Discoms’ Dues to Gencos Expands to Rs 1.23 Lakh Crore Updated On Mon, Jun 29th, 2020 by Saurenergy Gencos total outstanding dues owed by Discoms rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year. Power generators (Gencos) total outstanding dues owed by distribution companies (Discoms) rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. […] Read more
Rs 90,000 Crore Relief Package for Discoms a Non-Starter Updated On Tue, Jun 23rd, 2020 by Saurenergy The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […] Read more
RK Singh Asks Discoms to Submit Monthly Report on Grid Connected Rooftop Solar Program Updated On Fri, Jun 19th, 2020 by Saurenergy The Power and New & Renewable Energy Minister RK Singh directed power distribution companies (Discoms) and State Nodal Agencies (SNAs) to submit the monthly status of implementation of grid-connected rooftop solar program. The move came in the backdrop as the Ministry of New and Renewable Energy (MNRE) is implementing phase-II of grid-connected rooftop solar programme […] Read more
5 Reasons Discoms Should Consider This For Financial Distress Updated On Mon, Jun 15th, 2020 by Saurenergy That a financial crisis is pretty much business as usual for discoms in India has been well documented on this site, and elsewhere. Many solutions have also been suggested, most of which seem to fall short of actually settling the matter. So here is one we would like to suggest, without quite getting into the […] Read more
90% Rise in Digital Payments Recorded During Lockdown by Discoms Updated On Mon, Jun 15th, 2020 by Saurenergy The Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus lockdown. The power Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus-induced lockdown. Tata Power Delhi Distribution Limited (TPDDL), serving around 70 lakh consumers in north […] Read more
COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData Updated On Fri, Jun 12th, 2020 by Saurenergy With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […] Read more
NTPC Offers Rs 1363 Cr Discount on Fixed Charges to Discoms During Lockdown Updated On Thu, Jun 11th, 2020 by Saurenergy NTPC will be giving a discount of Rs 1363 crore to Discoms on fixed or capacity charges that they owe during the lockdown period this fiscal year. NTPC Limited, the largest electricity generator in the country has announced that it will be giving a discount of Rs 1363 crore to distribution companies (Discoms) on fixed […] Read more
Need for State Govts to Conjointly Responsible for Financial Health of their Discoms: RK Singh Updated On Mon, Jun 1st, 2020 by Saurenergy The Union Minister for Power, R. K. Singh said that there is a need for the state governments to be also conjointly responsible for the financial health of their fully owned power distribution companies (Discoms). Singh said during a meeting with the Finance Commission headed by N.K. Singh on issues relating to the reforms of […] Read more
Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
