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FINANCIAL HEALTH OF DISCOMS
Power Minister nudges discoms to boost financial healthThe power ministry urged distribution companies to enhance their financial viability and adopt cost-reflective tariffs to attract investmen...21 Feb, 2025, 12.03 AM IST- Electricity distribution companies continue to remain a burden on state finances: RBIThe Reserve Bank of India reported that DISCOM losses reached Rs 6.5 lakh crore, impacting state finances. The RBI recommends improving eff...21 Dec, 2024, 11.46 AM IST
- Government working on debt recast of discoms: Ratan WatalThe government is working on debt recast of state power distribution companies to improve the deteriorating financial health of the discoms...05 Oct, 2015, 06.08 PM IST
- 'Asset quality risks from power sector weaknesses to continue'Moody's views these specialised financial institutions' position as being comparatively more stable, as they benefit from a number of prote...18 Jun, 2014, 07.15 PM IST
- 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...27 Jun, 2013, 09.04 PM IST
- Scindia terms rise in power tariffs as 'bitter pill'Power distribution companies need to reduce technical and commercial losses as well as to improve financial health:Power Minister Jyotiradi...27 Jan, 2013, 03.32 PM IST
- Power tariffs to move in line with rising input cost: Power MinistryHowever, the Power Ministry is of the opinion that hikes in power tariffs could be "moderated".13 Jan, 2013, 01.10 PM IST
- 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.07 Jan, 2013, 03.20 AM IST
- CCEA may consider Rs 2 lakh crore discoms' debt rejig next weekThe Cabinet Committee on Economic Affairs is likely to consider the proposal to restructure Rs 2 lakh crore worth debt of power distributio...20 Sep, 2012, 09.48 PM IST
- Power distribution companies owe Rs 550-600 crore to Power Grid"Transmission charges due from distribution companies, including those from Delhi and Uttar Pradesh, are about Rs 550-600 crore," a senior ...13 Jul, 2012, 04.16 PM IST
- Discoms owe over Rs 1,000 crore to NHPCState-run NHPC is yet to receive dues of over Rs 1,000 crore from various power distribution companies.24 Jun, 2012, 11.52 AM IST
- Government likely to clear power discoms' debt recast by month-endThe government is likely to give the green signal this month for the restructuring of debt held by state-run power distribution companies.21 Jun, 2012, 05.08 PM IST
- Rating system for discoms likely to be operational next year: Power MinistryAmid rising concerns over losses of power distribution cos, a rating system to assess their overall performance is expected to be operation...22 May, 2012, 11.24 PM IST
- Discoms' losses may rise to 1.2% of national GDP: ReportUnless reforms happen, the overall losses of power distribution cos will account for up to 1.2% of the country's nominal GDP by March, 2014.06 May, 2012, 11.31 AM IST
- Chaturvedi panel likely to suggest financial incentives for power distribution companiesThe committee is looking at financial health of discoms in seven states including Tamil Nadu and Uttar Pradesh.26 Feb, 2012, 11.45 AM IST
- Sliding volumes, payment delays hit power trading marketThe power traders are already seeing a sharp decline in their trading volumes in a market grappling with high business risks, the experts h...25 Dec, 2011, 12.55 PM IST
- Amid huge losses, new panel looks at restructuring discomsEarlier this month, the high-level Shunglu Committee on Financial Position of Distribution Utilities report came with a slew of suggestions.25 Dec, 2011, 12.28 PM IST
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