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PPAC component of power bill reduced, relief for consumers in Delhi: OfficialsPower Purchase Adjustment Charges (PPAC) in Delhi have been reduced significantly, leading to expected lower electricity bills for consumer...- Discoms' outstanding dues dip by Rs 24,689 cr to Rs 1,13,269 cr in last 6 months: Power MinThe Ministry of Power on Wednesday said outstanding dues of electricity distribution firms (discoms) towards gencos, transcos and traders h...
- Power ministry tells banks to be cautious when lending to discomsThis is the first time that the Centre has warned banks, expressing concern about the financial position of distribution companies and pote...
- Discoms get Rs 46,321 crore under liquidity package so far out of total sanctioned loans of Rs 1.35 lakh croreThe central government had announced a liquidity infusion scheme as part of AatmaNirbhar Bharat Abhiyan on May 13, 2020, in the backdrop of...
- 40 sub-stations in Telangana too faced attack from Chinese hackersThe malware had entered 40 substations, but efforts by the hackers were successfully thwarted by state government agencies.
- Loans worth Rs 1.18 lakh crore sanctioned under discom liquidity package"The company and its subsidiary REC Ltd, upto October 31, 2020, has sanctioned an amount of Rs 1,18,273 crore respectively under this schem...
- PFC offers funding facility to discoms for timely payments of outstanding duesThe outstanding dues of discoms as of August stood at Rs 1.32 lakh crore compared to nearly Rs 97,000 crore in the same month last year, as...
- Over Rs 70K crore worth of loans sanctioned to discoms under liquidity package: GovernmentFinance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clea...
- 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...
- CERC reduces late payment fee on discom dues to gencos, transcosFor power purchase agreements signed on tariff-based competitive bidding, the relief on the Late Payment Surcharge for payment which become...
- UP first state to pass on Centre’s payment relief for discoms to consumersState power minister Srikant Sharma on Wednesday extended the payment period to April 30 for bills generated generated between March 1 and ...
- CLSA keeps buy ratings on PFC & REC, cuts price targetsShares of REC and PFC declined nearly 20% each on Friday and Monday on concerns that Ujwal Discom Assurance Yojna (UDAY) would dent their e...
- Maharashtra government looking to borrow loans at 4 per cent interestThe salary amount that the state government pays to its employees has risen to Rs 65,000 crore in 2015 from Rs 19,000 crore in 2005.
- Andhra Pradesh will set up energy varsity: Chandrababu NaiduHe attended a function for the signing of MoUs between Andrha Pradesh and two international power producers from Japan and Spain.
- Delhi may be spared tariff hike; public hearing in AugustDERC preliminary assessment suggests that against their demand for up to a 20% hike, not more than 2-3% is actually required to adjust the ...
- Telangana industries face no power cuts for first time in 15 yearsRao said the state-owned power utilities have succeeded in generating and saving at least 2,000 million units of power by internal efficien...
- Centre to provide Rs 500 crore grant to Andhra Pradesh for solar parksCentre has agreed to provide a grant of Rs 500 crore towards development of 2,500 MW solar parks in Andhra Pradesh, which has received good...
- Rural Electrification Corp to provide Rs 20,000-crore funding to Telangana utilitiesThe assurance was given by REC Chairman & MD Rajeev Sharma when he called on Telangana CM Chandrasekhar Rao at the Secretariat.
- Rashtriya Ispat Nigam Ltd output down 11% on IT implementation, power shortageRINL shifted to SAP's ERP solution during the month with production and marketing modules. This kind of transition takes time to stabilise.
- MERC puts power firms on noticeThe Maharashtra Electricity Regulatory Commission (MERC) has issued notices to power utilities in the state seeking a report on the power f...
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