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
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
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
The power ministry has categorised charging batteries of electric vehicles as a service which will help such stations operate without a licence.
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
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
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
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
It would be interesting to see if any state decides not to subsidise this power supplied to the poor
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
The Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more than 18 months of operation
The power sector accounts for part of the overall problem of NPAs, or bad loans, affecting the Indian banking sector
Fitch said that a meaningful improvement in discoms' economics will especially benefit power generation companies via higher utilisations and timely clearance of dues
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 is making all possible efforts to bring down the energy charges under Ujwal DISCOM Assurance Yojna (UDAY) for revival of debt-ridden discoms
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.
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.
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?
Gross NPAs for banks, including restructured assets, now stand close to 12 percent -- a level seen in 2002-03.
It will be interesting to see if state governments go beyond scoring political points and implement UDAY in spirit