Power Distribution Companies

Power sector to save Rs 2,500 cr annually after corporate tax cut; supply cost to come down for discoms: ICRA

The corporate tax cut is a positive development for the power sector as it will result in an estimated annual savings of Rs 2,500 crore for the power distribution segment, rating agency ICRA said on Monday

Clean energy producers can move NCLT against discoms over dues: Power Minister cautions 7 states

The power and new and renewable energy minister pointed out the power producers are likely to default on their payment obligations due to non-clearance of dues by the discoms

State power distribution companies will have to pay Rs 2,000 cr to solar firms as GST claims: Icra

The 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.

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

Delhi Government asks discoms to take steps as power consumption increases

At 6,361 Megawatt (MW), the Education Minister of Delhi acknowledged Monday saw the highest demand for power "in the entire history of the city".

PFC, REC stocks trip as talks on loan recasting of power discoms may be delayed

In the last five sessions before Tuesday, REC stock had jumped 13 percent in five sessions, while PFC counter spurted 10 percent on BSE

Cheap bijli, paani promise: AAP has to begin a new experiment in Indian urbanisation

Will AAP fare better with its promises? Will it be able to channelize disenchantment into productive measures?

Ready to probe finances of Delhi's power distribution firms, says CAG

The office of the CAG will not directly interact with the private companies.