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UHBVN achieves 6 per cent reduction in AT

Chandigarh, Feb 15 (UNI) The Uttar Haryana Bijli Vitran Nigam (UHBVN) has achieved over six per cent reduction in the Aggregated Transmission and Commercial (AT&C) losses upto December during the current financial year.

Giving details, a Nigam spokesman said the AT&C losses had been brought down from 40.51 per cent from April to December, 2006 to 33.88 per cent from April to December, 2007.

He said the collection efficiency had also gone up from 83.76 per cent during April to December 2006 to 92.24 per cent during April to December 2007, thanks to the campaign launched by the Nigam to disconnect power supply of the non-payers.

He said the collection efficiency of the Nigam had been more that 100 per cent during the months of May and November, which was 104.63 per cent and 100.16 per cent respectively mainly due to the electricity bills waiver scheme, surcharge waiver scheme and disconnections.

The spokesman said the Nigam had specifically directed the field officers to disconnect the supply of those non payers immediately whose dues had been more or who had never opted for the electricity bills waiver scheme in rural and surcharge waiver scheme in urban areas.

He said the Nigam was making strenuous efforts to purchase power from all available sources even at higher rates to meet the growing demand of consumers.

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US' pharmaceutical company obtains licensing rights from IMTECH

New Delhi, Feb. 24 (ANI): The US-based Nostrum Pharmaceuticals has obtained worldwide licensing rights from the Indian-based Institute of Microbial Technology (IMTECH), to develop and commercialise Caerulomycin A, and its proprietary derivatives and analogues for their novel indication and immunosuppression.IMTECH is a constituent laboratory of the Council of Scientific and Industrial Research (CSIR),Significance of the deal lies in potential of Caerulomycin to develop into a blockbuster drug to be used to prevent organ transplantation rejection and diseases such as.....
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