Interview

No power purchase in spite of availability

The energy efficiency efforts are also having impact.  However there are some constraints on intra regional transmission capacities and discoms ability to pay for power.
Babu Babel, Jt. MD, Secure Meters & President, IEEMA
  Expressing his views on India’s expected power supply surplus in financial year 2016-17, Babu Babel, Joint Managing Director, Secure Meters Ltd says, “There is no doubt that availability of fuel has improved and so has generation capacity. The energy efficiency efforts are also having impact.  However there are some constraints on intra regional transmission capacities and discoms ability to pay for power. This means that power is not being purchased even though it is available and there is demand. We should also not forget that 50 million households, many in rural India still do not have access to electricity.”
According to Babel, the game changer for the transformation is the big change is the way the policies are being set and the progress and operations are being monitored. “Clarity of thought, transparent and rational processes and authority with accountability are the major keys,” adds Babel who is also President of IEEMA.
Contributing with apt technology Secure Meters has contributed to the power sector transformation for last 28 years. It has developed appropriate technology which addresses the utility and end user’s specific need. “We have understood the processes and helped train the people using our technology. We helped many utilities reduce their losses from 58 per cent down 9 per cent. Manipur prepayment is the latest major transformation story. The utility has seen its revenue grow from Rs 2 crore to Rs 20 crore. The end user gets reliable supply and does not want to steal,” shares Babel.
He further adds, “We work with our customers and users to understand their needs and develop a product or service appropriate for that need. We always keep the end user of power in mind. We have a 500 strong R&D team and state of the art manufacturing facilities. We have our offices around the country to support our customers.”
Business opportunitiesLike most Indian companies involved in the electrical sector Secure Meters is cautiously optimistic. “There is no doubt about the central government’s commitment and resolve to grow the sector. The pace and quantum of growth will depend on the ability and efforts of the state owned discoms to make this happen,” he said.

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