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Andhra Pradesh Chief Secretary K Vijayanand on Saturday directed power Distribution Companies to expedite the Revamped Distribution Sector Scheme loss reduction works, observing that a measurable reduction in aggregate technical and commercial losses is critical for the financial sustainability of power utilities. During a review meeting, the chief secretary noted that the southern state is according high priority to Revamped Distribution Sector Scheme (RDSS) implementation to ensure financial viability of DISCOMs, reduce aggregate technical and commercial (AT & C) losses and reliable power supply to all consumer categories. Andhra Pradesh Southern Power Distribution Company Ltd (APSPDCL), Andhra Pradesh Central Power Distribution Corporation Ltd (APCPDCL) and Andhra Pradesh Eastern Power Distribution Company Ltd (APEPDCL) are the three DISCOMs. "Expedite RDSS loss reduction works and ensure time-bound completion with strict quality controlmeasurable reduction in aggregate ...
Power distribution utilities in the country collectively recorded a profit of Rs 2,701 crore in FY25 after having incurred losses for several years, an official statement said on Sunday. Distribution utilities as a whole have been reporting losses for past several years since unbundling and corporatization of State Electricity Boards. The utilities collectively posted a loss of Rs 25,553 crore in FY24 and a loss of Rs 67,962 crore in FY14, the power ministry said in a statement. Commenting on the profit in FY25, Power Minister Manohar Lal said this marks a new chapter for the distribution sector and is a result of several steps taken by the ministry to redress the concerns of the distribution sector. India is driving not only its growth but also the growth of the world, with the energy sector playing a significant role in this," Lal said. He said the government is committed to the required reforms in the sector so that the power sector can support India's growing economy and play
JSW Energy on Friday said its arm JSW Energy (Utkal) Ltd has signed a Power Purchase Agreement (PPA) with multiple Karnataka discoms for supply of 400 MW of power, starting April 1, 2026. The electricity will be supplied for a tenure of 25 years at a tariff of Rs 5.78 per kWh, a JSW Energy statement said. With this PPA, JSW Energy's open capacity reduces to 5 per cent of the current operational capacity from about 8 per cent, further strengthening long-term revenue visibility and de-risking the company's generation portfolio. The company's total locked-in generation capacity now stands at 30.5 GW, comprising 13.3 GW of operational capacity, 12.4 GW under construction across thermal and renewable projects, 150 MW of hydro capacity under acquisition, and a 4.6 GW development pipeline. It also has 29.4 GWh of locked-in energy storage capacity, including 26.4 GWh of hydro pumped storage projects and 3.0 GWh of battery energy storage systems. It remains committed to its strategic goals
The Tata Power-led Odisha discoms on Monday launched a 1-kW rooftop solar scheme, enabling households to generate around 100 units of electricity per month, officials said. The scheme was launched under the Utility-Led Aggregation (ULA) model, as part of the government's flagship PM Surya Ghar Muft Bijli Yojana. While setting up a 1-kW solar system typically requires an investment of Rs 65,000-Rs 75,000, under the ULA model, consumers are required to make a one-time payment of Rs 5,000, the company said in a statement. The bulk of the cost is met through central and state subsidies, aggregated and facilitated by Tata Power-led Odisha discoms. "With a 1-kW rooftop solar system, households can generate around 100 units of electricity per month, leading to average annual savings of nearly Rs 5,000. This translates into consistent relief in monthly electricity bills while supporting Odisha's renewable energy ambitions," said Gajanan S Kale, chief of Tata Power's Odisha distribution ...