Discoms require significant capacity building to be able to seamlessly handle the increased load in day-to-day operations that will occur from more and more EV charging stations he outlook for electric mobility in India has been slowly becoming more optimistic in recent years. The growing advocacy around electric vehicles (EVs), conducive policies, and falling battery […]
Discoms’ outstanding dues to power gencos rise 48 per cent to Rs 81,010 crore in October
Distribution companies (discoms) owed a total of Rs 54,654 crore to power generation companies in October 2018, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators NEW DELHI: Power producers’ total outstanding dues owed by distribution companies rose around 48 per cent to Rs 81,010 crore […]
Government plans Ordinance to ensure power pacts are honoured
The planned ordinance would also deal with crucial issues of independence of electricity regulators and quick finalisation of tariffs based on costs – measures that were originally planned as amendments to the Electricity Act of 2003. States have … New Delhi: The Centre plans to take a major initiative in the power sector with an […]
Rising renewables penetration to hit discoms
Currently, the cost of renewable energy is cushioned by indirect subsidies such as waivers of transmission charge of around Rs 1.5-2 per unit, speakers said. Further, dedicated transmission lines for renewable plants are utilised only around 20% due to the intermittent nature of power generation from such sources, raising its real cost. Rising penetration of […]
Rajasthan: Discoms trip on payment to solar firms raises NPA fears
JAIPUR: Now, the government’s payment crisis has hit the solar sector with the small power developers in the state staring at a prospect of their loans turning NPAs. The discoms have not paid the dues for the past one year running into an estimated Rs 250-300 crore. The non-payment has also led to developers stalling […]
Power discoms may soon get cheap loans from govt to clear Rs 70,000-cr dues
Power producers’ total outstanding dues owed by distribution companies stands at Rs 69,558 crore by September-end 2019 Faced with a demand slowdown and increasing financial stress of the distribution companies, the Centre is considering a new loan window for states to help settle their rising dues to the power generation companies. Under the new plan, […]
Cheaper loans likely for discoms to clear green energy dues: Report
The loans would be sanctioned to states at cost plus a nominal fee to clear dues worth Rs 67,237 crore owed to gencos till August-end. The Centre may tie up concessional loans from Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) for state governments as it looks to […]
Solar Sector bleeding heavily due to Discoms non payment of private developers: Rajasthan Solar Association
Solar Sector bleeding heavily due to Discoms non payment of private developers: Rajasthan Solar Association For more information please see below link:
Return to growth: Given the mismatch between tariffs and risks, few new renewable IPPs being created
Power tariffs had declined significantly in 2016-17, ensuring price competitiveness. However, since then, RE sector risks have increased. Chhatrasal in a remarked that ‘The renewables sector in India is near-death. Capacity addition has markedly slowed down in this financial year. Few projects are achieving financial closure, and so, few projects are getting complete.’ (bit.ly/34I1JQr, FE, […]
Hero Future files petition against Andhra discoms
Hero Future Energies has filed a contempt petition with the Andhra Pradesh electricity regulator for recovery of dues from the state’s discoms BENGALURU: In the continuing face-off between the Andhra Pradesh government and renewable energy developers, Hero Future Energies has filed a contempt petition with the Andhra Pradesh electricity power regulator for recovery of dues […]