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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 […]

Five-day 41st Steering Committee Meeting of International Partnership for Hydrogen and Fuel Cells in the Economy begins in New Delhi – EQ

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 […]

Five-day 41st Steering Committee Meeting of International Partnership for Hydrogen and Fuel Cells in the Economy begins in New Delhi – EQ

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. […]

Gensol Engineering sets up 160 MW solar project in Gujarat at Rs 128 cr – EQ

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 […]

Five-day 41st Steering Committee Meeting of International Partnership for Hydrogen and Fuel Cells in the Economy begins in New Delhi – EQ

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

With 10 big solar projects, Bundelkhand on way to become new ‘power house’ of UP – EQ

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 […]

With 10 big solar projects, Bundelkhand on way to become new ‘power house’ of UP – EQ

Discoms to submit report on electricity subsidy to Centre every quarter – EQ Mag

The draft rules suggest penalties to be levied on discoms for faulty subsidy accounting, raising erroneous subsidy bills The Union Ministry of Power has proposed to streamline electricity subsidy and its accounting, and would direct power distribution companies (discoms) to report details of electricity subsidy disbursal and its monitoring. Through an amendment to the Draft […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Discoms have ‘nefarious interest’ to delay multi-point power scheme: UP Electricity Regulatory Commission – EQ Mag

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has severely reprimanded two power distribution companies, Paschimanchal Vidyut Vitran Nigam Ltd (PVVNL) and Madhyanchal Vidyut Vitran Nigam Ltd (MVVNL) for poor progress of power meter conversion. The Commission feels that it is due to some ‘nefarious interest or goblin mode’ that the two discoms are not putting […]

With 10 big solar projects, Bundelkhand on way to become new ‘power house’ of UP – EQ