Storage to be open access for any consumer to use, can own and invest in green energy projects
State-owned discoms across the country are financially and operationally beleaguered despite four reform schemes in the past 15 years
The amendment pertains to delicensing of power distribution that would have paved the way for any company to supply electricity in an area, after necessary regulatory approval
On a sequential basis, total dues in June increased from Rs 1,30,139 crore in May 2022
Delhi's power purchase cost has risen by 300% since 2014 but the tariff has only risen by 90%
While India's target for 2030 is 500 GW of non-fossil generating capacity, the present grid connected installed capacity (including large hydro) is about 165 GW
Floats tender worth Rs 4,000 crore to procure the meters; installation to start by October
Government seeks another round of power distribution reform and boost renewable energy
The payment delays to the state-owned distribution companies are common, leading to a build-up of receivables from off-takers and an increase in working capital debt for renewable energy companies
Total amouny owed to gencos at record Rs 1 trillion; scheme enables discoms to pay up in 48 instalments, freezes amount outstanding as on notification date
The Union Ministry of Power recently asked six states to clear their dues to power generating stations and national miner Coal India (CIL).
The sizzling heat pushed the peak power demand in Delhi to 7,070 MW, the highest ever in May, late on Thursday night, discom officials said.
Most state-run utilities are debt-laden and will have to import more coal to fire their power plants due to reduced local supply
New far-off plants are costlier and start supplying power much after the older ones have been run at peak. This summer, despite the call to phase out plants over 25 years, they've proved their worth
The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per cent in 2022-23, Icra said on Tuesday. On May 5, Ministry of Power (MoP) issued a directive under Section 11 of the Electricity Act, stating that all imported coal-based power plants shall operate and generate power at their full capacity to meet the growing demand, Icra stated. As per this directive, all states and power generating companies (gencos) based on domestic coal will have to import at least 10 per cent of their fuel requirement for blending with domestic coal and meet the growing demand for electricity. This directive by the ministry is valid till October 31, 2022. As the present power purchase agreements (PPAs) do not provide for a pass-through of the fuel cost for these projects, the tariff for supply from these plants under PPAs shall be worked out by a committee with representatives from the MoP, Central Electricity ..
Power producers give 45 days to discoms to pay bills for electricity supply. After that, outstanding dues become overdue and generators charge interest on that in most cases.
Union Power Minister R K Singh on Saturday said electricity distribution utilities in Delhi will get as much power as required by them.
Independent power producers and renewable energy providers account for three-fourths of owed amount
Power producers give 45 days to discoms to pay bills for electricity supply. After that, outstanding dues become overdue and generators charge penal interest on that in most cases.
Delhi's peak power demand rose to its highest-ever level of 4,648 MW for the month of March, which was recorded as the warmest in the country in 122 years, the discoms said on Wednesday