Page 11 - Discoms

Make reforms work

Govt has to find a way to remove the stumbling blocks

Power distribution companies in UTs to be privatised, says Finance Minister

Sitharaman said privatisation of discoms will lead to better service to consumers and improvement in operational and financial efficiency in power distribution

Tata group, Adani, CESC may join the race to buy BSES companies

Clouding the valuation will be dues to generation firms and a possible CAG audit

FM announces Rs 90,000 cr liquidity infusion in power distribution sector

PFC, REC to extend one-time loans with riders

FM has leveraged banks and PSUs to deliver the goods

The credit angle is interesting for them as the Rs 3 trillion to be disbursed by banks would go as collateral free debt for four years with a 12-month moratorium

Aimed at reviving investment, Electricity Bill shows sparks of reform

The draft is long on intent but short on detail

Average spot power price dip 25% to Rs 2.42 per unit in April amid lockdown

Besides, the power sales volume at 4,052 million units (MU) last month was down 6.6 per cent as compared to the year-ago period, an IEX statement said.

Centre owes Rs 3 trillion to states and industry amid Covid-19 outbreak

Assocham President Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of I-T, VAT, and GST, and compensation

Covid-19 outbreak: For big electrical players, lockdown only a blip

Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.

Covid-19 lockdown: Power demand may fall in FY21, first in 15 years

The stress in the power sector is likely to impact 25 Gw of capacity tied up in short-term sales.

Power for growth

Draft Bill aims to address the fault lines in the sector

Covid-19: Maharashtra discoms turn to energy exchanges for cheaper power

On March 26, the peak demand in the state, excluding Mumbai, was 13,664 MW as compared with 19,029 MW on the same day in 2019.

Centre likely to lower tariff for discoms to ensure uninterrupted supply

The demand met was down by about 29 per cent at 121.38 GW on April 10 compared to 170.52 GW on the same day last year.

Discoms obligated to pay for electricity within 45 days: Power Ministry

As per the relief granted last month, the distribution companies will need to either deposit or give Letter of Credit (LoC) for 50 per cent of the cost of power they want to buy

Coronavirus impact: Power demand falls 20%, discom revenues to be hit

Power engineers write letter to PM Modi seeking moratorium on payments

NTPC extends payment deadline of outstanding dues for discoms till March 17

State-owned power giant NTPC has decided to extend the deadline for defaulting discoms for making payment of outstanding dues till Tuesday next week, post which electricity supplies will be snapped. NTPC has given this breather to the defaulting discoms in view of Holi festival on Tuesday after some discoms assured that they will clear the dues. Later last month, the NTPC had given notices to these discoms for making payment of overdue outstanding amounts, saying that power supply would be cut on from midnight tonight. An outstanding becomes overdue after 60 days of rasing the bill against power supplied to a discoms or state. The gencos generally charge penal interest on these overdue amounts. According to the notices available on the company's portal, these defaulting discoms are in Uttar Pradesh, Telangana, Karnataka, Jammu & Kashmir, Delhi, Odisha, Bihar, Manipur, Mizoram, Kerala, Sikkim and Puducherry. "Due to mounting outstanding dues of around Rs 10,950 crore, the NTPC has

Discoms need more than just smart metering

Prepaid smart metering is only a tool, not the solution to the power distribution sector's woes

Power demand forecast cut, but govt won't acknowledge CEA survey

According to CEA report, electricity demand to grow lower than the 5% projected

Discoms using drones for effective maintenance of power infra in Delh

The technology is also used for accurate assessment of rooftop solar potential and dealing with vegetation encroachment around power infrastructure

Discoms' outstanding Dec dues to power gencos up nearly 50% to Rs 88,177 cr

Discoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka and Tamil Nadu account for the major portion of dues to power gencos