Page 3 - Discoms

Delhi's peak power demand clocks 7,070 MW, highest in May amid heatwave

The sizzling heat pushed the peak power demand in Delhi to 7,070 MW, the highest ever in May, late on Thursday night, discom officials said.

India warns of fuel-supply cuts to utilities if coal imports delayed

Most state-run utilities are debt-laden and will have to import more coal to fire their power plants due to reduced local supply

India's power crisis: The devil lies more in the cost than in the crunch

New far-off plants are costlier and start supplying power much after the older ones have been run at peak. This summer, despite the call to phase out plants over 25 years, they've proved their worth

Higher coal imports may push power supply cost for discoms by 4.5- 5%: Icra

The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per cent in 2022-23, Icra said on Tuesday. On May 5, Ministry of Power (MoP) issued a directive under Section 11 of the Electricity Act, stating that all imported coal-based power plants shall operate and generate power at their full capacity to meet the growing demand, Icra stated. As per this directive, all states and power generating companies (gencos) based on domestic coal will have to import at least 10 per cent of their fuel requirement for blending with domestic coal and meet the growing demand for electricity. This directive by the ministry is valid till October 31, 2022. As the present power purchase agreements (PPAs) do not provide for a pass-through of the fuel cost for these projects, the tariff for supply from these plants under PPAs shall be worked out by a committee with representatives from the MoP, Central Electricity ..

Discoms' outstanding dues to gencos rise 4% to Rs 1.21 trn in May

Power producers give 45 days to discoms to pay bills for electricity supply. After that, outstanding dues become overdue and generators charge interest on that in most cases.

Delhi discoms to get as much power as required: Union minister R K Singh

Union Power Minister R K Singh on Saturday said electricity distribution utilities in Delhi will get as much power as required by them.

21 of the 34 states and UTs record rise in discom dues in last two years

Independent power producers and renewable energy providers account for three-fourths of owed amount

Discoms' outstanding dues to gencos rise 17.3% to Rs 123,244 cr in April

Power producers give 45 days to discoms to pay bills for electricity supply. After that, outstanding dues become overdue and generators charge penal interest on that in most cases.

Peak power demand in Delhi rose to record level of 4,648 MW in March

Delhi's peak power demand rose to its highest-ever level of 4,648 MW for the month of March, which was recorded as the warmest in the country in 122 years, the discoms said on Wednesday

Torrent Power takes over distribution in Dadra & Nagar Haveli, Daman & Diu

With a customer base of around 150,000, the newly formed DNHDD Power Distribution Company will have annual sales of 9 bn units of power and an annual revenue of about Rs 4,500 cr.

Discoms owe Rs 1 trillion to power generating firms till Feb: Power Min

The outstanding amount of the discoms (power distribution companies) becomes overdue after 45 days of raising the bill for supply of power by gencos.

REC partners EPIC India to improve performance of discoms

State-owned non-banking finance firm REC has partnered with Energy Policy Institute at the University of Chicago (India) to improve the performance of power distribution utilities. "The Energy Policy Institute at the University of Chicago (EPIC India) has signed a Memorandum of Understanding (MoU) with REC Limited, a public infrastructure finance company, and REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd, to enable an evidence-based approach to improve the electricity distribution utility performance by designing innovative policy interventions for pilot and evaluation," a company statement said. The MoU was signed in the presence of R Lakshmanan, Chief Executive Officer - RECPDCL, Anant Sudarshan, South Asia Director EPIC and Sidhartha Vermani, Executive Director - EPIC India. Under this partnership, in addition to providing research and evaluation support, EPIC India will collaborate with REC Ltd and RECPDCL to provide a platform fo

Maharashtra sends notice to Tata Power for Mumbai power outage on Feb 27

Tata Power says the issuance of the notice by MSLDC is a part of laid out procedures during such events.

States should realise urgency in lowering discoms losses: Power Secy

In a Q&A, Alok Kumar says the law, however, will speed up reforms, given a lot of investment is needed to meet the country's net-zero target

Discoms' outstanding dues to gencos rise 4.4% to Rs 121,030 cr in January

Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 4.4 per cent year-on-year to Rs 1,21,030 crore in January 2022. Discoms owed a total of Rs 1,15,904 crore to power generation firms in January 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators). On a sequential basis also, total dues in January increased from Rs 1,15,462 crore in December 2021. The PRAAPTI portal was launched in May 2018 to bring in transparency in power purchase transactions between generators and discoms. In January 2022, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,01,357 crore as against Rs 99,650 crore in the same month a year ago. The overdue amount stood at Rs 99,981 crore in December 2021. Power producers give 45 days to discoms to pay bills for electricity supply. After that, outstanding dues

Follow prudential norms when lending to discoms: Power Secy tells SBI

Power Secretary Alok Kumar says overall debt of the discoms at the end of FY20 was Rs 5.14 trillion, against a turnover of Rs 7.28 trillion

No access to alternate electricity sources to defaulting discoms: R K Singh

As on Dec 14, total dues of discoms towards gencos was Rs 98,682 cr; If the disputed amount is included, the dues stand at Rs 1.09 trn, inching closer to the record highs of last year

Discoms' outstanding dues to gencos rise in Oct to Rs 93,609 cr

The overdue amount is the outstanding that has not been paid even after the expiry of 45 days grace period after bill generation

Discoms' outstanding dues to gencos rise 1.3% to Rs 113,227 cr in December

Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 1.3% year-on-year to Rs 1,13,227 crore in December.

How power ministry's view on discoms could expose them to insolvency suits

The ministry has said these entities do not fall under the category of govt companies, a view based on the argument that discoms do not perform sovereign functions