Added that sustained delays could put Rs 30,000 crore of debt in stress New Delhi: Payment risk from discoms has resurfaced for wind power projects, with Madhya Pradesh, Maharashtra, Rajasthan and Andhra Pradesh toting up dues of Rs 5,450 crore to 156 renewable projects as of January 2021, according to CRISIL. It added that this […]
Telangana discoms default on payment to solar developers
Telangana discoms default on payment to solar developers New Delhi: Telangana state electricity distribution companies (discoms) have not paid outstanding dues of around ₹3,200 crore to solar power developers, two people in the know said, requesting anonymity. The last payment made by state discoms was for electricity supplied till March 2020. The development may dent […]
Doldrums to continue for power distribution sector: Ind-Ra
New Delhi: Ratings agency India Ratings and Research has maintained a negative outlook on the power sector for FY22, on account of a further weakening in the financial position of distribution companies due to Covid-19 led business disruptions. According to the ratings agency, the discoms relief package of Rs 1.25 trillion was expected to reduce […]
SOLAR ROOFTOP: PERSPECTIVE OF DISCOMS
SOLAR ROOFTOP: PERSPECTIVE OF DISCOMS For more information please see below link:
Performance based Incentive Scheme for DISCOMs for expeditious development of Grid Connected Rooftop Solar Power Plants
Performance based Incentive Scheme for DISCOMs for expeditious development of Grid Connected Rooftop Solar Power Plants For more information please see below link:
Policy and regulatory framework for DISCOMs in the offing: PM Modi
Consumers should be able to choose their supplier according to performance like any other retail commodity, he said. New Delhi: Asserting that reforms in the regulatory and process framework have significantly “improved” the outlook towards the power sector, Prime Minister Narendra Modi on Thursday said the Centre is working to remove problems in the distribution […]
Rs 1.25 lakh cr loans sanctioned under power discoms liquidity package
Finance Minister Nirmala Sitharaman had announced Rs 90,000 crore liquidity infusion into cash-strapped discoms facing demand slump due to the COVID-19 crisis. New Delhi : Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by state-owned non-banking finance firms Power Finance Corporation and REC Ltd under the liquidity package for stressed power […]
Budget 2021: Maha energy minister says state will not allow privatisation of discoms
He alleged the budget proposal to give consumers alternatives to choose their distribution company is a ploy to hand over the power sector to “crony capitalists”. Mumbai : Maharashtra’s Energy Minister Nitin Raut on Friday said the state government will not allow for the privatisation of state-run discoms. He alleged the budget proposal to give […]
APERC forms expert panel for short-term power purchase
The commission noted that a rational methodology, like an actual demand forecast model, would help the discoms contract the short-term procurement well in advance at cheaper prices. VIJAYAWADA: The Andhra Pradesh Electricity and Regulatory Commission (APERC) has constituted an expert committee to come up with a methodology to be followed for approval/ratification of short-term power […]
Govt to focus on loss-making discoms for next 3-4 yrs to achieve ’24X7 power for all’: Official
Talking about the continuous losses of discoms, he said there is a gap between the actual rate of supply of power and the cost recovered from consumers New Delhi: The government’s spotlight will be on electricity distribution utilities or discoms, which are mostly state-run and cash-strapped due to losses, to achieve the goal of 24X7 […]