Competition, More Competition = Loot = AAP 67 Out 70 MLAs
All the talk of Competition and Competition and Competition results in LOOT. I am jointly addressing Talk Of Competition and how Competition MEANZ Loot in India and Tata Power CEO Anil Sardana article in ET.
Before Sardana was appointed CMD of Tata Power it traded at Rs.1600/share – today 52 week trade Rs.67 to Rs.91 – lost 95% value. NDPL indulged in MEGA SCAMS; T&D, Trading in Energy Purchase & Sales and Fabricated theft cases. Two are covered today.
I accidently took out July14 Electricity Bill - it was Quadruple of latest bill. Within days of AAP government left Delhi and lost LS2014 Elections electricity bills doubled. People of Delhi couldn’t believe DAYLIGHT LOOT of NDPL, BRPL, & BYPL.
The very first opportunity people got – Elected AAP again winning 67 out 70 seats.
This Inventor & Power Engineer in 1975 found TRF Coal Handling Plant at BTPS Project to be Substandard and Offered JRD Tata to improve it – 42 yrs later we find TP indulging in all kinds of SCAMS.
TP Market share in Generation is 5%, Distribution 2% of India. TP and many other Tata Group Companies Could have been Global Leader.
1. POWER TRADING SCAM; Buy 13.9 BU, Cons Sales 7.9 BU
Private Discoms Are Operating Trading Companies also, ENRON indulged to TRADING Rigging in California in 2001 – in 15 years Private Companies Mastered this Scam. Since 2010 I had Exposed ‘TRADING SCAM OF DISCOMS’ who Buy 50% More Energy Than Required at upto Rs.19/U & Sell Surplus Power cheaply – Rs.2.60/U FY15.
NDPL Prosed to buy 13.9 BU 2015-16 of Power against 7.9 BU sales and 8.9 BU required at state boundary. When AAP Government came to power in 2013 – This loot was CHECKED. TP wanted to buy 13.9 BU of Power – 4.6 BU more than required but was allowed to buy 10.5 BU of Power – Sale of Surplus Power Approved was 1.46 BU only - 3.8 BU earlier.
4.91 The Petitioner has projected 4434 MU of surplus power --- The Petitioner proposes the sale of estimated surplus power of 4339 MU at Rs.2.65/unit. FY2014-15 when AAP was out of power in Delhi.
4.95 It has been observed that, the rate of Surplus Power realised by
DISCOMs varies from Rs.2.31/U to Rs. 3.31/U during last three year.
4.101 TPDDL has projected 4616.97 MU of surplus available for sale which shall be sold and the sale proceeds shall entirely go towards reducing the net power purchase cost charged to TPDDL consumers.
2. Fabricated THEFT Cases – Domestic Consumers.
In six months of Door to Door Campaign against Discoms including NDPL I didn’t come across a SLOW DOMESTIC METER – but all meters were 3% to 60% Fast, yet NDPL launched Fabricated Theft cases.
Here in latest NDPL ARR – for Sanctioned of 3664 MW – Sales were 3371 MU – this is just 10.5% Load Factor. Avg monthly consumption shall be 76 U/Kw.
But in 2005 Domestic Consumers were EXTORTED to pay Rs.5 Lakh for 5 Kw Load when average billing was Rs.3.20/Unit – Rs.2.5/U for Domestic Users.
Against 380 U/Month [5KW Load] or 4560 U/Year – Consumers Were Extorted to Pay for 2,00,000 Units in Fabricated Theft Cases by Anil Sardana.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 9871056471, 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
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