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UJWAL DISCOM ASSURANCE
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 ...
- 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...
- Southern states account for most payment dues for renewable energy: Report"Piling overdues and payment delays can render the renewable projects unviable, which are already facing other risks such as tariff renegot...
- Government proposes grant of Rs 1.1 lakh crore for state discomsThe government expects to spur about Rs 3 lakh crore of investments in the distribution sector through the latest discom restructuring sche...
- 24x7 electricity for all: Tightrope walk for govtGovt is trying to attract investors in a sector where state power distributors continue to be in the ICU.
- Tardiness in tariff filings and inadequate tariff revision proposals negative for the power sector: ICRAICRA notes that state distribution utilities in 17 of the 29 states have filed tariff petitions for FY2020, reflecting a less-than-satisfac...
- REC has overcome stagnation caused by UDAY prepayment; see acceleration in coming monthsThe company's sanctions till September grew 12% to Rs 56168 from Rs 50,000 crore and the loan book rose 10% to Rs 2,15,845 crore from Rs 1,...
- UDAY scheme improves performance of discoms in FY17: Report"Our initial assessment of UDAY scheme suggests that both financial outcome and operational efficiency of reduction in AT&C losses have imp...
- 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 ...
- EESL issues large tender for 50 lakh smart metersThe tender sale next month. "A huge step towards controlling power theft and consumer convenience," an official statement of the ministry o...
- 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...
- Rs 3,600 crore PFC loan to 4 UP discoms for new connectionsPFC plans to expand into refinancing business and launch special short-tenure loans for power transmission projects won through competitive...
- Overall power shortage down to 0.7 per cent in 2016-17: GovernmentThere has been 40 per cent (more than one third) increase in transmission capacity from 5,30,546 MVA in March 2014 to 7,40,765 MVA in March...
- 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.
- 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...
- Puducherry to derive Rs 378 crore net benefit through UDAYWith this a total of 16 states and union territories have joined the scheme with the combined debt of around Rs 2.51 lakh crore that would ...
- Deadline for states to join Uday extended to March 2017The government has extended the deadline for states to join the debt restructuring scheme for power distribution companies by a year to Mar...
- 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.
- 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.
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