In Short : Madhya Pradesh plans to launch dedicated energy police stations to curb power theft and recover around ₹11,000 crore in outstanding electricity dues. The initiative aims to strengthen enforcement, improve revenue realisation for discoms, and enhance overall power sector efficiency by addressing illegal connections, billing losses, and long-pending recoveries across the state. In […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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