Page 4 - Power Discoms

Tata Power, India Power Corporation submit bids for three discoms in Odisha

The bids were called earlier this year for Western, Southern and Northern Electricity Supply Companies, namely WESCO, SOUTHCO and NESCO.

How retiring old coal plants could save Rs 53,000 cr for power discoms

As on April 30, Indian discoms owed over Rs 1 lakh crore ($13.65 billion) to power generation companies, according to the Ministry of Power data

Centre, states to share cost of Rs 3-trillion discom reform scheme

Umbrella scheme to include grants for schemes of IPDS, DDUGJY, and have loss-reduction targets

Power discoms to get five more years to turnaround under new scheme

The earlier discom reform scheme UDAY concluded in FY20 with most of the states failing to meet their stipulated targets

Govt to set up National Recruitment Agency to hold common govt job exam

Three airports of Jaipur, Thiruvanthapuram and Guwahati to be leased out for development, operation and maintenance under PPP for 50 years

Smart metering will improve discoms' efficiency, high cost a hurdle: Crisil

India's traditional power metering system is inadequate, resulting in MBC (metering, billing and collection) inefficiencies, high commercial losses and revenue leakages, Crisil Ratings said

Power discoms asks people not to fly kites near electricity installations

A BSES discom spokesperson urged people to enjoy kite flying responsibly

Delhi power discoms see rise in residential rooftop solar power connections

The current cumulative installed capacity is 33.7 MW which is intended to be increased to 40 MW in the next two years

Discoms' outstanding dues to power gencos rise 47% to Rs 1.33 trn in June

Distribution companies (discoms) owed a total of Rs 90,655 crore to power generation firms in June 2019

Five years on, govt's UDAY scheme fails to power bleeding discoms

Shreya Jai compares five-year data that reveals deterioration in the health of discoms

Discoms' outstanding dues to power gencos rise 63% to Rs 1.23 trn in April

Power producers give 60 days to discoms for paying bills for the supply of electricity. After that, outstanding dues become overdue and generators charge penal interest on that in most cases

REC kicks off discom package with Rs 2,500 crore to Maharashtra

REC has sanctioned another Rs 3,300 crore for Andhra Pradesh, Rs 2,000 crore for Punjab and Rs 2,032 crore for Rajasthan.

Punjab, Rajasthan, Andhra Pradesh seek Rs 14,664 crore to revive discoms

States request Rs 14,000 crore, PFC-REC to lend at above 9%

Covid-19 crisis: Lockdown knocks power use down 20-40% in some cities

As the country unlocks, some distribution companies see a return of demand

Delhi discoms record up to 90% rise in digital payments during lockdown

In April and May, zero-cash bill payments were made due to lockdown restrictions

Delhi govt allows discoms to avail loans under Atmanirbhar package

Since the loans would need a state guarantee and Delhi is a Union Territory, it has written to ministry of home affairs to provide state guarantee on behalf of Delhi

Discoms' debt to hit an all-time high of Rs 4.5 trillion by FY21: Crisil

Higher costs and constrained cash inflows amid declining demand mean the per-unit operating gap of discoms will widen to 83 paise per unit by the end of this fiscal

Centre looks to EPFO, LIC, PSBs to raise funds through power bonds

PFC, REC will first issue bonds based on initial demand from states

Make state-specific plans for resolving power sector issues: PM to PowerMin

Asked ministries of power and new & renewabl energy to ensure discoms publish their performance parameters periodically, so people know how their discoms fare in comparison to peers

Power engineers oppose FM's move to privatise power discoms in UTs

Dubey claimed the central government was looking at abolishing the subsidy and cross subsidy in the supply of electricity, which would make the commodity more expensive for the general consumer