Discoms owe Rs. 1,00,018 Cr as on 18th May 2022 to the Generating Companies Discoms to be allowed to pay dues in upto 48 number of monthly instalments; to save around Rs. 19,833 Crore on late payment surcharge Electricity consumers to get relief of this amount as it will not be passed on in retail […]
Discoms to mandatorily purchase from ICB plants – EQ Mag Pro
The Union ministry of power may invoke Section 11 of the Electricity Act, 2003 to make it mandatory for state-run electricity discoms to buy power produced from imported coal. The move follows discoms’ reluctance to buy costlier power from imported coal-based (ICB) units, which were earlier directed by the ministry under the same section to […]
Measures to ease power supply constraints with higher coal imports are likely to increase the cost of supply for discoms by 4.5 -5.0% in FY2023: ICRA – EQ Mag Pro
Measures to ease power supply constraints with higher coal imports are likely to increase the cost of supply for discoms by 4.5 -5.0% in FY2023: ICRA. For more information please see below link:
Higher Coal Imports May Push Power Supply Cost For Discoms By 4.5- 5%: Icra – EQ Mag Pro
The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per cent in 2022-23, Icra said on Tuesday The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per […]
Discoms outstanding dues to gencos rise 4 pc to Rs 1,21,765 cr in May – EQ Mag Pro
Total outstanding dues of electricity distribution companies to power producers rose by 4.04 per cent year-on-year to Rs 1,21,765 crore in May 2022, according to the official data. Discoms owed a total of Rs 1,17,026 crore to power generation firms in May 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for […]
Discoms’ outstanding dues to gencos rise 17.3 pc to Rs 1,23,244 cr in April – EQ Mag Pro
Total outstanding dues owed by electricity distribution companies (discoms) to power producers increased by 17.3 per cent year-on-year to Rs 1,23,244 crore in April 2022, as per official data. Discoms owed a total of Rs 1,05,029 crore to power generation firms in April 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement […]
Steps by Government to improve financial and operational efficiencies of DISCOMs – EQ Mag Pro
The Government of India has made several interventions to improve financial and operational efficiencies of DISCOMs linked to reform measures including Liquidity Infusion Scheme (LIS); Additional Borrowing of 0.5% of GSDP to States linked to power sector reforms; introducing additional prudential norms for lending by Power Finance Corporation (PFC) Limited and REC Limited; and Revamped […]
REC partners EPIC India to improve performance of discoms – EQ Mag Pro
State-owned non-banking finance firm REC has partnered with Energy Policy Institute at the University of Chicago (India) to improve the performance of power distribution utilities. “The Energy Policy Institute at the University of Chicago (EPIC India) has signed a Memorandum of Understanding (MoU) with REC Limited, a public infrastructure finance company, and REC Power Development […]
India to solarize agriculture pumps in a big way – EQ Mag Pro
Solar Energy is clean and green. It helps us conserve our planet and maintain the balance of natural resources. And this is the reason, like almost all countries in the world, India is trying hard to popularize the adoption of solar energy in all possible ways. The Government of India has created the Pradhan Mantri […]
Jaipur, Jodhpur, Ajmer discoms get new MDs – EQ Mag Pro
JAIPUR: Ajit Kumar Saxena has been appointed the MD of JVVNL, NS Nirwan has been made the MD of Ajmer and Pramod Tak is the MD of Jodhpur discom. All are retired technocrats. Saxena took charge on Monday evening. He has 37 years of experience in the energy sector. He said quality power supply to […]