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SOUTHERN DISCOM
Tata Power awards contracts worth Rs 11,481 crore to local suppliersTata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local contractors and suppliers over the past three years. Th...- 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...
- Andhra Pradesh, Telangana & Bihar discoms to cut losses for Central fundsThese states are likely to be the first to get the money released under the second tranche of the Atmanirbhar Bharat scheme.
- Tata Power takes over control of Odisha's western, southern discomsWith the inclusion of two additional distribution utilities, Tata Power expands its consumer base to 9.5 million from the present base of 5...
- Tata Power gets letter of intent for 2 Odisha discomsAs per conditions of bid documentation, Tata Power will hold 51 per cent equity with management control and the state-owned GRIDCO will hav...
- Andhra HC directs discoms to clear dues owed to green power companiesThe discoms said in a fresh affidavit dated December 20 that they are securing loans from the Indian Renewable Energy Development Agency.
- AP discoms assure HC of settling all pending payments in 4 weeksThe affidavit, signed by the chief general manager of Andhra Pradesh Southern Power Distribution Company Limited, said bills of Rs 355 cror...
- HC breather to Andhra discoms on LCs to wind, solar firmsThe AP government stopped procuring renewable energy and, by extension, did not provide LCs to to renewable energy companies. A Power Minis...
- Significant regulatory uncertainty for wind, solar power plants in AP: ICRAIn the interim, the court directed the discoms to make payments for the pending bills and future bills at the rate of Rs 2.43 per unit for ...
- Last-minute rush of discoms to meet August 1 deadline for bank guaranteesNo electricity without bank guarantees after deadline; several state authorities confused.
- No power supply to discoms without bank guaranteesThose who don’t give letters of credit in favour of gencos won’t get access to spot markets.
- Poor cash flows of Andhra, Telangana discoms hit renewable projectsIndia Ratings said projects with resourceful sponsors and adequate internal liquidity are likely to withstand the emanating stress and ride...
- Surplus power capacity, enough coal likely to beat summer heatOwing to the forecast of above normal temperatures, the power ministry expects power demand in northern region to peak to 56 GW between Apr...
- Surplus power may cause Rs 8,000 crore loss to discoms in FY17According to the statement, 18 out of 36 states/UTs are expected to be power surplus in FY2016-17, as per CEA's Load Generation Balance Rep...
- Centre to allot 1,000 MW to southern grid in one weekThe Centre will allot 1,000 mw of power from the surplus available to the southern grid in one week to help the power-starved states in the...
- OERC revokes licences of three Reliance Group discomsThe company was seeking frequent upward revision of tariff without caring for reduction of aggregate technical and commercial (AT&C) losses.
- Tariff hike alone cannot bail out discoms: Care reportA series of tariff hikes had been effected by 30 discoms in last three years.
- Jharkhand starts unbundling SEB; to apply for discom package soonIn order to avail the Centre-backed FRP for debt-laden power distribution companies (discoms), states have to approach the Ministry of Powe...
- Reliance Power owned Discoms come under RTI scannerOrissa Information Commission passed an order bringing Reliance Power-owned power distribution companies - SOUTHCO, WESCO & NESCO under the...
- REL win 10 appeals in power tribunalIn a bonanza for Reliance Energy Ltd, the Appellate Tribunal for Electricity has ruled in its favour in as many as ten appeals filed by the...
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