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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 […]

Public Participation for Utilization of Renewable Energy towards Net Zero Emission target – 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 […]

Public Participation for Utilization of Renewable Energy towards Net Zero Emission target – 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. […]

International Solar Alliance In Talks With Africa50 To Manage $200 Mn Africa Solar Facility – 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 […]

Public Participation for Utilization of Renewable Energy towards Net Zero Emission target – 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 […]

Honeywell commissions India’s first BESS for Lakshadweep project – 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 […]

Honeywell commissions India’s first BESS for Lakshadweep project – EQ