NEW DELHI: Power distribution corporations (discoms) can clear their document dues to era corporations (gencos) and nonetheless be left with some moolah if the state governments launched the promised subsidy and authorities our bodies cleared their bills – similar to widespread shoppers. State governments owed their discoms Rs 1.39 lakh crore in subsidy receivables and […]
ICRA & PHDCCI Knowledge Report: Timely implementation of revamped reforms scheme by states key to improving Discoms’ finances – EQ Mag Pro
ICRA & PHDCCI Knowledge Report: Timely implementation of revamped reforms scheme by states key to improving Discoms’ finances. For more information please see below link:
Thermal PLF and coal imports to rise in FY2023 amid healthy demand growth; discoms’ finances remain a drag: ICRA – EQ Mag Pro
Thermal PLF and coal imports to rise in FY2023 amid healthy demand growth; discoms’ finances remain a drag: ICRA. For more information please see below link:
Discoms launch a special drive to collect dues from industries in Andhra Pradesh – EQ Mag Pro
AMARAVATI: Struggling with financial crisis, the power distribution companies have launched a special drive to pool up long-pending dues from the industries in the state. Three discoms have identified about 1,100 industries that have not cleared over 500 crore dues for the past six months. The discoms have issued notices to the firms threatening to […]
Discoms facing headwinds from rising costs, modest tariff hikes, and adoption of additional norms by lenders: ICRA – EQ Mag Pro
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: