Page 6 - Power Discoms

Power ministry has asked states to lower tariffs for discoms: R K Singh

Earlier this year, the government has taken steps such as mandatory issuance of letter of credit to generating companies by discoms and single-day payment

Govt to introduce real-time power market from April 1, says CERC chairman

The main purpose of introducing real-time power market is to deal with the renewables interference and better portfolio management by discoms, gencos and other consumers.

Govt asks state-run firms to pay $1 bn dues to green power discoms: Report

Commercial banks are unwilling to lend to these firms because of their high outstanding debt

Not all state power distribution cos see financial benefit in smart meters

A smart meter has a modem (communication device) and a remote switch by which demand, supply and billing can be monitored and controlled remotely

Smart metering faces hurdles as not all discoms see financial benefit in it

The plan is also up against supply issues with vendors reluctant to deliver to certain states due to payment concerns

Power gencos' outstanding dues on discoms rise 37% to Rs 70,000 cr in Sept

In September this year, total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 52,408 crore as against Rs 34,658 crore in the same month last

Maharashtra big-bang poll promises on cheaper power come at a cost

Consumers in Delhi enjoy free electricity up to 200 units a month. This move has led to a significant number getting zero monthly bills

Govt mulls new power tariff policy, UDAY 2.0 for resolving discoms losses

Power Minister said that under the new tariff policy, the discoms would have to pay a surcharge for delayed payments

Discoms make a beeline for cheaper power supplied by NTPC under SCED

"A large number of discoms are availing benefit under the SCED system to get cheaper power supplies," a source said

Union Budget 2019: Discoms buying from gas units to now get subsidy

Of the 24,150 Mw of gas-based power generation capacity, 14,305 Mw has no supply of domestic gas

Power for growth

The weak state of discoms is a big risk

Govt's new move to revive discoms: Install 300 mn smart meters in 3 years

As part of the plan, the federal government is mulling providing subsidies to partially cover the costs

New norms for power purchase by discoms to revive PPAs

The Government of India is working on new norms for power purchase by electricity distribution companies (discoms) that promise to revive demand for power purchase agreements (PPAs). The long-term PPAs have dried of late due to weak industrial power demand and tepid offtake."If the new norms are enforced, the discoms no longer need to pay a fixed cost to the power generating companies. They will only pay for the power bought. This measure will improve the financial health of the discoms and encourage buying of more power especially from the stressed thermal power assets", said an Odisha government official in the know.Poor financial health of the electricity discoms has impacted offtake. Mounting AT&C (aggregate technical & commercial) losses coupled with operational inefficiencies of the state discoms has led to their outstanding debt shooting to Rs 3.95 lakh crore.Weak industrial demand for power has seen the average Plant Load Factor (PLF) of thermal power producers- both ..

Power discoms to save Rs 20,000 crore a year by using MERIT app, says Goyal

MERIT portal displays information regarding the merit order of electricity procured by states