State power distribution companies will have to pay Rs 2,000 cr to solar firms as GST claims: Icra
• 6 years agoThe Central Electricity Regulatory Commission (CERC), in its order in October, had approved the claims raised by solar power developers related to the impact of the introduction of the goods and service tax (GST) on their capital cost.
UP discoms bleeding money as Centre's UDAY scheme fails to prevent losses; 49% homes without power
Indiaspend • 7 years agoUP's electricity distribution companies (discoms) ran up losses totalling Rs 21,486 crore by 2016, as Centre's UDAY scheme failed to prevent losses.
Financial woes of power distribution cos run deep; it's too early to evaluate Uday
M Kapardhi Bharadwaj • 8 years agoUDAY does not promise any grants but voluntarily asks the states to take-over 75 percent of the debt of the respective Discoms
Jayalalithaa dead: How her policies made Tamil Nadu a successful welfare state with a difference
Madan • 8 years agoMs Jayalalithaa’s economic legacy will be more remembered in terms of what the government did for the alleviation of the poor, which has also been questioned by critics as being ‘populist’.
Cabinet approves new power tariff policy
Fp Archives • 9 years agoThe Cabinet today approved a new power tariff policy that aims at promoting clean energy, better regulation of discoms and faster rollout of investments.
New restructuring package for state discoms a positive: Fitch
Fp Archives • 9 years agoSuccessfully addressing the weak financial positions of state distribution companies (discoms) is key to improving the health of India's power sector, it added.
Fitch says sufficient and timely tariff hike must for discom health
Fp Archives • 9 years agoAccording to the statement, India's power generators continue to face low and declining capacity utilisation, mainly because financially-stressed distribution companies (discoms) are unable to purchase power.
BSES seeks payments of Rs14,500 cr outstanding dues from government
Fp Archives • 10 years agoBSES Rajdhani and Yamuna told the SC that if its existing outstanding dues of Rs 14,500 cr were not paid by govt, then the people of Delhiwould be saddled with a backlog in tariff dues
Court allows CAG to audit telcos: Why is big biz scared?
Fp Editors • 11 years agoIndia Inc fears that if CAG is allowed to audit telecom companies and - as has already been made amply clear to the three power distribution companies in Delhi - discoms in Delhi, no business is safe from the prying eyes of the Government.
AAP should help discoms with costs, just CAG audit won't help
Sindhub • 11 years agoInstead of only stressing on an audit of discoms' accounts, the AAP Government in Delhi must look for other ways to make power distribution profitable for the discoms while consumers are also not fleeced.