Power Discom

It's challenge to meet tariffs for wind power in India: Engie MD

Discoms not looking at signing agreement for procuring power at such high tariffs, says senior executive of French utility's unit

Discoms' aggregate loss rises 66% to Rs 50,281 cr in 2020-21: Report

Aggregate losses of power distribution utilities or discoms increased by 66 per cent to Rs 50,281 crore in 2020-21 as compared to the previous year, a report by state-run Power Finance Corporation said. 'The Report on Performance of Power Utilities in 2020-21' unveiled at state power ministers' conference in Udaipur also stated that overall AT&C (aggregate technical & commercial) losses of discome deteriorated from 20.73 per cent in 2019-20 to 22.32 per cent in 2020-21. For 2020-21, the report covers 117 utilities comprising 68 discoms, 23 power generation utilities, 22 power transmission utilities and 4 power trading utilities. Aggregate losses of discoms increased from Rs 30,203 crore in 2019-20 to Rs 50,281 crore in 2020-21, the report stated adding that aggregate losses on tariff subsidy received, excluding Regulatory Income and Revenue Grant under UDAY (discoms revival scheme) for loan takeover increased from Rs 63,949 crore in 2019-20 to Rs 88,500 crore in 2020-21. The ..

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Reacts to RInfra statement of last week, which said it has filed a claim of Rs 13,400 crore; Adani says it has filed counterclaims

Will the govt be fifth-time lucky in bailing out discoms?

PM Modi announced a Rs 3 trillion package for reforms in the power distribution sector, while blaming 'freebies culture' for their mounting dues. Will the package address problems of the power sector?

Open access II: India's attempt to expand scope of green energy initiatives

The new guidelines expanding consumer choices to green energy will remain subject to the uncertainties and quirks of state policy

Distressed discoms, high demand: What is ailing India's power sector?

Indian states and union territories (UTs) owe over Rs 1 trillion to the gencos and Rs 62,931 crore to the discoms

Delhi's peak power demand reaches record high of 7,334 MW for June

It is expected to hover around 8,200 MW in the coming days, discom officials said

DERC turns down city discoms' request to relinquish 98 MW power allocation

The power regulator DERC has turned down city discoms' request to allow them to relinquish 98 Mega Watt of power allocation from three generation plants of NTPC, official sources said on Wednesday.

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

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

Coal mining opens doors to pvt players; power distribution fails to reform

The Centre amended the Coal Mines (Special Provisions) Act, 2015, in May to open up auction for non-mining firms; micro, small, and medium enterprises; and foreign companies

Chandigarh issues tender for complete privatisation of power discom

First Union Territory to offer discom under Aatmnirbhar Bharat scheme

UP govt may privatise Purvanchal discom to cut losses, improve supply infra

The firm covers Varanasi and Gorakhpur; initial discussions commence

NTPC to enter distribution space, eyes ADAG's two BSES discoms in Delhi

The ADAG has two discoms namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL)

Power reforms won't electrify the sector

At best, the scheme can be viewed as a one-time measure, while the larger problem of insolvency of discoms remains

Power stocks rally on FM's Rs 90,000 crore liquidity boost for discoms

Power Finance Corporation and Rural Electrification Corporation will infuse liquidity in the discoms to the extent of Rs 90,000 crore in two equal instalments

Power for growth

Draft Bill aims to address the fault lines in the sector

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

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

Private power players want Trade Receivables Discount System

Dues of discoms to gencos have ballooned to Rs 41,240 crore

TN power discom reduces loss, on path to break even shortly, says minister

State has taken over Tangedco's Rs 228.15 bn loans, subsequent to its joining Centre's UDAY scheme