COMPANY MEETING
CALCUTTA ELECTRIC CORPORATION
THE 43rd annual general meeting of the Calcutta Electric Supply Cor- poration, Ltd., was held on May 6th at Victoria House, Bloomsbury Square, W.C. The Right Hon. Lord Meston of Agra and Dunottar, K.C.S.I. (the chairman), presided, and, in moving the adoption of the report, said that the year had been one of steady progress. Domestic current consumption rose by nearly 6 per cent, and power consump- tion by over 8 per cent., but owing to the important concession on rates introduced in 1938 trading receipts only increased by 3 per cent. In the industrial department jute was the controlling factor, and owing to the war contracts their peak load ran up to over 140,000 K.W., as compared with a highest of xiz,000 K.W. The new super station at Mulajore was brought into commission by strenuous effort, and the first 30,000 K.W. set was started on October 7th. The station was formally opened by the Governor of Bengal in January. Their third generating set for the completion of the present stage was re- quisitioned by the Government while actually on board ship for Cal- cutta. Another set was being made but could not be installed before the winter of 1941 In the trading account receipts increased by £41,000, but charges to be met rose by £96,000. The period was one of exceptional difficulty owing to generous reductions in tariff, while carrying the cokt of heavy capital developments.
The report and accounts were agreed to.
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