Monthly Meeting Global Compact Society

1
Monthly Meeting Global Compact Society

• REC Corporate Office
• 29th August 2008

2
About REC

• A premier financial institution
• A Development Agency Focus on Rural Semi
  Urban areas
• Incorporated in July 1969
• Nil Budgetary support of Government of India
• A nodal agency to implement GOI programme of
  RGGVY
• Schedule A PSU with Nav Ratna status

contd.
3
About REC

• MOU Award
• Continuously Excellent since 1993-94
• Bagged Top 10 PSUs Award for 1991-92, 2001-02
  2004-05
• Rating
• Domestic Highest ratings by CRISIL, FITCH and
  CARE
• International at par with sovereign rating
  FITCH and MOODY

4

• RAJIV GANDHI GRAMEEN VIDYUTIKARAN YOJANA (RGGVY)
• CDM PROJECT DEVELOPMENT IN DISTRIBUTION SECTOR

5
RGGVY

• In 5 years
• Electrify all villages and habitations
• Provide access to electricity to all households
• Give electricity connection to Below Poverty Line
  (BPL) families free of charge

contd.
6
RGGVY

• Through creation of
• Rural Electricity Distribution Backbone (REDB)
  with atleast on 33/11 kV (or 66/11 kV) substation
  in each block
• Village Electrification Infrastructure (VEI) with
  atleast one distribution transformer in each
  village/habitation
• Decentralized Distributed Generation (DDG)
  systems where grid supply is not feasible or cost
  effective

7
RGGVY-X PLAN PROJECTS

• Target
• Coverage of un-electrified villages - 67,012
  (Nos)
• Coverage of BPL HH -
  83,10,286 (Nos)
• Sanction cost -
  9696.27 (Rs Cr)
• Achievement (As on 16.08.08)
• Electrification of villages - 50,
  316 (Nos)
• Electricity connection to BPL HH - 31,12,212
  (Nos)
• Amount disbursed -
  8394.18 (Rs cr)

contd.
8
RGGVY-XI PLAN PROJECTS

• Target
• Coverage of un-electrified villages - 48,464
  (Nos)
• Coverage of BPL HH
  - 1,58,75,344 (Nos)
• Sanction cost
  - 15,861.89 (Rs Cr)
• Achievement
• Amount disbursed
  - 751.38 (Rs cr)

9
Role of REC in Development of CDM Projects
10
CDM Project Development by REC

• REC designated as Nodal Agency by MoP for
  assisting states in preparation of CDM projects
  in the field of Distribution sector
• So far, no loss reduction/energy savings project
  in distribution sector qualified under CDM and
  also no approved large scale methodology.
• REC in association with KfW, Germany initiated a
  programme for CDM Project Development on pilot
  basis .

contd.
11
CDM Project Development by REC

• PricewaterhouseCoopers (PwC) engaged for
  providing consultancy services for CDM
  development
• In the first instant, a HVDS Project of APSPDCL,
  a beneficiary Discom under REC- KfWs Ist line of
  credit has been chosen for CDM Development.
• Diagnostic study conducted by PwC shows CDM
  Potential in the project

contd.
12
CDM Project Development by REC
Impediments in CDM Project Development The
diagnostic study of PwC reveals the following
major impediments in the CDM Development of the
project in the Distribution sector

• No baseline data available (ie measurable
  technical loss in the project area) because of
  unmetered electrical connection in the
  agricultural area. Even where meters were
  available, the accuracy of the meters and hence
  the meter readings were not reliable
• Even when baseline is established today, the
  baseline may not be permanent since new
  connections in the project area would result in
  possibility of shift in the baseline
• Distributed project activity involving
  complicated monitoring of technical loss

13
CDM Project Development by REC
Baseline establishment Since metering of all
consumers for the purpose of baseline
establishment would involve huge investment,
sampling methodology is proposed. Accordingly,

• Feeders are being classified and grouped based on
  load survey data ( Since load survey data was
  quite old, it had to be redone from field log
  books)
• Meters would be provided in the identified
  feeders and associated agricultural consumers
• Reading would be taken for a minimum period of 1
  year to arrive at baseline loss level.

contd.
14
CDM Project Development by REC

• Pending baseline establishment for the project ,
  4 nos of PDDs have been developed and filed with
  MoEF by APSPDCL on 29th May 2008
• 3 nos of PDD have already been listed in the
  National CDM Authority Meeting of MoEF held on
  13th August 2008.
• 1 no of PDD is listed in the meeting being held
  on 5th September 2008

contd.
15
CDM Project Development

• APSPDCL is in the process of appointing
  validators for the project. Bids invited from the
  accredited validators of CDM EB
• REC is in the process of initiating development
  of methodology
• Energy efficiency projects in distribution sector
• Energy efficient pumpsets
• Sectoral Developments
• Methodology approved for Amorphous Core
  Transformer recently
• Programmatic CDM Project Development for CFL
  replacement is in advance stage being
  coordinated by BEE/CEA/GTZ
• CFL bulbs being provided free of cost for all BPL
  connections under RGGVY during XIth Plan

16
CDM Project Development by REC Salient Features
of PDD
17
Thank you