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
The policy rightly recognises that tariff dysfunction is at the heart of the sector's problems
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
He also directed that projects with a capacity of 3,000 megawatt (Mw) under the scheme be developed by March 2026
Tata Power's FY30 ambitions hinge on scaling renewables, transmission and distribution, while a long-term Mundra thermal resolution could revive profitability and lift sentiment
Engineers have been instructed to prioritise revenue collection through awareness campaigns and settlements by organising camps
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 Centre has released Rs 37,000 crore under RDSS-38% of sanctioned support-with fund disbursal tied to DISCOMs meeting milestones and state-specific action plans
Delhi's power demand surged in November as winter set in early, with peak load hitting 4,486 MW in the second half of the month. Discoms expect winter demand to rise further
The Power Ministry and the Ministry of Finance are discussing the final details of the bailout, with an announcement expected in the February budget, said two of the government sources
According to analysts, CESC's bull-case target of ₹200 assumes timely recovery of regulatory assets (RA) by FY30E, 3.2GW of RE at ~17 per cent RoE, and the new solar manufacturing venture.
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 ...
States must shift open access from a reluctant concession to a core strategy, as lower power costs for industries are key to the wider energy transition