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UJWAL DISCOM
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...- Discom legacy dues drop to Rs 3,300 crore from Rs 1.39 lakh crorePower distribution companies have drastically cut their old dues. Legacy arrears have fallen from over Rs 1.39 lakh crore to just Rs 3,300 ...
- Short-term loans in the works for power discomsA senior government official said state-owned Rural Electrification Corp (REC) is considering lending short-term loans for bill payment to ...
- Govt to focus on loss-making discoms for next 3-4 yrs to achieve '24X7 power for all': OfficialParticipating in a webinar organised by the Institute of Directors, Ashish Upadhyaya, additional secretary in the Ministry of Power, said t...
- Rs 90,000 crore package to provide only temporary relief to discoms: IndRaFinance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 cror...
- Tripping DiscomsDuring nine months of FY19, the losses have widened and cost-revenue gap has increased. Regulators are required to step in to raise tariffs...
- Uday scheme: Gap between average cost of power supply and average revenue of discoms narrows downThe gap, however, continues to increase in four states of Karnataka, Kerala, Punjab and Assam due to various reasons including operational ...
- Policy measures on power to reduce cost burden on discoms: ICRAICRA said, flexible utilisation of coal linkages by state owned or central owned generation utilities would result in an optimal utilisatio...
- Incentives to states progressing under Uday: Piyush GoyalAssam and Telangana on Wednesday joined Uday, taking the count of states that are part of the discom revival scheme to 20.
- Reforms to help halve discom losses by fiscal 2019Consequently, aggregate losses of these discoms are seen declining 46% to Rs 20,000 crore from Rs 37,000 crore.
- Maharashtra joins Uday discom scheme, to get Rs 9,725 cr benefitsThe state and its power distribution utility signed the agreement with the Union power ministry on Friday to join the Ujwal Discom Assuranc...
- Increased efficiency and timely tariffs revision critical for UDAY’s success: ICRATariff hikes allowed in most states have been modest, ranging between, 0.6% and 8.8%. SERCs in three states have not approved any tariff hi...
- Andhra Pradesh joins UDAY to derive Rs 4,400 crore benefitsThe state has committed to take over discoms’ debt of Rs 11,000 crore during the current year, which will reduce the interest burden by Rs ...
- Karnataka, Goa join UDAY revival plan for state discomsKarnataka and Goa on Thursday joined the central government-sponsored revival plan for state power distribution companies.
- Haryana joins UDAY scheme for debt-laden discomsGovernment said Haryana has formally joined the Centre's 'UDAY' scheme for reviving debt- laden discoms, becoming the eleventh state to joi...
- Gujarat joins UDAY scheme for debt-laden discomsGujarat has formally joined the Centre's 'UDAY' scheme for revival of debt-laden discoms, becoming the 10th state so far to join the progra...
- Chhattisgarh joins UDAY scheme for debt-laden discomsChhattisgarh has formally joined the 'UDAY' scheme of the central government which is meant for revival of debt-laden discoms.
- Rajasthan third state to join discom revival scheme 'UDAY'The scheme is optional and operationalised through signing of an MoU between state governments, state discoms and the Centre.
- Andhra Pradesh first state to join discom revival scheme UDAYThe scheme is optional and operationalised through signing of MoU between state governments, state discoms and Centre.
- States need to accept revival plan for discoms: Ind-RaIn a bid to rescue almost-bankrupt state utilities, the Cabinet had earlier approved a scheme to recast their Rs 4.3 lakh crore of debt.
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