Page 88 - e-Budget Speech - Final
P. 88
New Delhi Municipal Council | Budget 2019 – 20
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8. RECEIPTS
8.1 Receipts from Electricity Distribution
8.1.1 In the year 2017-18, 1502 MUs of power were procured by NDMC at
a cost of Rs. 817 crore. The expected power requirement in the year 2018-19
is 1563.21 MUs of power and likely cost of procurement of this power is Rs.
839.08 crore. The bill collection efficiency, which was 94.3% in the year
2015-16, has been increased to 99.5% in the year 2017-18. This is likely to
improve further in the year 2018-19.
8.1.2 I envisage to establish a analytics in Commercial Department to fully
harness the potential of these meter and enable NDMC to save revenue
outflow through billing efficiency, lower AT&C losses, optimising the
sanctioned load, pre-paid metering, net-metering, etc.
8.1.3 NDMC is in possession of very old meters ranging from analog,
electromechanical to static and now smart meters. Therefore, it is proposed to
prepare a small museum to showcase these meters for the information of
general public.
8.1.4 The total revenue receipts from Electricity Distribution have been
projected in RE 2018-19 at Rs.1306.24 crore as against actuals Rs.1224.53
crore in the year 2017-18. The projections for BE 2019-20 are at Rs.1411.34
crore.
8.2 Receipts from Property Tax
The collection efficiency of NDMC in property tax has increased significantly
during preceding years. We are expecting to collect property tax of Rs.665.00
crore in 2018-19 against the collection of Rs. 574.43 crore and Rs. 711.10
crore in the year 2016-17 and 2017-18 respectively. In the year 2019-20, we
plan to collect Rs.650.00 crore. I do not propose any increase in Property Tax
rates for the year 2019-20.
8.3 Receipts from Licence Fee from Municipal Properties
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