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DISCOM DEBT REJIG
States line up to join centre's Uday Scheme for power distribution cosGujarat and Madhya Pradesh, whose distribution cos do not have accumulated loans, have evinced interest in joining the scheme along with 10...- New restructuring package for state discoms a positive: Fitch"The agency sees the new restructuring package offered to the state discoms in November 2015 as a positive," the rating agency said in a st...
- SBI hails SEBs package, says has no troubled assets to discoms"We believe the package will bring about a lasting solution to the problems in the SEBs because at the end of the day discoms' debt will ge...
- PowerMin sends note on discom debt rejig to CabinetAs per the proposal, the state electricity boards of Jharkhand, Bihar and Karnataka will be allowed to convert their outstanding loans, til...
- Power Ministry to approach Cabinet for tweaking FRP for some statesThe Power Ministry will soon approach the Cabinet for allowing it to incorporate certain changes in the government's debt recast plan.
- PowerMin to seek Cabinet nod for tweaking debt rejig planAccording to sources, there are certain accounting issues which are coming in the way of debt restructuring of Andhra Pradesh discoms .
- Jharkhand awaits Centre decision on PSU status for RPower plantThe Jharkhand government is awaiting Centre's decision on granting public sector status to Reliance Power's Tilaiya plant.
- RBI sets mark-up for power discom bondsRBI said on Thursday bonds issued by state power distribution companies will be valued at their current market value, if they are traded an...
- States need to do their job on discom debt rejig: Jyotiraditya ScindiaIndicating that the Ministry has done its part in helping with discoms debt rejig, Scindia said that it was now for the states "to do their...
- Haryana government gives nod to discoms debt rejigThe Haryana government today decided to take over debt liabilities of Rs 8,162.09 crore of power utilities as part Centre's bail out packag...
- Six states agree to debt recast plan of discoms: ScindiaJyotiraditya Scindia said that as many as six states have come forward for the government's ambitious financial rejig plan.
- States need not get into discom debt rejig: Tata PowerThe country's largest private power producer Tata Power's viewpoint come against the backdrop of Centre's financial restructuring plan for ...
- Loss-making discoms a drag on states' finances, says RBIPitching for periodic tariff revisions, the central bank said losses of discoms have also raised "serious concerns" for banks and financial...
- Discom debt rejig face hurdles; Punjab seeks upfront paymentTaking over of 50 per cent short term liabilities of discoms by respective state government is a major proposal.
- Central panel on discom debt rejig to meet this weekAt least 18 states have announced significant tariff increases during the period, with Tamil Nadu proposing as much as 37 per cent hike.
- Debt-rejig scheme for power discoms extended till March-endThe deadline for availing the Rs 1.9 lakh crore bailout scheme has been deferred by three months from the original December 2012, a senior ...
- Debt rejig to increase cash flow of power discoms: Rating agenciesRating agencies today welcomed the Centre's restructuring package for power discoms, saying it will increase cash flow to the ailing SEBs
- PSU power distribution companies' debt rejig proposal no remedy for sector woes: S&PThe govt's recent proposal to restructure debt of PSU power distribution cos will only provide temporary relief & is unlikely to spur inves...
- Power tariff hikes need to be 5-10% for healthy discoms: ReportLoss making power distribution companies would have to keep hiking rates by 5-10% for the next 5 years to break-even, according to a report.
- Planning Commission to meet state power ministers tomorrowThe Planning Commission has called a meeting tomorrow of state power ministers to address issues such as fuel shortages.
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