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Steps were taken to address the financial health of DISCOMS – EQ Mag Pro
As per information available, total outstanding dues owed by electricity Distribution Companies (DISCOMs) to Central Public Sector Generation Companies, Independent Power Producers (IPPs) and Renewable Generators as on 31.12.2021 are Rs.95,167 Crores. Payment security mechanisms through Letter of Credit (LC), etc. are integral part of most of the Power Purchase Agreements (PPAs) between DISCOMs and […]
Discoms’ outstanding dues to gencos dip 5.1% to Rs 1,15,972 crore – EQ Mag Pro
Discoms in Rajasthan, Uttar Pradesh, Jammu & Kashmir, Telangana, Andhra Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Jharkhand and Tamil Nadu account for the major portion of dues to gencos in February, the data showed Total outstanding dues owed by electricity distribution companies (discoms) to power producers dipped 5.1 per cent year-on-year to Rs 1,15,972 crore in […]
Achieving the clean energy target – EQ Mag Pro
There is a need for a dedicated entity to deal with challenges renewable energy faces in India The year 2022 could be a pivotal one for India’s energy transition. Recently, some of India’s biggest energy companies—Reliance Industries Ltd, Adani Group and NTPC Ltd—had announced massive investments in renewable energy (RE), mostly solar, to herald their […]
Discoms’ outstanding dues to gencos rise 4.4 per cent to Rs 1,21,030 cr in January – EQ Mag Pro
New Delhi : Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 4.4 per cent year-on-year to Rs 1,21,030 crore in January 2022. Discoms owed a total of Rs 1,15,904 crore to power generation firms in January 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing […]
EV may become dominant form of transport in India in near future – EQ Mag Pro
More stringent statutes for the adoption of EVs will give a big push to electric mobility. Every day we are witness to new developments taking shape in electric mobility space. In fact, it seems to be one of the biggest collaborative exercise being undertaken between automobile manufactures, battery producers, R&D Labs and governments to push […]
Progress of Revamped Distribution Sector Scheme, Reform measures aim towards loss reduction, implementation of smart prepaid metering, 100% feeder level energy accounting by FY 23, up-gradation of billing and other IT/OT systems
The Ministry of Power, Government of India, had launched the Reforms-based and Results-linked, Revamped Distribution Sector Scheme (RDSS), with the objective to improve the operational efficiencies and financial sustainability of State owned DISCOMs/ Power Departments by providing financial assistance to DISCOMs for modernization and strengthening of distribution infrastructure, aiming at improvement of the reliability and […]
Revamped Distribution Sector Scheme aims to reduce the AT&C losses at pan-India levels to 12-15% and ACS-ARR gap to zero by 2024-25 – EQ Mag Pro
REC and PFC are the nodal agencies, responsible for implementing the scheme across the country Government of India have launched the Reforms-based and Results-linked, Revamped Distribution Sector Scheme with the objective of improving the quality and reliability of power supply to consumers through a financially sustainable and operationally efficient Distribution Sector. The salient features of […]
No vendor authorised by MNRE for rooftop solar, pay only rates decided by discoms: Advisory – EQ Mag Pro
Get latest articles and stories on Latest News at LatestLY. The new and renewable energy ministry on Thursday clarified that no vendor authorised by it for installation of rooftop solar and also advised the consumers to pay only rates decided by power distribution utilities or discoms. New Delhi : The new and renewable energy ministry […]
Discoms’ outstanding dues to gencos jump 1.3% to Rs 1,13,227 cr in Dec – EQ Mag Pro
Discoms owed total Rs 1,11,762 crore to power generation firms in December 2020, according to portal PRAAPTI. Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 1.3 per cent year-on-year to Rs 1,13,227 crore in December. Discoms owed total Rs 1,11,762 crore to power generation firms in December 2020, according to […]
