Total outstanding dues owed by electricity distribution companies to power producers rose 3.3 per cent year-on-year to Rs 116,127 crore in October
Ghosts of mounting financial losses and worsening technical performance still haunt; discoms would need to walk many extra miles to become eligible for the new package
Centre looking to overhaul power transmission system in states
Discoms should improve recovery, says power secretary
Power ministry has made the suggestion in order to reduce the retail tariff for consumers and reduce burden of regular payment on the discoms
IPO-bound Sterlite looks at growth in power transmission infra and power equipment industry
The pressure to re-negotiate contracts to reduce tariffs and the viability of power distribution companies are some of these.
This comes after the Central Electricity Regulatory Commission (CERC) allowed the discom to nix its PPA with Dadri power unit of state-owned power generator NTPC
This March, discoms cleared Rs 34,150 crore worth of debt owed to power-generating companies
Tata Power, for instance, has reduced its consolidated net debt by Rs 11,400 crore in the last three years to Rs 36,559 crore as on March 31, 2021
Here are the best of Business Standard's opinion pieces for Friday
The amount of money that remained outstanding after 45-to-60 days of grace period given to the distribution companies fell to about Rs 67,300 crore, over 20 per cent lower than what it was a month ago
Railway freight, coal pricing should come under independent regulator
The more-than-doubling of installed capacity since 2010 has helped reduce shortages. The peak deficit in March 2021 was at 0.5 per cent
States' pending payments to distributors down just 4% since March 2020
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
In future, the ministry is also looking at merging the DAMs of all power exchanges into one entity, which will oversee the trading of day-ahead bids for both renewable energy and conventional power
GERC has announced that power tariffs will not be hiked for the consumers of the state-owned discoms and Torrent Power Ltd (Surat area), a release said on Monday
Here's a selection of Business Standard opinion pieces for the day
The Indian power consumer, in addition to being given the choice of buying green electricity only, might also get to choose the supplier soon.