Discoms

Discom dues fall to ₹3,300 crore from ₹1.39 trillion: Shripad Yesso Naik

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

Discoms' legacy dues reduce to ₹3,300 cr from ₹1.39 trn in 4 years: Govt

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 signs PPA with Maharashtra discom MSEDCL for solar projects

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 .

Rajasthan discoms get relief as Centre agencies cut loan interest rates

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

MSEDCL plans year-end IPO, to hive off agricultural load into new firm

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

Rajasthan discoms aim to double PM Surya Ghar Yojana installations in 2026

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 calls for one-time discom debt takeover, green bonds for N-power

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

Expedite loss reduction works, Andhra chief secretary tells power officials

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 ...

Link power tariff hikes to inflation, suggests expert report to 16th FC

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

State power discom profits hide a deeper and unresolved fiscal problem

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

Rewiring power reforms: Discom profitability is an encouraging start

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

Gujarat, Odisha power discoms lead this year's performance rankings

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

India's power reforms: New policy aims to address persistent fault lines

The policy rightly recognises that tariff dysfunction is at the heart of the sector's problems

Power discoms post ₹2,701 crore profit in FY25 after years of losses

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

Rajasthan Chief Secy directs discoms to accelerate PM-KUSUM implementation

He also directed that projects with a capacity of 3,000 megawatt (Mw) under the scheme be developed by March 2026

Mundra resolution, renewables portfolio are key drivers for Tata Power

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

Jaipur Discom action plan targets full recovery of dues in top defaulters

Engineers have been instructed to prioritise revenue collection through awareness campaigns and settlements by organising camps

JSW Energy arm signs agreement to supply 400 MW to Karnataka discoms

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

Centre releases ₹37,000 cr under RDSS to boost power distribution

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 power demand hits November record; peak touches 4,486 MW in fortnight

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