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Electricity from the central pool will not be allocated to states and UTs which will impose taxes on clean energy projects, impede the inter-state flow of power and have not cleared subsidy dues on electricity tariff, according to an official order. The Ministry of Power in an office order also stated that the power from the central pool will not be allocated to those states which have regulatory assets. Regulatory assets come into existence when power regulators acknowledge that the tariffs imposed on electricity consumers do not adequately cover the power purchase costs of distribution companies (discoms). Certain aspects will be examined whenever a request will be received from any state/union territory (UT) for allocation of power from the unallocated quota of Central Generating Stations, the order dated March 31, 2023, said. The ministry will take into account non-creation of regulatory assets and timely payment of subsidy declared, if any, in the consumer tariffs by the state
The new guidelines expanding consumer choices to green energy will remain subject to the uncertainties and quirks of state policy
State-owned discoms across the country are financially and operationally beleaguered despite four reform schemes in the past 15 years
A power sector engineers' body has asked the government to not introduce the electricity (amendment) bill in the upcoming session of Parliament "in haste" and hold discussions with all stakeholders
Adani was entitled to a sum equivalent to 50 per cent of the outstanding it claims, the court said on February 1
The power ministry recovered Rs 714 crore from Jharkhand last month
The plan for carrying out reforms for reducing losses of state distribution utilities was sought by the nation's power ministry and is under discussion
The rating factors in the companies' status as a wholly owned power sector entity of the state government
Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies
Several states are falling behind in meeting the goals of the scheme