Discoms

Showing of 21 - 40 from 67 results
Discoms - Total results - 67
Icra pegs Rs 85,000  crore subsidy dependence for discoms in current fiscal
Business

Icra pegs Rs 85,000 crore subsidy dependence for discoms in current fiscal

Rating agency Icra has estimated a subsidy dependence of Rs 85,000 crore amid low tariff hikes allowed for discoms in 2018-19, and expects improvement in thermal plants capacity utilisation or PLF in near to medium term

Power ministry mulls Rs 50 crore reward for discoms under Saubhagya scheme
Business

Power ministry mulls Rs 50 crore reward for discoms under Saubhagya scheme

The power ministry is mulling a reward of Rs 50 lakh for state utilities employees and a grant of Rs 50 crore for discoms which will meet household electrification target under Saubhagya scheme at the earliest.

India’s rural electrification puzzle: Truth behind government's claim of taking power to 78% village households
India

India’s rural electrification puzzle: Truth behind government's claim of taking power to 78% village households

The discrepancy between the numbers of villages electrified and the actual rural households that receive electricity could be attributed to the definition of "electrification of a village."

Power ministry classifies electric vehicle charging stations under service, allows them to operate without licence
India

Power ministry classifies electric vehicle charging stations under service, allows them to operate without licence

The power ministry has categorised charging batteries of electric vehicles as a service which will help such stations operate without a licence.

New NPA rules: Power producers' body accuses RBI of overruling Parliamentary standing panel
Business

New NPA rules: Power producers' body accuses RBI of overruling Parliamentary standing panel

The Association of Power Producers has accused the RBI of over-ruling the Parliamentary standing panel on power and key ministries with its February 12 circular that ended all the existing loan restructuring mechanisms and voted for insolvency code to resolve stressed assets

Govt's higher borrowing of Rs 50,000 crore means there will necessarily be fiscal slippage
Business

Govt's higher borrowing of Rs 50,000 crore means there will necessarily be fiscal slippage

The alternative is to have central govt breach fiscal deficit target and borrow more from the market, which is being done now

Power firms to be fined for blackouts from April 2019, govt makes smart meters compulsory to prevent theft
Business

Power firms to be fined for blackouts from April 2019, govt makes smart meters compulsory to prevent theft

Distributors would be fined if they cut power to customers unless the shutdown was caused by factors such as the weather or a disaster that was beyond a company’s control.

Inside India’s coal industry, part 1: Transport woes continue to throttle supply as metal, power plants face shortages of the dry fuel
India

Inside India’s coal industry, part 1: Transport woes continue to throttle supply as metal, power plants face shortages of the dry fuel

Maintaining a regular supply of coal is becoming difficult for private steel, power, and aluminium producers, as they face shortage of coal due to throttled production in mines and poor transportation facilities

Saubhagya scheme: Electricity to all households a positive move, but can Modi govt resist subsidy?
Business

Saubhagya scheme: Electricity to all households a positive move, but can Modi govt resist subsidy?

It would be interesting to see if any state decides not to subsidise this power supplied to the poor

RK Singh takes over as power minister, vows to extend 'good work' by Piyush Goyal
Politics

RK Singh takes over as power minister, vows to extend 'good work' by Piyush Goyal

Power Minister RK Singh said on Tuesday he would complete the 'good work' started by his predecessor Piyush Goyal and realise the vision of the prime minister

Power distribution companies save Rs 15,000 cr under UDAY scheme, says govt
Business

Power distribution companies save Rs 15,000 cr under UDAY scheme, says govt

The Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more than 18 months of operation

Some power projects facing NPA issues close to getting resolved, says Piyush Goyal
Business

Some power projects facing NPA issues close to getting resolved, says Piyush Goyal

The power sector accounts for part of the overall problem of NPAs, or bad loans, affecting the Indian banking sector

Lower interest rate for debt-laden discoms under UDAY scheme inadequate: Fitch
Business

Lower interest rate for debt-laden discoms under UDAY scheme inadequate: Fitch

Fitch said that a meaningful improvement in discoms' economics will especially benefit power generation companies via higher utilisations and timely clearance of dues

Make financial sector a pillar of future economic growth: World Bank tells govt and RBI
Business

Make financial sector a pillar of future economic growth: World Bank tells govt and RBI

One set of reforms are structural and relate to making the financial sector more market-oriented and competitive, while the other revolves around addressing the problem of NPAs

NTPC saves Rs 446 cr in energy bill in April despite increase in coal cess
Business

NTPC saves Rs 446 cr in energy bill in April despite increase in coal cess

NTPC is making all possible efforts to bring down the energy charges under Ujwal DISCOM Assurance Yojna (UDAY) for revival of debt-ridden discoms

Delhi CM Arvind Kejriwal warns discoms over power outages
India

Delhi CM Arvind Kejriwal warns discoms over power outages

In a stern warning to discoms, Delhi Chief Minister Arvind Kejriwal on Tuesday said they will be made to compensate consumers for even one-hour-long outage if they do not spruce up their supply network in the next six months.

Budget 2016: No wish-list, implement existing schemes first, says discoms to govt
Business

Budget 2016: No wish-list, implement existing schemes first, says discoms to govt

Unlike having long wish lists for the Budget, the power distribution companies have urged the government to implement existing schemes in letter and spirit to strengthen the electricity sector.

Why UDAY, 7th Pay Commission are ticking time bombs on states' finances
Business

Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

What will the double whammy of the UDAY (Ujwal Discom Assurance Yojana), the central government’s financial turnaround scheme for state power distribution companies, and pay revisions of government employees do to the finances of state governments?

Bank NPAs a carryover from the past, remain at unacceptable level: Jaitley
Business

Bank NPAs a carryover from the past, remain at unacceptable level: Jaitley

Gross NPAs for banks, including restructured assets, now stand close to 12 percent -- a level seen in 2002-03.

Rescuing state discoms: UDAY can indeed bring a new dawn; but will states let it rise?
Business

Rescuing state discoms: UDAY can indeed bring a new dawn; but will states let it rise?

It will be interesting to see if state governments go beyond scoring political points and implement UDAY in spirit