Chief Minister Arvind Kejriwal earlier this month said that subsidy will be given to only those consumers who will demand it.
Sunset of GST compensation next month, guarantees for power discom bonds, and extra borrowings for non-asset creating revenue expenditure could end up worsening state finances
The data shows that during the entire month of April in 2021, the peak power demand was recorded at 182.37 GW. It was 132.73 GW in April 2020, a tad lower than 176.81 GW in April 2019.
The effective utilisation of the EAAS concept demands intensive digitalisation. Consumers will have to switch to smart electric devices that allow sharing real-time power consumption data
Recent run-up in share prices of Tata Power leaves little scope for appreciation in the near term
Periodic accounting of power use will only make sense if smart-metering is enhanced and infrastructure built to plug T&D loss
Earlier in the day, Delhi Chief Minister Arvind Kejriwal wrote to Prime Minister Narendra Modi urging him to intervene and ensure adequate supply of coal to thermal power plants providing electricity to Delhi.
As on October 3, Central Electricity Authority (CEA) report on coal stocks for power plants showed that 25 power plants had coal stocks for less than seven days for Delhi.
The report comes amid the government's move to reform the country's power distribution sector.
In today’s edition of Moneycontrol Pro Panorama: Economic recovery tracker, June quarter GDP, COVID-19 vaccination, rise in electricity prices, Page Industries, Jyothy Labs and more
Allowing polluting thermal units to operate beyond a stipulated time period contradicts the central government’s clean-energy drive
A pick-up in collections and an improvement in payments to gencos hold out hope for discoms, but durable economic recovery and concrete policy steps key to meaningful revival
The Standard Bidding Document can be a sound starting point for states to reform electricity distribution
Draft rules are welcome but, given the dismal condition of the power sector, a strong regulatory environment is necessary to make the proposals a success
States’ support key to implementing power distribution reforms at a time when lower electricity demand threatens to further hurt finances of distribution companies
Apart from helping households make direct savings of 20 to 25 percent in their monthly bills, the package will also benefit industrial consumers once Discoms pass on benefits of deferred fixed charges to them, said Power Minister RK Singh
In the spate of declining tariffs for the renewable energy resulting in the concerns regarding the fate of existing PPAs, which were signed at a higher cost, the short term contracts marked its presence with the discom market.
Telangana Chief Minister K Chandrasekhar Rao today told the State Legislative Assembly that two state-owned power discoms have signed a MoU with the Centre to join Ujwal DISCOM Assurance Yojana (UDAY) scheme.
The two-day 'Resurgent Rajasthan' investor summit kicked off in Jaipur on Thursday with the who's who of India Inc in attendance.
Sources tell CNBC-TV18 the Cabinet will take up a proposal to restructure their debt this Thursday.
Delhi BJP on Tuesday sought a CBI probe into the role of the private companies along with Congress and AAP governments into it.
When Delhi discom's were privatised and broken up into three successive entities, CAG itself had given a letter that said, "discoms are not government entities under section 617 of Companies Act 1956 and hence are out of the CAG ambit. "
The Rs 1,90,000-crore debt-restructuring plan for discoms which holds at stake the health of the entire power sector, seems to have been cleared by the CCEA. Former power secretary RV Shahi explains to CNBC-TV18 the various aspects of the plan and the pitfalls that need to be avoided during the implementation of the plan.
Shares of public sector banks and power generation companies have been running up in the past week on hopes that the cabinet is close to agreeing on a package to clean up the losses of State Electricity Boards (SEBs) or power discoms.
Te Cabinet note for debt restructuring of power DISCOMS and is likely to include the Finance Ministry's views on banks reducing exposure to them, reports CNBC-TV18‘s Aakansha Sethi.