Page 6 - Discoms

Budget proposal puts onus on states to fund, get discoms back in shape

Budget's Rs 3 trillion scheme expects states to submit action plan, get results

New Bill set to amend the Electricity Act, end licence raj in power supply

Electricity Bill, 2021, will be tabled in the ongoing session

Power engineers, employees stage nationwide protest against privatisation

Power engineers and discom employees demanded to scrap the process to privatise discoms in states and Union territories

India's peoposed discom reform plan to benefit gencos in long term: Fitch

Fitch said discoms are saddled with huge accumulated losses due to a combination of crippling debt, expensive power, technical and commercial losses, and less-than-commensurate increases in tariffs

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

A new voluntary vehicle scrapping policy, to phase out old and unfit vehicles, is to be announced, to encourage fuel-efficient, environment-friendly vehicles

Top headlines: Cabinet okays PSU privatisation policy, Amazon under ED lens

From Cabinet's nod to PSU privatisation policy to ED registering a case against Amazon, Business Standard brings you the top headlines

Discoms should be consumer-centric, bring more pvt investment: House panel

One of the suggestions by the committee was increasing private participation in power distribution by way of content-carriage separation

Discoms discover tech, aim to automate grid operations for service delivery

Adani Electricity Mumbai (AEML), for instance, is upgrading its grid infrastructure with investments in automation and using technology-enabled service delivery, processes and training modules

Power engineers to protest on Feb 3 against privatisation of discoms

Power sector engineers would go for token work boycott across the country on February 3 to protest against the move to privatise distribution companies by the central government, the All India Power Engineers' Federation (AIPEF) said on Monday. "Power engineers across the country shall resort to token work boycott and hold protest meetings on 3rd February against privatization policies of the Government of India," AIPEF spokesperson V K Gupta said in a statement. Shailendra Dubey, the Chairman of AIPEF, in a letter to the Prime Minister, stated that power engineers and engineers are grieved over the central government's move towards the power sector privatisation through Electricity (Amendment) Bill, 2020, & Standard Bidding Document for total privatisation of distribution of electricity. Power engineers are opposing conversion of public monopoly to private monopoly, he said, adding that the policy of privatisation was slowly destroying the public sector across the country .

Two BSES discoms pay Rs 400 cr in dues to NTPC-owned Aravali Power

Last week, NTPC served notices to six states and two Union Territories for non-payment of dues, saying it would shut off or restrict power supply if the discoms failed to clear their dues

Discoms' outstanding dues to power gencos rise 35% to Rs 1.41 trn in Nov

In November 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,29,868 crore as against Rs 93,215 crore in the year-ago period

New electricity rules give consumers across India the right to 24x7 supply

DISCOMs have to ensure minimum standard of service under Electricity (Rights of Consumers) Rules, 2020

Discoms' dues to generators jump 34% to Rs 1.2 trillion amid Covid-19 hit

The pandemic continues to have a wider impact on India's power sector in the current financial year, affecting both demand and supply, and hiking the stress levels of state discoms

Discoms' outstanding dues to power gencos up 29% to Rs 1.38 trn in Oct

Distribution companies (discoms) owed a total of Rs 1,06,734 crore to power generation firms in October 2019

Power sector employees stage protest against privatisation of discoms

Power sector employees on Thursday held nationwide protests against the government's decision to privatize discoms, the All India Power Engineers Federation (AIPEF) said. They also demanded withdrawal of Electricity (Amendment) Bill 2020 and scrapping of the standard bidding document (SBD). "Lakhs of power sector employees including engineers, today held nationwide protests seeking the withdrawal of Electricity (Amendment) Bill 2020, scrapping of SBD and opposed the privatization of power distribution companies (discoms) in states and union territories," AIPEF spokesperson V K Gupta said in a statement. Gupta said protest meetings were held in all the states and union territories, including Uttar Pradesh, Punjab, Haryana, Jammu & Kashmir, Maharashtra, Telangana, Tamil Nadu, West Bengal, Gujarat, Madhya Pradesh, Assam, among others. He noted that the power engineers did not join Thursday's strike called by ten central trade unions and just staged a simple protest to highlight

Discoms' outstanding dues to power gencos rise 28% to Rs 1.38 trn in Sept

The overdue amount in September 2020 has increased from Rs 1,22,090 crore in August 2020

Best of BS Opinion: US' election system, privatisation of discoms, and more

Here's a selection of Business Standard opinion pieces for the day

SBD: A useful first step in power reforms

Power ministry is setting the stage for much-needed investments and efficiencies into the sector through privatisation of discoms - with a framework in the form of a draft Standard Bidding Document

The case for coupling of power exchanges

A single market-clearing price will not kill competition

Discoms' outstanding dues to power gencos rise 37% to Rs 1.33 trn in August

The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms