Mumbai – Serentica Renewables, a leading renewable energy company in India, has signed a landmark Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 MW of round-the-clock renewable power. This marks India’s first-ever “load-following” PPA, designed in coordination with SECI and state DISCOMs to match the seasonal load profile of […]
SECI deal: DISCOMs expecting 1k MW in Jan – EQ
In Short : The Solar Energy Corporation of India (SECI) expects distribution companies (DISCOMs) to procure approximately 1,000 MW of renewable energy in January 2024 from ongoing auctions. This procurement follows SECI’s efforts to address the energy demand, though challenges remain with the unsold capacity from previous auctions. DISCOMs are encouraged to finalize agreements for […]
At least 85% of power from VGF-funded Battery Energy Storage Systems projects to be first offered to Discoms before making it available for others: Union Power and New & Renewable Energy Minister – EQ
In Short : The Union Power and New & Renewable Energy Minister has outlined a policy where a minimum of 85% of power generated from Battery Energy Storage Systems projects funded through Viability Gap Funding (VGF) will be initially provided to Discoms (Distribution Companies) before making it accessible to other entities. This approach prioritizes support […]
Minimum share of consumption of RE by DISCOMS – EQ
Minimum share of consumption of RE by DISCOMS For more information please see below link:
Government puts in place additional measures to improve financial health of Discoms with streamlining the process of accounting, reporting, billing and payment of subsidy by States to the Distribution Companies – EQ Mag
Actions to be taken by State Commissions to ensure subsidy accounting and payment as per actual energy consumed Broad Framework for financial sustainability of the power sector has been prescribed Central Government prescribes Rules for AT&C loss trajectory, sharing of losses and gains for deviation from such trajectory, Pass through of power procurement and development […]
RTI Issue Tender for Supply of Energy Portfolio Management System (EPMS) for Discoms – EQ Mag
RTI Issue Tender for Supply of Energy Portfolio Management System (EPMS) for Discoms. For more information please see below link:
Discoms’ dues down by a third to Rs 93,000 crore in less than a year of enforcing Late Payment Surcharge Rule – EQ Mag
Experts believe the strict implementation of the Late Payment Surcharge (LPS) Rules can make the power sector more viable. The total outstanding dues of electricity distribution utilities (discoms) has reduced by a third to around Rs 93,000 crore in May, less than a year after implementing the Late Payment Surcharge (LPS) Rules in June 2022. […]
Hon’ble KERC rejected deterring demands of DISCOMs for Renewable Base Open Access in Karnataka – EQ Mag
In a battle to gain monopoly in Power Supply Market in the C&I segment the DiSCOMs have been demanding for various regulatory amendments like Steep Rise in the Fixed Charges and reduction in variable Tariffs, Change in the TOD slots and making generating hours of renewables as off peak in place of presently Normal Hours […]
Discoms have not adhered to MPERC orders on power tariff hike – EQ Mag
Bhopal: Discoms have not adhered to instructions issued by MPERC while notifying new amendments, while increasing power tariff by 5% from April 24. Discoms are proposing fuel cost adjustments on monthly basis now. The move to increase power tariff from April 24, which will…Read More… Source: PTI
Delhi Electricity Regulatory Commission to seek ‘clarity’ on discoms’ audit – EQ Mag
The DERC, which has been directed to conduct a special audit of power subsidy provided between 2016 and 2022, will ask the government for terms of reference and the legal position of the exercise New Delhi : The Delhi Electricity Regulatory Commission (DERC), which has been directed to conduct a special audit of power subsidy […]