The department has stopped deploying personnel to take meter readings physically as lockdown has been in place in view of Covid-19 pandemic. VIJAYAWADA: The Andhra Pradesh Electricity Regulatory Commission (APERC) on Friday approved the power distribution companies (discoms) to issue April power bill provisionally as per the March bill for all low tension (LT) consumers. […]
Ind-Ra expects payments to gencos remain uneven even after June 2020, based on the collection ability of the discoms. The overall situation could result in leverage increasing across the sector because of an increase in working capital borrowings Amid lockdown to contain coronavirus infection, bill collections of discoms would have a significant impact and their […]
The rating agency estimates the pandemic could lead to the thermal plant load factor (PLF) falling below 55 per cent for 2020-21, closer to the technical minimum standards, on account of a gradual ramp-up in industrial load and the muted electricity demand New Delhi: Thermal power plant load factor or capacity utilisation could fall below […]
In the letter on Monday, the ministry said late payment surcharge is applicable in case of nonpayment of dues within the stipulated period. This surcharge in most cases goes up to 18 per cent per year NEW DELHI: With its relief being construed as a moratorium on payments, the Union power ministry has clarified that […]
Uttar Pradesh Power Corporation (UPPCL), in a letter to the SECI on March 27, had claimed that discoms are facing a “drastic reduction in collections due to three-week lockdown”. Adding to the existing uncertainties over irregular payments to renewable energy-based power producers, state-run Solar Energy Corporation of India (SECI) has refuted the claim of Uttar […]
The entire country was put under a three-week lockdown starting March 25 to arrest the spread of the coronavirus pandemic. A few states like Maharashtra had already been under a lockdown or preparing for one starting March 15 Mumbai: The ongoing lockdown is set to dent electricity demand by a fourth as economic activity sputters […]
Distribution companies (discoms) owed a total of Rs 67,012 crore to power generation companies in January 2019, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators). Power producers’ total outstanding dues owed by distribution firms rose nearly 32 per cent to Rs 88,311 crore in January […]
The Distributed Solar Power Association, a body of solar rooftop developers, likely to soon file a petition before the Haryana Electricity Regulatory Commission protesting the power discoms’ reluctance. BENGALURU: Around 1000 MW of solar projects in Haryana are unable to transmit power because distribution companies are not giving them the required connectivity, aggrieved solar developers […]
Union Power Ministry committed to ensure 24×7 electricity supply during lockdown Payment security to be reduced by 50 percent Directions issued to CERC to provide three months’ moratorium on Discoms to make payment to Gencos and transmission and no penalty on late payment; States requested to issue similar directions to SERCs New Delhi: Despite the […]