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WEST BENGAL DISCOM
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...- How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explainsJSW Energy’s Rs 3,150-crore stake sale in JSW Steel to GQG Partners and SBI Mutual Fund is expected to strengthen its balance sheet. Jeffer...
- 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...
- 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 ...
- Polaris gets new smart metering project worth Rs 2,246 cr in West BengalPolaris Smart Metering will supply, commission, install and maintain smart meters for consumers and system metering across the consumer bas...
- There's nothing called free powerThe losses of discoms surpassed the pre-UDAY level of 0.4% of GDP in 2018-19. Their long-term debt began rising in 2017-18, surpassed the p...
- Business that require a large consumer base invited to Bengal: WBIDC ChairmanCommenting on the policy of the state towards electric vehicles, Sinha said, “The present concessions for electric vehicles (EV) are at the...
- West Bengal secures $135 million World Bank loan to upgrade rural power distribution networkKolkata, International Bank for Reconstruction and Development (IBRD) has approved a USD 135 million loan to West Bengal to improve the ope...
- Discom losses down by 38% in FY20: R K SinghSingh said the lowest ranking discoms will find it difficult to get financing. “Those who are in (Grade) C (in the rating), they need to wo...
- 9 NTPC units in eastern region achieve highest ever quarterly power generationThe units have also realised 100 per cent of the billed amount from discoms in the last financial year, the power giant.
- Proposed delicensing of power distribution evokes mixed reaction in BengalFormer West Bengal State Electricity Regulatory Commission chairman R N Sen on the other hand welcomed the reform mooted by the Centre in E...
- Discoms suffering severe financial stress: Ind-RaOnly four discoms – Dakshin Gujarat, Madhya Gujarat and Uttar Gujarat and Bengaluru Electricity Supply Company Ltd have outperformed their ...
- Karnataka, Goa ink pact to join UDAY scheme: Piyush Goyal"Karnataka signed UDAY MoU resulting in gains of around Rs 4,300 crore over the next 3 years," Power Minister Piyush Goyal said in a tweet.
- Kerala, West Bengal, Uttar Pradesh, Bihar and Odisha to join UDAY scheme soon: Piyush GoyalWhile Kerala is expected to join the scheme in two weeks, Goyal said West Bengal chief minister Mamata Banerjee has verbally agreed to join...
- Centre urges West Bengal government to join power scheme UDAYIn order to ensure round the clock electricity to all, Piyush Goyal has urged West Bengal govt to join the UDAY scheme.
- West Bengal signals cheaper power tariff in 2-3 yrsWest Bengal government today hinted at a reduction in power tariff in the next 2-3 years following new captive block regulations.
- Delhi government reaching out to power companies for replacing discomsOfficial sources said the Delhi government had begun exploratory talks with several distribution companies from across the country.
- Power ministry cancels felicitation after Gujarat discoms top ratingsPower min cancelled a ceremony to felicitate the top-ranking distribution companies after four utilities from Guj emerged as the best.
- Power tariffs to go up in many states this year, says reportAmid rising concerns about the poor financial health of power distribution companies, electricity tariffs are likely to go up in many state...
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