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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 […]

L&T Finance partners with Ather Energy to offer up to 100% of Loan-to-Value (LTV) on Electric Vehicles (EV) – 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. […]

Shuzlan Energy has signed an agreement with Transvolt Mobility to offer electric vehicle (EV) charging solutions, marking a significant step towards enhancing EV infrastructure – 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 […]

L&T Finance partners with Ather Energy to offer up to 100% of Loan-to-Value (LTV) on Electric Vehicles (EV) – 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

According to an executive from Energy Vault, India requires subsidies to achieve its renewable energy targets, emphasizing the crucial role of financial incentives in promoting sustainable energy solutions – 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 […]

According to an executive from Energy Vault, India requires subsidies to achieve its renewable energy targets, emphasizing the crucial role of financial incentives in promoting sustainable energy solutions – 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 […]

Airtel to source 23,000 MWh renewables by Q4 for six Nxtra data centres – 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 […]

According to an executive from Energy Vault, India requires subsidies to achieve its renewable energy targets, emphasizing the crucial role of financial incentives in promoting sustainable energy solutions – EQ

Discoms’ outstanding dues to gencos nearly halved to Rs 62,681 cr in Jan – EQ Mag

Total outstanding dues owed by electricity distribution companies (discoms) to power producers almost halved to Rs 62,681.68 crore in January, compared to Rs 1,21,030 crore in same month in 2022. Experts said this substantial reduction in the discoms’ total outstanding is mainly due to various steps taken by the government, like implementation of late payment […]

Shuzlan Energy has signed an agreement with Transvolt Mobility to offer electric vehicle (EV) charging solutions, marking a significant step towards enhancing EV infrastructure – EQ

Suo Motu Petition on the issues regarding issuance of regular electricity bill including consumer billing as per actual reading by the DISCOM’s – EQ Mag

Suo Motu Petition on the issues regarding issuance of regular electricity bill including consumer billing as per actual reading by the DISCOM’s. For more information please see below link:

Draft HPERC (Multi Year Wheeling Tariff & Retail Supply Tariff) Regulations, 2023 – EQ