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DISCOMS NEWS
Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...- From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
- Delhi residents may have to pay more for electricity this year. Here’s whyElectricity bills in Delhi are set to rise as the Appellate Tribunal for Electricity (APTEL) has ordered the recovery of nearly Rs 38,552 c...
- 4 popular global investment strategies discounting Trump as a lot of fury & fire: Ajay BaggaAjay Bagga identifies long positions in gold, emerging market debt, US and Chinese technology stocks as popular strategies. He warns the ma...
- Amid rising scams involving electricity bill, Delhi power department orders cos to take extra measures for safetyAn elderly doctor in south Delhi lost Rs 6 lakh in an online phishing scam while trying to pay his electricity bill. The Delhi govt's power...
- Discoms can now settle dues through EMIs within four yearsWhile discoms with over ₹10,000 cr of dues can clear them in 48 EMIs, the ones in the range of ₹4,001-10,000 cr can pay them in 40 months. ...
- We're in financial crisis, Andhra Pradesh power discoms tell High CourtThe distribution companies requested the Andhra Pradesh High Court for one year's time to comply with a March 15 order that directed them t...
- How India’s loss-ridden discoms can navigate green tariff conundrumHowever, within the industrial consumers, there appears to be one group - the large MSME community - that is open to paying a small premium...
- PFC, REC to approach discoms; offer 7-10 year loans with moratoriumThe package, announced by finance minister Nirmala Sitharaman on Wednesday, aims to help the power sector tide over an unprecedented cash c...
- Proposal to compensate Delhi residents for unscheduled power cuts gets final nod from Anil BaijalWith the LG's approval, Delhi will become the first city in the country to have a policy to compensate consumers for unscheduled outages.
- Demonetisation positive for power sector: MercomThe government has mandated that the old notes of Rs 500 and Rs 1,000 denominations can be used to pay pending utility bills which will hel...
- Private discoms under UDAY scheme to help get investment: Deven Choksey, KRChoksey Investment ManagersAlong with new T&D capacities coming up in the system, loss of power would also come under control and private discoms could be incentiveis...
- 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...
- Discoms debt recast plan to save Rs 1.8 lakh crore a yearThe debt restructuring plan for discoms announced by the Centre last week would eventually lead to a saving of Rs 1.8 lakh crore annually.
- AAP asks govt to publish CAG report on discoms, says its stand 'vindicated'AAP asked Delhi Govt to take steps to publish the CAG report, rationalise electricity tariff and take action against erring companies.
- Delhi may be spared tariff hike; public hearing in AugustDERC preliminary assessment suggests that against their demand for up to a 20% hike, not more than 2-3% is actually required to adjust the ...
- Damodar Valley Corporation ultimatum to BSES Rajdhani: Cough up dues worth Rs 90 crore or face cutIn effect, it has threatened to stop supplying about 180MW power from midnight on Sunday if BRPL doesn't pay up.
- Discoms warn of outages if tariff not raised in DelhiThe three private discoms--BSES Rajdhani, BSES Yamuna and Tata Power Delhi--will now have to manage with the present tar iffs announced in ...
- Delhi High Court directs discoms to 'fully cooperate' with CAG auditThe Delhi HC has asked Tata Power Delhi Distribution, BSES Rajdhani Power and BSES Yamuna Power to fully cooperate with an audit carried ou...
- Power consumer in Delhi pays for merry-go-round of duesBe it Delhi government, municipal bodies or power distribution utilities, defaulting on payments and taking a long time to settle financial...
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