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DISCOM REFORM
Delhi govt orders CAG audit of power discoms over regulatory assets issueDelhi's power discoms are facing a CAG audit following a massive Rs 38,500 crore in accumulated Regulatory Assets. The Delhi government ord...- Why CDSCO and BEE have not kept pace with the industries they overseeCDSCO still faces challenges like chronic understaffing, gaps in technical skills, weak lab infra and fragmented approvals. About a decade ...
- Adani Power or NTPC? Macquarie initiates coverage on 3 power stocks, hikes target prices for 3 othersAs rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational r...
- Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal KhattarIndia is boosting its power generation capacity, focusing on nuclear energy. The nation aims to reach nearly 300 GW next year. Nuclear powe...
- Timely payments by state discoms aiding power gencos: Moody'sElectricity distribution companies are showing better payment habits. This is helping power generators receive payments on time. Key operat...
- India's Rs 11.2 trillion distribution capex to anchor smart metering shift towards outcomes: Central Electricity AuthorityIndia's power distribution sector is undergoing a massive Rs 11.2 trillion transformation by 2035. Smart metering is shifting focus to meas...
- Coal India, CESC and other power stocks: JM Financial analyst explains impact of Bengal electionsJM Financial views the West Bengal election outcome as a potential boost for power sector governance, driven by expectations of reform unde...
- India’s richest state is said to prepare for power utility IPOMaharashtra is preparing an IPO for its power distribution arm MSEDCL, aiming to raise $500 million to $1 billion. The move, supported by b...
- Fix the discoms while fixing the lightsThe Bill aims to create efficiencies through competition - the more efficient suppliers will get customers. The idea is that efficient dist...
- Estimates of discoms' losses of Rs 90K cr for FY21 seem to be grossly inflated: Power ministryThese speculations trace their origins to a report published by rating agency ICRA on the power distribution sector in March 2021, the mini...
- Power distribution companies told to weigh direct subsidy for agricultural consumersA senior government official said the discoms would need approvals from their state cabinets to become part of the scheme. Tripartite agree...
- Power Ministry wants Finmin to advise banks on Discom reformsThe central government proposes to set right power distribution companies, saddled with estimated consolidated debt of Rs 5 lakh crore last...
- View: Why setting up of a National Power Distribution Company is the need of the hourThe first major reform took place in the mid-1990s — the unbundling of SEBs into separate generation, transmission and distribution entitie...
- Government may announce new scheme for revival of discoms to achieve 24x7 power for allIn September 2019, Power Minister R K Singh had said that the Ministry of Power was working on UDAY 2.0 scheme. There were expectations tha...
- Distribution is the weakest link in India’s power sector: IEEFAExtremely financially distressed discoms either privatise their operations or the states allow entry of suitably qualified and capitalised ...
- States to face fund cuts for missing UDAY targetsThe Centre in November 2015 had launched the UDAY to bring about operational and financial turnaround of debt-laden power distribution comp...
- Success of UDAY make or break deal for power sector, says FitchFitch said while the outlook of the power utilities remains stable, the implementation of the reform measures is key to their ratings outlo...
- Easing of FDI norms to support investment, GDP growth: FitchImplementation of reforms and boosting investment is an important credit factor for India, both to bolster growth and to reduce vulnerabili...
- NDA loss in Bihar not to derail discoms revival plan: Piyush GoyalThe Cabinet approved the Ujjwal Discom Assurance Yojana to help state run electricity distribution companies to wipe out losses by 2019.
- Delhi’s negative exampleDelhi government owes an explanation to the nation as to why it seeks to give short shrift to power sector reforms.
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