The lack of market reform in electricity pricing has limited states' ability to expand capital expenditure on the critical transition to clean energy
Total amouny owed to gencos at record Rs 1 trillion; scheme enables discoms to pay up in 48 instalments, freezes amount outstanding as on notification date
The Union Ministry of Power recently asked six states to clear their dues to power generating stations and national miner Coal India (CIL).
The employees had called a strike to oppose the move by J&K Power Development Department to privatise the power distribution in the Union Territory and also merge the transmission arm JKPTCL with PGCI
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
The company on Wednesday reported widening of consolidated net loss
New Discoms Reform Scheme: Financially and operationally ailing power distribution companies (discoms) in the country have got another chance of revival with the Rs 3-trillion reform scheme
States need to clear dues, pay subsidy amount to be eligible for new discoms reforms
States have been given till December to submit loss reduction plan; many of them will do so by October, says power minister
"We are interested because finally this big country is making it possible for private ownership of power distribution assets," CEO Francesco Starace said
The Centre believes the move would help state commissions adopt best practices; it would also speed up implementation of reforms and regulatory policies
Loss-making discoms need to take corrective measures to access funds under Central schemes, says power minister R K Singh
The promises by AAP, trying to expand its powers beyond Delhi, are similar to those it had assured Delhiites.
The latest power distribution scheme reflects old structural flaws
With rains eluding Delhi and the maximum temperature hovering near 40 degrees Celsius, the national capital's peak power demand soared to 6,921 MW on Wednesday, the highest so far this summer season
Assistance would be based on discoms meeting pre-qualifying criteria and achieving benchmarks.
Building community-sized renewable energy plants and shutting down old coal plants is a workable solution, say experts.
The company maintained average transmission system availability of 99.76 per cent in FY21.
This year's draft NEP like its earlier versions underlines importance of coal-based power and why it is still too early to retire it despite growth in renewables
TPDDL, in 2019, joined hands with AES and Mitsubishi to set up a 10 Mw grid storage project at its Rohini sub-station