Only transparent pricing and accounting will help the discoms recover their dues
The power ministry's plan to become an intermediary in the sale of green power generation to states is only a limited solution to the larger problem facing state discoms
Firms cumulatively owe Rs 5,000 crore to gencos; Telangana has the highest amount of Rs 1,380 crore
The claim of providing choice of multiple service providers to power consumers in the Electricity Amendment Bill 2022, is "misleading" and will make state-run discoms loss making entities
Business Standard had reported recently that the Centre has dropped the proposal of privatising state-owned power distribution companies (discoms)
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States and UTs, in total, owe over Rs 1 trillion to gencos and about Rs 1.3 trillion to discoms, with Maharashtra owing the maximum
Indian states and union territories (UTs) owe over Rs 1 trillion to the gencos and Rs 62,931 crore to the discoms
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State-owned discoms across the country are financially and operationally beleaguered despite four reform schemes in the past 15 years
The amendment pertains to delicensing of power distribution that would have paved the way for any company to supply electricity in an area, after necessary regulatory approval
On a sequential basis, total dues in June increased from Rs 1,30,139 crore in May 2022
Delhi's power purchase cost has risen by 300% since 2014 but the tariff has only risen by 90%
While India's target for 2030 is 500 GW of non-fossil generating capacity, the present grid connected installed capacity (including large hydro) is about 165 GW
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The payment delays to the state-owned distribution companies are common, leading to a build-up of receivables from off-takers and an increase in working capital debt for renewable energy companies
Total amouny owed to gencos at record Rs 1 trillion; scheme enables discoms to pay up in 48 instalments, freezes amount outstanding as on notification date
The Union Ministry of Power recently asked six states to clear their dues to power generating stations and national miner Coal India (CIL).