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SEC is engaged in
the business of power distribution in the franchise
area of 52 Sq. kms of the Surat city. Surat is the
Economic Capital of the Gujarat, being the main
business center for the Textile, Diamond and Jari
Industries. The global diamond industry witnessed
a sharp growth in demand of uncut and polished diamonds
where India’s importance is well recognized.
Here, Surat plays the role of the largest diamond
center in the country. Technological up-gradation
in this industry by laser machine technology has
led to a sharp increase in electricity consumption.
In the textile segment also, rapid modernization
through concerted efforts, introduction and increased
usage of TFO machines by the major players has contributed
to higher electricity consumption. The Company’s
fortune is closely linked to the fortunes of the
textile and diamond industries. Any slow down or
recession in these industries can significantly
alter the Company's financials.
Currently SEC sources its entire bulk power requirement
from the Gujarat Electricity Board (GEB). GEB
feeds power to SEC at 66 kV voltage levels at
its various receiving stations, strategically
located all over the city. SEC’s consumers
are supplied power either at 11 kV (to its HT
Consumers) or at 400 / 230 volts (to its LT Consumers).
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