AP plans to invest more in T&D systems
Hyderabad: The chief minister of Andhra Pradesh, Dr Y.S. Rajasekhara Reddy, has said that the State would increase investment in the power sector transmission and distribution (T&D) network. A statement from the chief minister's office, said that the State is planning to add one 400 KV Substation in every district. The investment in T&D for the five-year-period (2004-05 to 2008-09) in the State will be Rs11,487 crore.

The state has made an investment of Rs3,725 crore in strengthening T&D in the last two years. AP Transco has planned an investment of Rs7,762 crore in the next three years for further improving the network to meet the increasing demand, particularly in rural areas. Out of this, Rs5,292 crore is planned for distribution and Rs2,470 crore for transmission.
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CII advises oil conservation measures
New Delhi: The Confederation of Indian Industry (CII) has asked for oil conservation measures R. Seshasayee, president of the Confederation of Indian Industry (CII), said, "The current situation of oil prices averaging $74 per barrel "makes a revision in oil prices in India, inevitable". He added that any further delay in oil price revision was inadvisable. Seshasayee also felt the need to reduce the dependency on imports. He said the country should target to cut consumption by seven per cent, which in turn "would translate to about Rs9,000 crore of savings on the oil import bill at today's prices."

Currently, the country imports around 95 million tonnes of oil per year.

He stressed the need for adoption of large-scale accelerated conservation measures by the industry. CII represents the interest of the oil producing and marketing companies as well as the users and therefore, would advocate pro-active conservation measures so that the "country can look at a tangible target of reducing oil consumption".
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