The Ministry of Power, Government of India, had launched the Reforms-based and Results-linked, Revamped Distribution Sector Scheme (RDSS), with the objective to improve the operational efficiencies and financial sustainability of State owned DISCOMs/ Power Departments by providing financial assistance to DISCOMs for modernization and strengthening of distribution infrastructure, aiming at improvement of the reliability and […]
Revamped Distribution Sector Scheme aims to reduce the AT&C losses at pan-India levels to 12-15% and ACS-ARR gap to zero by 2024-25 – EQ Mag Pro
REC and PFC are the nodal agencies, responsible for implementing the scheme across the country Government of India have launched the Reforms-based and Results-linked, Revamped Distribution Sector Scheme with the objective of improving the quality and reliability of power supply to consumers through a financially sustainable and operationally efficient Distribution Sector. The salient features of […]
No vendor authorised by MNRE for rooftop solar, pay only rates decided by discoms: Advisory – EQ Mag Pro
Get latest articles and stories on Latest News at LatestLY. The new and renewable energy ministry on Thursday clarified that no vendor authorised by it for installation of rooftop solar and also advised the consumers to pay only rates decided by power distribution utilities or discoms. New Delhi : The new and renewable energy ministry […]
Discoms’ outstanding dues to gencos jump 1.3% to Rs 1,13,227 cr in Dec – EQ Mag Pro
Discoms owed total Rs 1,11,762 crore to power generation firms in December 2020, according to portal PRAAPTI. Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 1.3 per cent year-on-year to Rs 1,13,227 crore in December. Discoms owed total Rs 1,11,762 crore to power generation firms in December 2020, according to […]
Measures undertaken to accommodate larger shares of renewable energy in the grid – EQ Mag Pro
Steps taken to resolve the issue of long pending dues of Discoms to renewable power generators The measures taken to accommodate larger shares of renewable energy in the grid include the following: (i) Under Green Energy Corridor Scheme-Intra-State approx. 9700 ckm of transmission lines and 22600 MVA capacity of substations have been planned in eight […]
ERC approves solar power purchase by AP Discoms – EQ Mag Pro
The Andhra Pradesh Electricity Regulatory Commission (ERC) has accorded conditional approval to the state Power Distribution Companies’ (Discoms) proposal to procure 7,000 MW of solar power offered by the Solar Energy Corporation of India. However, the ERC made no mention of the rate at which the Discoms could purchase solar power even as a row […]
Petition for approval of Additional Surcharge for 1st half of FY 2021-22 and for approval of Additional Surcharge to the DISCOMs – DHBVN and UHBVN – EQ Mag Pro
Petition for approval of Additional Surcharge for 1st half of FY 2021-22 and for approval of Additional Surcharge to the DISCOMs – DHBVN and UHBVN recoverable from Open Access Consumers in the 1st half of FY 2021-22. For more information please see below link:
Discoms’ outstanding dues to gencos rise 3.3 pc to Rs 1,16,127 cr in October
Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 3.3 per cent year-on-year to Rs 1,16,127 crore in October. Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 3.3 per cent year-on-year to Rs 1,16,127 crore in October. Discoms owed a total of Rs 1,12,384 crore to […]
DISCOMs are empowered to prepare their own DPRs based on their need assessments: R. K Singh – EQ Mag Pro
New Delhi : Shri RK Singh, Union Minister for Power and New & Renewable Energy convened a series of regional-level meetings with Energy / Power Ministers / Advisors of States / UTs through video conference in four different sessions on 21.9.2021 and today to discuss the new Reforms Linked Distribution Sector Scheme. Shri Singh underlined […]
Ministry of Power Says Speculations About DISCOMs Achieving Loss Levels of Rs 90,000 Crore in FY 2021 Seem to Be Grossly Inflated – EQ Mag Pro
PAT figure for FY2020 almost half of the negative ~Rs 60,000 crores projected by ICRA for FY2020 As per the Audited Annual Accounts of Power Distribution Utilities, AT & C losses have come down from 23.5% in FY 2016-17 to 21.83% in FY 2019-20 The adverse performance of DISCOMs seem to have gone past the […]