ,

was announced in the Union Budget of 2021-22.


Under the scheme, participation is contingent on pre-qualification criteria like ,

#   Publication of audited financial reports,

#   Upfront liquidation of State Government’s dues/subsidy to DISCOMS  

#   Non-creation of additional regulatory assets.

Further, the scheme is aimed to assist with the installation of

#   25 crore smart meters,

#   10,000 feeders,

#   4 lakh km of LT overhead lines.

==================================================

MY TAKE :

 

Smt Sitharamanji,


This financial assistance to DISCOMS ( most of them in red with losses running into hundreds of crores and no money to pay their dues to Power Supply companies – Govt or Private ), is a welcome step


You talk of “  assisting the DISCOMS with installation of 250 million Smart Meters “ , which is sufficient to cover ALL the households in India


Please make this “ mandatory “ ( and FREE as far as the household is concerned ), in place of “ assisting


Link the release of FUNDS in some direct proportion to the number of Smart Meters that gets installed by a DISCOM


As far as these smart meters are concerned, kindly consider the SPECIFICATIONS described in my following earlier e-mails :

Ø  A Pre-paid Electricity Meter ? ………………………..[ 19 May 2017 ]

Ø  Electrifying : Smartly ……………………………………..[ 25 Sept 2017 ]

Ø  Smart Meter : No Pending Payments ?...........[ 08 Dec 2017 ]

Ø  A Smart Move , Shri Singh ! …………………………..[ 07 June 2018 ]

 

Madam Sitharamanji,

 

By “ mandating “ that DISCOMS must install smart meters ( to benefit from the funds ), you would be doing nothing less than setting in motion an ENERGY  MANAGEMENT  REVOLUTION  as described in my following e-mail :

Ø  Carbon Finance through Carbon Credits …………..[ 12 Mar 2021 ]

 

Where I suggested :


Ø  These INTERNET-CONNECTED appliances will continuously relay / transmit these data to the SMART ELECTRIC METER installed in each home

 

Ø  In turn, each SMART METER will relay / transmit to concerned DISCOM ( and to any other specified govt agency servers ), such usage / consumption data, through Internet ( IoT / Internet of Everything ).

 

Ø  These data-transfer will be separate for EACH INDIVIDUAL APPLIANCE

 

Ø  This will enable DISCOM / concerned Agencies, to know / monitor, IN-EFFICIENT appliances, operating above the CERTIFIED THRESHOLD for each type of appliance

 

Ø  Appliances operating “ above “ the threshold, will be assigned / allotted “ CARBON DEBITS “ , whereas those operating “ below “ the threshold, will be assigned “ CARBON CREDITS “

 

Ø  If the NET of these two is POSITIVE ( + ), that home will be incentivized by a lower tariff – and vice-versa

 

Ø  This model ( of INCENTIVIZATION ) must be further strengthened by measuring the amount of ROOF TOP Solar Power , flowing into the SMART METER , with appropriate linkages to CARBON CREDIT

 

Ø  This linkage will motivate a large number of households to install ROOF TOP solar panels

 

Ø  This scheme will enable us to take the CARBON MARKET / CARBON CREDIT / CARBON FINANCE concept, right inside our 290 MILLION  households !

 

Ø  All manufacturers of House-hold Electric Meters must be told to manufacture only SMART ELECTRIC METERS , starting April 2022


    All DISCOMS to replace existing meters in each and every home, with a SMART METER, by April 2024

 

 

With regards,

Hemen Parekh  /  hcp@RecruitGuru.com  /  30 June 2021

  

 

 

 

 

 

 

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