Page 12 - Discoms

Rajasthan commission revises power tariff with 11% hike at Rs 4800 crore

The revised tariff will generate additional revenue of Rs 792 crore in the last two months (February and March) of the current fiscal year

Discoms owe Rs 81,085 cr to power producers in Nov 2019, amount up 45%

The overdue amount in November has also risen over the preceding month, with the total overdue amount for October standing at Rs 70,477 crore

Delay in project execution, Icra revises outlook for RE sector to negative

Looking at the challenges, Icra said it expects no growth in capacity addition in FY2020 and will remain at about 8.5-9.0 GW similar to FY2019

AAP govt extending undue benefits to discoms, claims Delhi Congress

"We demand a CBI inquiry into it... We also promise that if the Congress comes to power in Delhi, we will transfer the subsidy directly into the bank accounts of consumers," he said

Depoliticise power

Power sector's structural problems are revealed again

CARE ratings sees higher counterparty risk from Telangana discoms

CARE Ratings has maintained a negative outlook for 13 solar generators that are selling electricity to financially-stressed distribution companies (discoms) in Telangana

Green shoots: State-run banks, NBFCs tilt towards renewable energy projects

The second of a three-part series on credit pick-up looks at renewable energy sector, which is facing issues like cancellation of projects and grid curtailment

Stressed discoms' dues to power gencos rose 48% to Rs 81,010 cr in Oct

However, the overdue amount in October has increased over preceding month of September. The total overdue amount was Rs 65,155 crore in September.

Andhra discoms not to raise tariffs for certain sectors in 2020-21

Discoms plan to leave domestic, commercial, industrial and agriculture consumers largely untouched during the year 2020-21

Not all state power distribution cos see financial benefit in smart meters

A smart meter has a modem (communication device) and a remote switch by which demand, supply and billing can be monitored and controlled remotely

Smart metering faces hurdles as not all discoms see financial benefit in it

The plan is also up against supply issues with vendors reluctant to deliver to certain states due to payment concerns

Power gencos' outstanding dues on discoms rise 37% to Rs 70,000 cr in Sept

In September this year, total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 52,408 crore as against Rs 34,658 crore in the same month last

Country's future more important than polls: Power minister R K Singh

Singh said consumers deserve choice in power supply and at affordable rates

UDAY comes a cropper, puts power distribution companies in the red

The rising cost of power, along with increased power demand due to electrification schemes, has increased the expenditure of discoms

Power gencos' outstanding dues on discoms rise 57% to Rs 78K cr in August

Power producers give 60 days' time to discoms for paying bills for the supply of electricity. After that, the outstanding becomes overdue and generators charge penal interest on that in most cases

Power gencos outstanding dues on discoms jump 57% to Rs 73,000 cr in July

According to PRAAPTI portal, discoms owed a total of Rs 46,779 crore to power generation companies in July 2018.

Renewable firms can take discoms to NCLT: Power ministry to Andhra govt

Renewable power project developers are staring at weak cash flows from their projects in Andhra Pradesh

Govt mulls new power tariff policy, UDAY 2.0 for resolving discoms losses

Power Minister said that under the new tariff policy, the discoms would have to pay a surcharge for delayed payments

RBI can use Centre's state transfers for discom defaults: CEA panel

The report recommended a trade receivable discounting system for ensuring timely payments to power generating companies

Discoms may be asked to pay 50% advance payments to power companies

The ministry of power on June 28 had issued an order mandating opening and maintaining of letter of credit as a payment security mechanism