As I reflect on the last decade, it is undeniable that India’s power sector has undergone a profound paradigm shift. Our strides are nothing short of remarkable – our nation generated approximately 1625 billion units of electricity in FY 2022-23, transitioning from a power-deficient state to a self-sustaining powerhouse. This journey encapsulates India’s steadfast commitment to clean, affordable, and universally accessible energy, with renewable sources propelling us to the global forefront, boasting the fourth-largest installed capacity.
In the year 2022, at the Conference of the Parties of the UNFCCC (COP27), India underscored the pivotal role of the electricity sector in steering towards a low-carbon future and industrialization. The unveiling of Long-term Low Emissions and Development Strategies (LT-LEDS) reaffirmed our commitment to achieving a zero-carbon future by 2070, with a crucial focus on goals within the power industry. However, this journey has not been without its challenges, particularly the financial health of distribution companies (DISCOMS), grappling with cash-based losses amounting to a staggering Rs 10 lakh crore over the past 15 years, attributed to issues like power theft, Aggregate Technical and Commercial (AT&C) losses, meter tampering, and inaccurate billing.
Recognizing the urgency of addressing this crisis, the Indian government, under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi, launched a transformative initiative last year – the Revamped Distribution Sector Scheme (RDSS). Crafted as a lifeline for DISCOMS, the RDSS aims to bolster operational efficiency and financial sustainability. Conditional financial assistance is extended to fortify supply infrastructure, contingent upon meeting pre-qualifying criteria and achieving basic benchmarks linked to financial improvements. The scheme’s diverse objectives include reducing AT&C losses to pan-India levels of 12-15%, closing the Average Cost of Supply (ACS)-Average Revenue Realised (ARR) gap to zero by 2024-25, and enhancing the overall quality, reliability, and affordability of power supply. As part of this initiative, the government has launched a nationwide effort to distribute meters for transformers and feeder lines, a crucial step in energy accounting. Currently, only 40% of distribution transformer metering has been completed, while feeder line progress stands at a commendable 80%.
Unlike its predecessors, the RDSS scheme significantly emphasizes smart metering, strategically aligned with India’s energy goals. Implemented in a public-private partnership (PPP) mode, prepaid smart metering emerges as a cornerstone for consumer empowerment. These meters, providing real-time monitoring and eliminating the need for manual readings, have demonstrated their effectiveness with a staggering 95% reduction in bill correction cases.
Efficient power transmission with minimal losses is paramount in modern times, and state-of-the-art transformers play a pivotal role in achieving this goal. With over 35 years of experience, Servokon Systems Ltd. stands out as a leader in this field. Our expertise lies in producing power transformers and conditioning solutions, including Distribution Transformers, Hermetically Sealed Transformers, Solar Transformers, Furnace Transformers, and Compact Substations.
Servokon’s Power Transformers, with capacities up to 50 MVA and up to 66kV primary/secondary voltage class, undergo rigorous type testing at NABL-approved laboratories to ensure superior quality and workmanship. These transformers, vital in transmission networks for voltage level adjustment, minimize energy losses. Meeting state electricity board requirements, they find applications across diverse sectors, from power generation stations and mining to wind and solar projects.
Beyond transformers, Servokon’s product portfolio spans Servo Voltage Stabilizers, Automatic Stabilizers, Online UPS, Packaged Substations (PSS), HT and LT Electrical Panels, and Geysers. The company offers off-grid and on-grid solar power systems, aligning with India’s aspirations for reduced carbon footprints and energy independence.
As I navigate this transformative odyssey in India’s distribution sector, Servokon remains steadfast in its commitment to advancing sustainable energy solutions. Together with the RDSS scheme, we are not merely shaping the future but catalyzing a sustainable, resilient, and empowered tomorrow for India’s power landscape. With every step forward, we are forging a path toward a brighter, more sustainable energy future for our nation.
