Discoms

The Delhi government has ordered a CAG audit of power discoms against the backdrop of a staggering Rs 38,500 crore accumulated over the years as Regulatory Assets (RA) that are to be recovered from consumers. The Comptroller and Auditor General (CAG) of India will undertake a "strict and intensive" audit of the circumstances under which discoms - BSES Rajdhani Power Ltd (BRPL), BSES Yamuna Power Limited (BYPL) and Tata Power Delhi Distribution (TPDDL) - have continued without recovery of regulatory assets, according to an order issued by the Power Department of the Delhi government on Wednesday. The audit may preferably be completed within three months from the date of communication of the order, subject to any extension that the CAG may consider according to the scope and complexity of the audit, the order said. Commenting On the order, a BRPL spokesperson said, "The question of a CAG audit of the Delhi discoms is currently sub judice before the courts. As the matter is under ...

Tata Power has written to the Odisha chief secretary seeking clearance of dues, warning that unpaid bills are adding to borrowing costs and financial strain

The CEA wants a new fixed-charge framework to help discoms recover costs, but experts say tariff redesign cannot replace operational and regulatory reforms

The Centre is considering a national framework to rationalise fixed charges and redesign retail tariffs to improve cost recovery and reduce financial stress for discoms

ICRA said discoms' cash gap is likely to remain elevated in FY27 as muted tariff hikes and higher power purchase costs strain finances

Fresh data from the Grid Controller of India shows that electricity demand met by the grid touched a peak of 256.11 GW at 3:38 pm on Saturday, 25 April, up from 252.11 GW recorded on Friday, 24 April

Tribunal rejects DERC's plea for more time, flags delay in clearing regulatory assets; move may lead to higher power tariffs in Delhi

Unless tariff policy is revamped, India's discoms will be more obstacles than catalysts in the transition to a renewables-driven electrostate

Outstanding dues of power discoms fall to Rs 3,300 crore from Rs 1.39 lakh crore in 2022, aided by LPS rules and reforms to improve financial health of utilities

Outstanding legacy dues of power distribution utilities or discoms reduced to Rs 3,300 crore in March this year from Rs 1.39 lakh crore in June 2022, Parliament was informed on Thursday. Government of India notified the Electricity (Late Payment Surcharge and Related Matters) Rules, 2022 on June 3, 2022. As per the rules, all dues owed to generating companies (IPPs, CPSEs, and Renewable Energy Developers), traders, and TRANSCOs, including late payment surcharges, accrued up to June 3, 2022, were classified as legacy arrears. These arrears were required to be rescheduled, with distribution licensees paying them in Equated Monthly Installments (EMIs), stated Minister of State for Power Shripad Naik in a written reply to the Lok Sabha. The rules also provide a framework for the time-bound clearance of current dues. As a result, the outstanding legacy dues have reduced from Rs 1,39,947 crore as on June 3, 2022 to Rs 3,330 crore on March 27, 2026, the minister stated. Distribution ...

Ceigall India on Wednesday said it has signed power purchase agreements with Maharashtra state utility MSEDCL for two solar projects of 337 MW capacity to be set up at an investment of Rs 1,369 crore. Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) signed power purchase agreements (PPAs) with the company's two wholly-owned subsidiaries on March 24, Ceigall India said in an exchange filing. The agreements cover the development of solar photovoltaic power-generating stations with a combined capacity of 337 MW under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0). The first project, with a capacity of 190 MW, will be developed across four districts in Maharashtra and another with a capacity of 147 MW will span two districts. The combined EPC value of the projects stands at approximately Rs 1,369 crore (inclusive of GST). The execution timeline for the projects is 18 months. Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said, "These PPAs .

Loan rate cuts by Power Finance Corporation and Rural Electrification Corporation ease debt pressure on Rajasthan discoms, freeing funds for power infrastructure

Maharashtra discom to separate agri load, shift it to solar DRE projects and clean up its balance sheet before launching an IPO targeting up to 10% government stake dilution

After the state introduced a scheme offering 150 units of free electricity per month, customers have become more inclined towards rooftop solar plants, according to Dogra

Niti Aayog has proposed a one-time, conditional discom debt takeover and green bond financing for nuclear power, alongside broader power and transport sector reforms to support India's net-zero goals

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 ...

An expert report to the 16th Finance Commission suggests inflation-linked power tariff hikes could ensure timely revenue recovery for discoms and help consumers avoid sharp increases

After a decade of losses, the state discoms reported profits of about ₹2,700 crore in 2024-25, a turnaround from the losses of over ₹25,000 crore the previous year

India's discoms return to profitability after a decade of losses, boosted by fuel cost pass-through, smart metering, and sector reform incentives

Gujarat's power utilities and Odisha's private discoms emerged as top performers in the latest power ministry rankings, while utilities in Telangana and Jharkhand featured among the weakest performers