Page 13 - Discoms

Power engineers demand audit of privatised assets, impact on banks

Public sector technocrats oppose alleged privatisation of power supply channels

Payment security mechanism to benefit gencos, may hurt discoms: CRISIL

The power ministry has made it mandatory for discoms to open and maintain sufficient letters of credit as a payment-security mechanism under power purchase agreements signed with generation companies

Union Budget 2019: Discoms buying from gas units to now get subsidy

Of the 24,150 Mw of gas-based power generation capacity, 14,305 Mw has no supply of domestic gas

Budget 2019: UDAY to be reviewed, new power tariff reforms on anvil

This is the first time in years that a finance minister has announced several reforms to reduce consumer electricity tariff

Regulatory assets provision to be removed in next power tariff policy

The Ministry of Power recently blamed the SERCs for not ordering regular tariff revision

Govt bars defaulting discoms from short-term power purchases in open market

Letter of Credit to be mandatorily used as payment security mechanism for long-term PPAs signed by loss-making discoms

CEA designs model for discoms' power sale and purchase

UDAY-II will focus on loss reduction in discoms

State-owned discoms' debt set to rise to pre-Uday levels of Rs 2.6 trn

According Crisil, discoms have to become commercially viable through prudent tariff hikes and a material reduction in aggregate technical and commercial losses

Discoms slip back into the red, clouding India's '24x7 power' dream

'Power' conundrum: Deeply connected but not yet electrified

Discoms' outstanding dues to power generators rise 24% to Rs 39,498 cr

In October 2017, the discoms' dues to power-producing companies stood at Rs 31,676 crore

State-owned discoms' outstanding dues to gencos shoot up to Rs 282 bn

Power demand has witnessed a spike recently. In the last quarter, the demand growth was 7.67% and in October, it crossed 12.6%

Icra pegs Rs 850 bn subsidy dependence for discoms amid low tariff hikes

Rating agency Icra has estimated a subsidy dependence of Rs 85,000 crore amid low tariff hikes allowed for discoms in 2018-19, and expects improvement in thermal plants capacity utilisation or PLF in near to medium term. "The domestic electricity demand growth is likely to remain at about 5 to 6 per cent in near to medium term, supported by thrust towards rural electrification, expected recovery in industrial/ commercial segment along with some improvement in the paying capacity of the state-owned distribution utilities," Girishkumar Kadam, Sector Head & Vice President, Icra Ratings, said in a statement. However, Kadam said the augmentation of domestic coal supply to meet such increase in demand for the IPPs/ Gencos remains crucial, and as a result, any delay in ramping up of coal supplies from domestic sources will lead to increase in the dependence on coal imports as seen during FY2018. The all India electricity demand growth slowed down to 3.1 per cent on a year-on-year basis ..

Discoms likely to consider PPAs as short-term power rates rise

Rising coal prices also pose a challenge for state distribution companies

State discoms hike industry power rates

Try to keep steady inflow of revenues under UDAY

Cash-crunched discoms hinder growth of renewable energy projects

Said banks charge high interest due to projects built in high-risk states known for payment issues

Discoms recover Rs 3K cr till mid-December post-demonetisation

UDAY scheme was launched for revival of the debt stressed power distribution companies

Discoms to turn around by next year thanks to UDAY, says power secretary

Centre working to improve energy efficiency and demand-side management

Surplus power may cause Rs 8K cr loss to discoms in FY'17

Generators can now apply for a no objection certificate from the KERC to sell their surplus power outside the state

Gujarat discoms lead the pack in annual rating

UP, Rajasthan laggards; subsidies and mounting losses cited for sick status

Delhi discoms asked to pay consumers for power cuts

DERC orders compensation payment for unscheduled outages of more than 2 hours