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POWER DISCOMS REFORMS
India's Rs 11.2 trillion distribution capex to anchor smart metering shift towards outcomes: Central Electricity AuthorityIndia's power distribution sector is undergoing a massive Rs 11.2 trillion transformation by 2035. Smart metering is shifting focus to meas...
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...
India’s richest state is said to prepare for power utility IPOMaharashtra is preparing an IPO for its power distribution arm MSEDCL, aiming to raise $500 million to $1 billion. The move, supported by b...
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
Rewire power sector to roll back lossesThe electricity industry is awaiting a second generation of reforms two decades after the first wave drew private capital into generation. ...
Regulator can't revise power tariff payable to discom in the guise of prudence check: SCSetting aside the DERC order, it said the power regulator cannot amend the tariff order for the period April 01, 2008 to March 31, 2010 "in...
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...
Centre asks states to allow automatic pass through of costs to discomsFor the lack of robust mechanism of timely automatic pass through of fuel cost and transportation costs the generating companies face const...
Govt mandates energy accounting of discoms to reduce T&D lossesThe notification stipulates quarterly energy accounting by DISCOMs, through a certified energy manager, within 60 days. There will also be ...
Estimates of discoms' losses of Rs 90K cr for FY21 seem to be grossly inflated: Power ministryThese speculations trace their origins to a report published by rating agency ICRA on the power distribution sector in March 2021, the mini...
Power Ministry wants Finmin to advise banks on Discom reformsThe central government proposes to set right power distribution companies, saddled with estimated consolidated debt of Rs 5 lakh crore last...
Government may announce new scheme for revival of discoms to achieve 24x7 power for allIn September 2019, Power Minister R K Singh had said that the Ministry of Power was working on UDAY 2.0 scheme. There were expectations tha...
Distribution is the weakest link in India’s power sector: IEEFAExtremely financially distressed discoms either privatise their operations or the states allow entry of suitably qualified and capitalised ...
States to face fund cuts for missing UDAY targetsThe Centre in November 2015 had launched the UDAY to bring about operational and financial turnaround of debt-laden power distribution comp...
Success of UDAY make or break deal for power sector, says FitchFitch said while the outlook of the power utilities remains stable, the implementation of the reform measures is key to their ratings outlo...
- Funding to resume for power discoms undertaking reforms
Power distribution companies that undertake reforms will soon have access to funds as sectoral financial institutions and banks.
- Delhi’s negative example
Delhi government owes an explanation to the nation as to why it seeks to give short shrift to power sector reforms.