Patna,(BiharTimes): The Bihar State Electricity Board (BSEB) has been incurring a loss of more than Rs 3.5 crore every day despite Bihar government’s monthly subsidy of Rs 225 crore to it. The state government departments and private consumers owe an outstanding power dues to the tune of Rs 6,000 crore to the BSEB.
According to its chairman, P K Rai, the Board incurs a monthly loss of Rs 110 crore. This in spite of the fact that Bihar government gives Rs 180 crore as monthly subsidy to the BSEB. In addition, the government gives Rs 45 crore to the Board for purchasing additional power from the open market to meet the increasing demand.
He admitted that the monthly revenue collection has touched Rs 250 crore whereas it was just Rs 124 crore in 2010. So in total, BSEB gets Rs 475 crore monthly but the shortfall is still Rs 110 crore per month.
The BSEB chairman said that out of the total arrear of Rs 6,000 crore only 18 percent are dues on government departments and remaining on big private defaulters.
He said several government departments have paid its arrear amount by adjusting the amount from its interest amount and loan. He also said that several matters related to the outstanding dues of consumers are still pending in court and under litigation.
Rai said that a large number of households and premises are either without metre or defective metres, which causes huge loss to the Board. Out of the total 33 lakh power consumers in the state, one third are without having metre.