Page 8 - Power Discoms
New norms for power purchase by discoms to revive PPAs
The Government of India is working on new norms for power purchase by electricity distribution companies (discoms) that promise to revive demand for power purchase agreements (PPAs). The long-term PPAs have dried of late due to weak industrial power demand and tepid offtake."If the new norms are enforced, the discoms no longer need to pay a fixed cost to the power generating companies. They will only pay for the power bought. This measure will improve the financial health of the discoms and encourage buying of more power especially from the stressed thermal power assets", said an Odisha government official in the know.Poor financial health of the electricity discoms has impacted offtake. Mounting AT&C (aggregate technical & commercial) losses coupled with operational inefficiencies of the state discoms has led to their outstanding debt shooting to Rs 3.95 lakh crore.Weak industrial demand for power has seen the average Plant Load Factor (PLF) of thermal power producers- both ..
 "New norms for power purchase by discoms to revive PPAs")
Power discoms to save Rs 20,000 crore a year by using MERIT app, says Goyal
MERIT portal displays information regarding the merit order of electricity procured by states
 "Power discoms to save Rs 20,000 crore a year by using MERIT app, says Goyal")