Discoms facing headwinds from rising costs, modest tariff hikes, and adoption of additional norms by lenders: ICRA. For more information please see below link:
Andhra Pradesh: Discoms expect power crisis in July-August, plan green projects – EQ Mag Pro
VISAKHAPATNAM: The Andhra Pradesh energy department is anticipating another spell of electricity shortage in July-August as uncertainty continues over coal stocks at thermal stations. The onset of the southwest monsoon in the coming days may hamper mining and transportation of coal. The thermal plants were unable to address a minor spike in power demand this […]
Discoms can now settle dues through EMIs within four years – EQ Mag Pro
Mumbai: The government on Friday allowed electricity distribution companies to settle their dues to power generating companies and transmission companies in equated monthly instalments (EMIs). As per the Electricity (Late Payment Surcharge and Related Matters) Rules, 2022 notified on Friday, total dues including late payment surcharge up to the date of the notification of these […]
Power Ministry working on a scheme to liquidate the past dues of Discoms – EQ Mag Pro
Discoms owe Rs. 1,00,018 Cr as on 18th May 2022 to the Generating Companies Discoms to be allowed to pay dues in upto 48 number of monthly instalments; to save around Rs. 19,833 Crore on late payment surcharge Electricity consumers to get relief of this amount as it will not be passed on in retail […]
Discoms to mandatorily purchase from ICB plants – EQ Mag Pro
The Union ministry of power may invoke Section 11 of the Electricity Act, 2003 to make it mandatory for state-run electricity discoms to buy power produced from imported coal. The move follows discoms’ reluctance to buy costlier power from imported coal-based (ICB) units, which were earlier directed by the ministry under the same section to […]
Measures to ease power supply constraints with higher coal imports are likely to increase the cost of supply for discoms by 4.5 -5.0% in FY2023: ICRA – EQ Mag Pro
Measures to ease power supply constraints with higher coal imports are likely to increase the cost of supply for discoms by 4.5 -5.0% in FY2023: ICRA. For more information please see below link:
Higher Coal Imports May Push Power Supply Cost For Discoms By 4.5- 5%: Icra – EQ Mag Pro
The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per cent in 2022-23, Icra said on Tuesday The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per […]
Discoms outstanding dues to gencos rise 4 pc to Rs 1,21,765 cr in May – EQ Mag Pro
Total outstanding dues of electricity distribution companies to power producers rose by 4.04 per cent year-on-year to Rs 1,21,765 crore in May 2022, according to the official data. Discoms owed a total of Rs 1,17,026 crore to power generation firms in May 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for […]
Discoms’ outstanding dues to gencos rise 17.3 pc to Rs 1,23,244 cr in April – EQ Mag Pro
Total outstanding dues owed by electricity distribution companies (discoms) to power producers increased by 17.3 per cent year-on-year to Rs 1,23,244 crore in April 2022, as per official data. Discoms owed a total of Rs 1,05,029 crore to power generation firms in April 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement […]
Steps by Government to improve financial and operational efficiencies of DISCOMs – EQ Mag Pro
The Government of India has made several interventions to improve financial and operational efficiencies of DISCOMs linked to reform measures including Liquidity Infusion Scheme (LIS); Additional Borrowing of 0.5% of GSDP to States linked to power sector reforms; introducing additional prudential norms for lending by Power Finance Corporation (PFC) Limited and REC Limited; and Revamped […]