Page 9 - Discoms

Two BSES discoms pay Rs 400 cr in dues to NTPC-owned Aravali Power

Last week, NTPC served notices to six states and two Union Territories for non-payment of dues, saying it would shut off or restrict power supply if the discoms failed to clear their dues

Discoms' outstanding dues to power gencos rise 35% to Rs 1.41 trn in Nov

In November 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,29,868 crore as against Rs 93,215 crore in the year-ago period

New electricity rules give consumers across India the right to 24x7 supply

DISCOMs have to ensure minimum standard of service under Electricity (Rights of Consumers) Rules, 2020

Discoms' dues to generators jump 34% to Rs 1.2 trillion amid Covid-19 hit

The pandemic continues to have a wider impact on India's power sector in the current financial year, affecting both demand and supply, and hiking the stress levels of state discoms

Discoms' outstanding dues to power gencos up 29% to Rs 1.38 trn in Oct

Distribution companies (discoms) owed a total of Rs 1,06,734 crore to power generation firms in October 2019

Power sector employees stage protest against privatisation of discoms

Power sector employees on Thursday held nationwide protests against the government's decision to privatize discoms, the All India Power Engineers Federation (AIPEF) said. They also demanded withdrawal of Electricity (Amendment) Bill 2020 and scrapping of the standard bidding document (SBD). "Lakhs of power sector employees including engineers, today held nationwide protests seeking the withdrawal of Electricity (Amendment) Bill 2020, scrapping of SBD and opposed the privatization of power distribution companies (discoms) in states and union territories," AIPEF spokesperson V K Gupta said in a statement. Gupta said protest meetings were held in all the states and union territories, including Uttar Pradesh, Punjab, Haryana, Jammu & Kashmir, Maharashtra, Telangana, Tamil Nadu, West Bengal, Gujarat, Madhya Pradesh, Assam, among others. He noted that the power engineers did not join Thursday's strike called by ten central trade unions and just staged a simple protest to highlight

Discoms' outstanding dues to power gencos rise 28% to Rs 1.38 trn in Sept

The overdue amount in September 2020 has increased from Rs 1,22,090 crore in August 2020

Best of BS Opinion: US' election system, privatisation of discoms, and more

Here's a selection of Business Standard opinion pieces for the day

SBD: A useful first step in power reforms

Power ministry is setting the stage for much-needed investments and efficiencies into the sector through privatisation of discoms - with a framework in the form of a draft Standard Bidding Document

The case for coupling of power exchanges

A single market-clearing price will not kill competition

Discoms' outstanding dues to power gencos rise 37% to Rs 1.33 trn in August

The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms

Delhi's peak power demand reaching pre-Covid levels as economy opens up

n September this year, the peak power demand was just 5.9 per cent lower as compared to the corresponding month last year

Loans worth Rs 70K cr sanctioned to discoms under liquidity package: Govt

Finance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clearing their outstanding dues till March 2020

Tata Power, India Power Corporation submit bids for three discoms in Odisha

The bids were called earlier this year for Western, Southern and Northern Electricity Supply Companies, namely WESCO, SOUTHCO and NESCO.

Discoms' outstanding dues to power gencos rise 36% to Rs 1.29 trn in July

Power producers' total outstanding dues owed by distribution firms rose over 36 per cent year-on-year to Rs 1.29 trillion in July 2020, reflecting stress in the sector.

Electricity Consumer Rights: Power Ministry publishes first draft

While the Act currently has a consumer charter, the latest draft empowers users and has introduced new supply rights for them

New power play

The draft proposal may not address discom losses

SC upholds APtel order granting compensatory tariff to Adani Power plant

The case pertains to the cost incurred by Adani Power Rajasthan on sourcing costlier imported coal due to lack of domestic coal supply

DERC's power tariff for 2020-21 will add to financial challenges: TPDDL

The Delhi Electricity Regulatory Commission (DERC) announced the new tariff on Friday, saying no hike was considered due to the COVID-19 pandemic

Power Ministry advises gencos to cap late payment surcharge at 12%

Power ministry has advised power generation and transmission firms to levy the late payment surcharge on discoms at not more than 12% in view of the stress in the sector amid Covid-19 pandemic