Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
Govt Provides Relief to Discoms amid Covid-19 Crisis Updated On Mon, Mar 30th, 2020 by Saurenergy In a next spell of providing relief measures to the country’s ailing power sector amid lockdown due to coronavirus crisis, Power Minister RK Singh has now provided relief to power distribution companies (Discoms), with an aim to ease out their liquidity problems. The Power Ministry has approved financial relief measures for Discoms citing “due to […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
Stinging Order at APTEL Embarasses AP Discoms, Andhra Government By Extension Updated On Fri, Feb 28th, 2020 by Saurenergy Adding politics to established policy is not recommended, and the consequences, when that is done, were there for all to see after the APTEL order yesterday (February 27). The case was a much followed one, of the Andhra Pradesh Discoms essentially, versus both the NTPC, as well as three of the key bid winners of […] Read more
TN Commission Issues Details for Solar Power Procurement by Discoms Updated On Mon, Feb 17th, 2020 by Saurenergy The Tamil Nadu Electricity Regulatory Commission has issued a consultative paper discussing the approach on procurement of solar power by Discoms The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a consultative paper discussing the approach on procurement of solar power by the Distribution Licensees (Discoms) and on related issues of open access. According to […] Read more
Discoms’ Dues to Power Gencos Rises 50% to Rs 88,177 Cr in December Updated On Mon, Feb 17th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year, reflecting stress in the sector. Discoms owed […] Read more
Discoms Dues to Power Generators Rises to Rs 81k Cr in November Updated On Mon, Jan 6th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […] Read more
Discoms Faced Losses Worth Rs 27k Crore in FY19: RK Singh Updated On Mon, Dec 30th, 2019 by Saurenergy Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, RK Singh has said. Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, Union Minister of Power and New and Renewable Energy RK Singh has said. The government […] Read more
Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said. Updated On Fri, Nov 29th, 2019 by Saurenergy The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the minister’s continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the […] Read more
