Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 15.25 per cent to Rs 82,305 crore in May 2021 from a year ago. Distribution companies (discoms) owed a total Rs 97,111 crore to power generation firms in May 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators). The outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in the power sector till February this year. It has started tapering off from March 2021. Total dues in May increased sequentially compared to Rs 77,203 crore in April this year. The PRAAPTI portal was launched in May 2018 to bring in transparency in power purchase transactions between generators and discoms. In May 2021, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stoo
Loss-making discoms need to take corrective measures to access funds under Central schemes, says power minister R K Singh
Under the RPO, the discoms are required to purchase a certain proportion of electricity from renewable sources as mandated by the power regulators.
Assistance would be based on discoms meeting pre-qualifying criteria and achieving benchmarks.
Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 11.2% to Rs 81,628 crore in April 2021 from a year ago
Amid sultry weather and easing of the Covid lockdown, Delhi's peak power demand soared to 6,185 MW on Wednesday, the highest so far this summer, discom officials said.
State Energy Minister Saurabh Patel said that the development is a major boost towards the state's commitment to promote renewable energy.
A year after Covid-relief measures kicked in, pending dues to power generation companies have declined, but remain tall, with an upside risk from weakening monthly clearances
Railway freight, coal pricing should come under independent regulator
Total dues owed by electricity distribution companies to power producers fell 3.4% to Rs 78,379 cr in March 2021 as compared to the year-ago period, showing a reversal of discoms' growing outstandings
The sector needs urgent pricing reforms
This year's draft NEP like its earlier versions underlines importance of coal-based power and why it is still too early to retire it despite growth in renewables
The outstanding overdues of power distribution utilities fell by over Rs 15,118 crore to Rs 74,510 crore in March this year, as compared to the preceding month, according to PFC Consulting Ltd data
Under the scheme, govt-owned lenders PFC and REC extended special one time loan to discoms to clear their due to the power generating companies
Bills worth Rs 12,856 crore were in dispute till January 2020, the amount has risen to Rs 15,098 crore.
Power distribution utilities or discoms in the country have been sanctioned loans of Rs 1.35 lakh crore and disbursed Rs 46,321 crore so far under the liquidity infusion scheme
The problem predominantly pertains to four key states - Madhya Pradesh, Maharashtra, Rajasthan and Andhra Pradesh
The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms
PM Modi said the government is focused on reaching every village and every household as India is now a power surplus country
Prime Minister Narendra Modi on Thursday said the Centre is working to remove problems in the distribution sector and a policy and regulatory framework for Discoms is in the offing