Page 10 - Discoms

Power gencos' outstanding dues on discoms rise 37% to Rs 70,000 cr in Sept

In September this year, total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 52,408 crore as against Rs 34,658 crore in the same month last

Country's future more important than polls: Power minister R K Singh

Singh said consumers deserve choice in power supply and at affordable rates

UDAY comes a cropper, puts power distribution companies in the red

The rising cost of power, along with increased power demand due to electrification schemes, has increased the expenditure of discoms

Power gencos' outstanding dues on discoms rise 57% to Rs 78K cr in August

Power producers give 60 days' time to discoms for paying bills for the supply of electricity. After that, the outstanding becomes overdue and generators charge penal interest on that in most cases

Power gencos outstanding dues on discoms jump 57% to Rs 73,000 cr in July

According to PRAAPTI portal, discoms owed a total of Rs 46,779 crore to power generation companies in July 2018.

Renewable firms can take discoms to NCLT: Power ministry to Andhra govt

Renewable power project developers are staring at weak cash flows from their projects in Andhra Pradesh

Govt mulls new power tariff policy, UDAY 2.0 for resolving discoms losses

Power Minister said that under the new tariff policy, the discoms would have to pay a surcharge for delayed payments

RBI can use Centre's state transfers for discom defaults: CEA panel

The report recommended a trade receivable discounting system for ensuring timely payments to power generating companies

Discoms may be asked to pay 50% advance payments to power companies

The ministry of power on June 28 had issued an order mandating opening and maintaining of letter of credit as a payment security mechanism

Power engineers demand audit of privatised assets, impact on banks

Public sector technocrats oppose alleged privatisation of power supply channels

Payment security mechanism to benefit gencos, may hurt discoms: CRISIL

The power ministry has made it mandatory for discoms to open and maintain sufficient letters of credit as a payment-security mechanism under power purchase agreements signed with generation companies

Union Budget 2019: Discoms buying from gas units to now get subsidy

Of the 24,150 Mw of gas-based power generation capacity, 14,305 Mw has no supply of domestic gas

Budget 2019: UDAY to be reviewed, new power tariff reforms on anvil

This is the first time in years that a finance minister has announced several reforms to reduce consumer electricity tariff

Regulatory assets provision to be removed in next power tariff policy

The Ministry of Power recently blamed the SERCs for not ordering regular tariff revision

Govt bars defaulting discoms from short-term power purchases in open market

Letter of Credit to be mandatorily used as payment security mechanism for long-term PPAs signed by loss-making discoms

CEA designs model for discoms' power sale and purchase

UDAY-II will focus on loss reduction in discoms

State-owned discoms' debt set to rise to pre-Uday levels of Rs 2.6 trn

According Crisil, discoms have to become commercially viable through prudent tariff hikes and a material reduction in aggregate technical and commercial losses

Discoms slip back into the red, clouding India's '24x7 power' dream

'Power' conundrum: Deeply connected but not yet electrified

Discoms' outstanding dues to power generators rise 24% to Rs 39,498 cr

In October 2017, the discoms' dues to power-producing companies stood at Rs 31,676 crore

State-owned discoms' outstanding dues to gencos shoot up to Rs 282 bn

Power demand has witnessed a spike recently. In the last quarter, the demand growth was 7.67% and in October, it crossed 12.6%