Page 5 - Power Distribution

UP power utilities' losses top Rs 80k cr as govt defers privatising firm

Purvanchal Vidyut Vitran Nigam Limited account for the maximum share of Rs 19,373 crore or almost 25 per cent of the total amount

NITI working on index to foster competition in power distribution: Kumar

Niti Aayog has been working on a State Energy Index that is set to foster healthy competition in the states' power distribution space, the think tank's Vice-Chairman, Rajiv Kumar, said on Saturday. The tool will be designed to assess and further improve the performance of states to efficiently manage their energy resources. "Niti Aayog has been working on a #StateEnergyIndex that is set to foster healthy competition in the states' energy #DISCOM space. The index would not only allow for better formulation & implementation of strategies for continuous improvement & management of resources," Kumar said in a tweet. "But also enable a comprehensive assessment of a specific #DISCOM aided by the use of indicators like: viability, access, affordability & reliability of #energy, and even their efforts at #cleanenergy initiatives, energy efficiency and #technology innovation," he added.

Power ministry issues Standard Bidding Document for discoms' privatisation

The SBD will be the guiding document for the state governments which might want to offer their discoms to private companies

L&T's power transmission, distribution business bags 'large' contracts

Larsen & Toubro (L&T) on Monday said its power transmission and distribution business has bagged 'large' contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as per its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 crore. "L&T's power transmission and distribution business has won a prestigious package to establish transmission lines and substations associated with a major infrastructure project in Telangana," the company said in a regulatory filing. The scope of the package involves establishing three new 400 kV substations with reactors, associated bay extensions at connected substations and more than 170 km of 400 kV transmission links, on a turnkey basis, the filing added. The company said it has secured another order from Konkan Railway Corporation Ltd to provide electrical and mechanical systems for two tunnels in the Katra Dharam

Centre, states to share cost of Rs 3-trillion discom reform scheme

Umbrella scheme to include grants for schemes of IPDS, DDUGJY, and have loss-reduction targets

Discoms' outstanding dues to power gencos rise 47% to Rs 1.33 trn in June

Distribution companies (discoms) owed a total of Rs 90,655 crore to power generation firms in June 2019

Jammu and Kashmir LG Murmu dedicates 49 electricity projects to public

He also laid the foundation stone for seven new sub-stations in the union territory

NTPC joins hands with NIIF for investing in RE, power distribution

Plans to build 30 Gw of its overall generation capacity from renewable energy by 2032. It currently has installed capacity of 62 Gw, with 80% thermal power

Five years on, govt's UDAY scheme fails to power bleeding discoms

Shreya Jai compares five-year data that reveals deterioration in the health of discoms

REC kicks off discom package with Rs 2,500 crore to Maharashtra

REC has sanctioned another Rs 3,300 crore for Andhra Pradesh, Rs 2,000 crore for Punjab and Rs 2,032 crore for Rajasthan.

Discoms' debt to hit an all-time high of Rs 4.5 trillion by FY21: Crisil

Higher costs and constrained cash inflows amid declining demand mean the per-unit operating gap of discoms will widen to 83 paise per unit by the end of this fiscal

Centre looks to EPFO, LIC, PSBs to raise funds through power bonds

PFC, REC will first issue bonds based on initial demand from states

FM announces Rs 90,000 cr liquidity infusion in power distribution sector

PFC, REC to extend one-time loans with riders

Aimed at reviving investment, Electricity Bill shows sparks of reform

The draft is long on intent but short on detail

UP orders scrutiny of Torrent Power, Noida Power over distribution pacts

The two companies distribute power in Agra, Noida respectively

Discoms using drones for effective maintenance of power infra in Delh

The technology is also used for accurate assessment of rooftop solar potential and dealing with vegetation encroachment around power infrastructure

Tata Power set to clinch power distribution licence in central Odisha

With this, Odisha will become the first state in the country to completely privatise its power distribution under different models

Better rainfall led to lower thermal power demand in October: Minister

Overall power generation grew by 7.4 per cent in the first quarter and 1.6 per cent in the second quarter of the current financial year

CESC drops plan to demerge power generation and distribution business

Shashwat Goenka inducted to the board of CESC as its vice-chairman and additional director, subject to the necessary approvals

Economic slowdown, falling industrial demand hurting power consumption

Gujarat saw 1.1% fall in demand, Maharashtra 2.63% in April-September period