CERC Directs SECI to Compensate TPREL Irrespective of Dues from DISCOMS Updated On Tue, Jan 10th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) has given a nod to Tata Power Renewable Energy Limited’s ( TPREL) claim for compensation caused by change in law events due to enactment of GST Laws. TPREL had entered into a PPA with SECI and claimed compensation of Rs. 48,88,44,968 along with the carrying cost towards compensation for […] Read more
With LPS Rules, Significant Improvement in Payment of Outstanding Dues from DISCOMs to GENCOs Updated On Wed, Nov 30th, 2022 by Saurenergy The outstanding dues of DISCOMs to GENCOs have been a matter of concern for quite some time now. As of June 2022, these dues stood at Rs 1.32 lakh- a 4 per cent YoY increase. As of August 2022, a large number of state DISCOMs including Maharashtra, Tamil Nadu, Telangana, Andhra Pradesh, Uttar Pradesh, Jammu […] Read more
RERC Proposes Free Solar Power to Rajasthan DISCOMs Updated On Fri, Oct 7th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), which issued the tariff decision for 2022–2023 last month, urged the state government to explore adopting legislation requiring solar power providers that are exporting electricity to provide 10% free power to the state’s DISCOMs. Over the past year, the subject has occasionally been discussed in meetings between government officials […] Read more
POSOCO Asks Power Exchanges To Bar 27 DISCOMs From Trading Until They Clear Dues Updated On Fri, Aug 19th, 2022 by Saurenergy According to sources, Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges – IEX, PXIL, and HPX – to restrict electricity trading by 27 discoms in 13 states that owe gencos money. POSOCO has issued a directive to the Indian Energy Exchange (IEX), Power Exchange of India (PXIL), and Hindustan Power Exchange (HPX) […] Read more
Two Of The Four Gujarat State Discoms Top All-India Integrated Rating Updated On Mon, Aug 8th, 2022 by Saurenergy In the 10th Integrated Rating of Power Distribution Utilities, published by the Union Power Ministry, two of the four state-owned power distribution firms (DISCOMS) of Gujarat have emerged on top. Dakshin Gujarat Vij Company Limited (DGVCL) and Madhya Gujarat Vij Company Limited (MGVCL), two of the 71 discoms evaluated, took the top two spots, while […] Read more
Greenko’s Cloud Platform To Offer Discoms Energy Storage Solutions Updated On Tue, Jul 19th, 2022 by Saurenergy Hyderabad-based Greenko Group has hit launched a cloud storage platform to offer discoms and industries energy storage solutions on demand. Mahesh Kolli, founder, president, and joint managing director of Greenko Group has been quoted as saying, “While the users can own the green energy project, storage would be offered as a service contract. The company […] Read more
Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
Report Calls Upon Discoms To Put In Place Consumer Centric DR Strategy Updated On Fri, Jun 3rd, 2022 by Saurenergy Alliance for an Energy-Efficient Economy (AEEE) and AutoGrid released on June 2 a report highlighting the wide range of possibilities offered by Demand Response (DR) that can effectively help electricity distribution companies (DISCOMs) handle their increasing future electricity demand while still operating reliably towards a greener grid. Titled Roadmap for Demand Flexibility in India, the […] Read more
