Bhopal: Discoms in the state have incurred losses amounting to Rs 25,000 crore in the past four years. Now, they have urged the Madhya Pradesh Electricity Regulatory Commission (MPERC) to admit the losses and allow the amount to be recovered from the consumers. If the regulator gives the assent for the entire amount, it will […]
Rajasthan DISCOMs Directed to Pay ₹31.34 Crores to NTPC VVN After Trading Margin Dispute
Rajasthan DISCOMs Directed to Pay ₹31.34 Crores to NTPC VVN After Trading Margin Dispute For more information please see below link:
Tata Power looks to raise $1 billion via asset monetisation
Tata Power is looking to raise $1 billion via asset monetisation over the next 12-18 months to clear its debt. The company is looking to divest from many of its international investments. “We believe that in next 12-18 months we will divest from many of our international investments and we are looking at something like […]
Review of PPAs: Reprieve for discoms as HC stays notice
Amaravati: In a new twist to the ongoing battle over the review of power purchasing agreements (PPAs), the power distribution companies in the state filed a writ petition in the Andhra Pradesh high court challenging the proceedings of the Union ministry of renewable energy to issue of letters of credit (LCs) to solar and wind […]
Discoms get relief as Andhra HC stays Centre’s order
Effective August 1, it has been mandatory for discoms to open/maintain bank guarantee to buy power from gencos. In a move that could undermine the Centre’s efforts to ensure payment discipline among state power distribution entities, the Andhra Pradesh High Court on Wednesday stayed the Union power ministry’s order making it mandatory for the state’s […]
India’s 1.2GW tender pits dispatchable renewables as viable alternative to conventional power
The state enterprise Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issued on the grid, in effect mandating the use of energy storage systems (ESS). An invitation has been issued for bids to build, own […]
Average spot power price falls 2 per cent to Rs 3.38 a unit in July
Low price coupled with greater certainty and predictability in procurement continue to make compelling proposition for the power discoms as well as open access consumers to step up their procurement through the IEX, it added New Delhi: Average spot power price dipped 2 per cent to Rs 3.38 per unit in July at the Indian […]
Discoms to pay full tariff during non-supply period to renewable gencos: MNRE
Power discoms pay fixed charges or infrastructure cost to electricity generation companies during the non-supply period under the power purchase agreements (PPA). NEW DELHI: Power distribution companies would have to pay the agreed full tariff to renewable energy producers during the period of non-supply of electricity, the government said on Wednesday. Power discoms pay fixed […]
Rooftop solar power could be a game-changer for India despite challenges: Here is why
The existing fragmented growth of solar rooftop is largely attributable to institutional and commercial consumers. Discoms’ and consumers’ reluctance to adopt rooftop solar may be attributable to the legal framework of the distribution business. India’s solar sector has seen a spectacular run in the last four years, largely attributable to its ambitious renewable energy targets […]
Representation for creating a fund for providing liquidity to State Discoms and thereby to Solar Power Producers
Representation for creating a fund for providing liquidity to State Discoms and thereby to Solar Power Producers. For more information please see below link: