Billing Losses in India's Electricity Distribution Sector: A Path to Financial Health?

3 weeks, 6 days ago

UP Power Sector: Plans Underway To Privatise Loss-Making Electricity Distribution Companies

ABP News

UP Electricity Privatisation News: The Uttar Pradesh Power Corporation Limited is preparing to privatise electricity distribution in the state, aiming to address the persistent financial losses faced by its power distribution companies. The decision was finalised during a high-level meeting held on Monday, which included UPPCL Chairman and the Managing Directors of the state's distribution companies. The objective is to …

Companies Distribution Uppcl Power Sector Privatise Electricity

1 month, 3 weeks ago

YSR Congress Chief Criticizes Power Sector Recovery of FPPCA Charges

The Hindu

YSR Congress Party president Y.S. Jagan Mohan Reddy has claimed that the recovery of Fuel and Power Purchase Cost Adjustment (FPPCA) charges by the DISCOMs was a 'Diwali gift' to consumers from Chief Minister N. Chandrababu Naidu. Reddy alleged that the concerns raised by the people were apparently not taken into consideration.

Politics Law Finance Energy

3 months ago

Union Minister’s reply on power privatisation: Congress urges CM to take up issue with Nirmala Sitharaman

The Hindu

: Member of Parliament and PCC chief V. Vaithilingam on Saturday said the Union Government was determined to privatise the Electricity Department despite the strong the objections raised by the employees and political parties in Puducherry. Mr. Vaithilingam said Union Minister of State for Power and Renewable Energy Shripad Naik had sent a letter to him on September 14 justifying …

Loss Congress Power Union Lok Sabha Department Minister

3 months, 3 weeks ago

UPPCL to launch state-wide campaign to combat electricity theft

Hindustan Times

The UP Power Corporation Ltd will launch a state-wide campaign to curb electricity theft after identifying feeders with significant losses, aiming to reduce losses and improve its financial health. For Representation Only Corporation chairman Ashish Kumar Goyel issued directions to the officials in a meeting here on Tuesday. “Identify feeder-wise areas with a higher likelihood of theft and launch a …

Goyel

4 months, 1 week ago

Rising revenue gap: Over 40% of power UPPCL sold till June remains unpaid

Hindustan Times

Despite all efforts, the Uttar Pradesh Power Corporation Limited has been unable to curb escalating commercial and technical losses even as it seeks a tariff hike from the regulator to address the around- ₹12,000-crore revenue gap for the current financial year. For representation only According to the Corporation’s own data, these losses have surged by approximately 7% as of June …

Power Revenue Increase Losses Meerut Discom Uppcl Sold

4 months, 3 weeks ago

UPPCL revenue recovery takes a hit despite sale of 24% more energy

Hindustan Times

Lucknow: Amid its ongoing financial struggles, Uttar Pradesh Power Corporation Limited has flagged 37 of its 40 zones where the revenue recovery rate per unit decreased since the last year despite it selling 24% more energy to users during the same period. Kanpur’s KESCO showed a decline of 84 paise per unit, the highest of all discoms in the state …

Revenue Rate Unit Zones Paise Uppcl Hit Despite

5 months, 1 week ago

Special CS (Energy) tells officials to ensure supply of quality power without any interruption

The Hindu

Special Chief Secretary K. Vijayanand instructed the power utilities to take necessary measures to ensure supply of quality power without any interruption to all categories of consumers, including 9-hour free power to the agriculture sector, which was the government’s top priority. Chakradhar Babu, EPDCL CMD I. Prudhvi Tej and SPDCL CMD K. Santosha Rao, Power Finance Corporation executive director Saurav …

Power Vijayanand Interruption

5 months, 2 weeks ago

Losses in power sector under YSRCP: Naidu

Hindustan Times

Andhra Pradesh chief minister N Chandrababu Naidu on Tuesday alleged that the previous YSR Congress party government had imposed a tariff burden of ₹32,166 crore on the power consumers of the state, besides pushing the state power distribution companies into a debt of ₹49,596 crore in the last five years. Chandrababu Naidu target before the present government is to revive, …

Power State Sector Burden Power Sector Crore Naidu

6 months ago

Telangana discoms lost ₹6,000cr due to BRS govt’s deal: Officials

Hindustan Times

The power distribution companies in Telangana suffered huge losses to the extent of ₹6,000 crore due to signing of power purchase agreement by the previous Bharat Rashtra Samithi government in the state with Chhattisgarh government in 2015, people familiar with the matter said on Tuesday. As per the KCR government’s decision, the two power utilities signed the PPA with the …

Electricity Telangana Commission Crore Reddy Brs Kcr

8 months, 3 weeks ago

Govt depts bleed PSPCL, owe ₹4,637 crore in power arrears

Hindustan Times

Patiala : Electricity bill arrears of consumers in Punjab have shot up by nearly ₹400 crore in a year. From ₹4,240 crore in the 2022-23 fiscal, the pending power bills of Punjab State Power Corporation Limited consumers has swelled to ₹4,637 crore till February-end this year, data from the state power utility records reveals. From ₹ 4,240 crore in the …

Power State Crore Departments Department Punjab Consumers

9 months, 2 weeks ago

Power Sector Reforms Drive Odisha’s Economic Growth; Distribution Model Sets Up New Standards

Deccan Chronicle

Bhubaneswar: Odisha, which has of late emerged as one of the most favourite investment destinations for manufacturing and service sector players, seems to be hugely benefiting from the sweeping power sector reforms. “With several milestones crossed in the past three years, including an increase in new connections, job creation for fifty thousand people, industrial linkages to over five thousand facilities, …

Odisha Power Model State Tata Power Service Sector Growth Distribution

9 months, 3 weeks ago

Industries welcome downward revision in electricity tariff

The Hindu

Consumers and industries have welcomed the downward revision of electricity charges by Karnataka Electricity Regulatory Commission and have described it as ‘’historic’’. The ESCOMs across Karnataka including the Chamundeshwari Electricity Supply Corporation had sought an upward revision ₹0.35 per unit for domestic consumers besides an increase of ₹0.15 per unit by way of fixed charges ostensibly to meet its revenue …

Unit Industries Cesc Electricity Tariff

9 months, 3 weeks ago

Electricity tariff down for the first time in nearly 15 years

The Hindu

Ahead of the Lok Sabha elections, the Karnataka Electricity Regulatory Commission made an early tariff revision announcement for the financial year 2024–25 on Wednesday. For the first time in nearly 15 years, there is a significant reduction in energy charges of electricity tariff across different categories. The commission has announced a reduction of 110 paise a unit for LT – …

Charges Tariff Paise Kerc Energy Charges Unit Energy

10 months ago

Odisha: Railways not a deemed distribution licensee, rules appellate tribunal

New Indian Express

BHUBANESWAR: In a major victory for Odisha Electricity Regulatory Commission, the Appellate Tribunal for Electricity in a significant ruling has held that Indian Railways is not a deemed distribution licensee as it does not supply electricity to consumers for a price as per provisions of Electricity Act, 2003. “The total financial losses to distribution licensees and Gridco will be approximately …

Electricity Distribution Licensee Oerc Gridco

11 months, 1 week ago

Govt removes licencing provision for consumers on quantum of power loads

New Indian Express

NEW DELHI: The power ministry on Monday removed the licencing provision for consumers having more than a specified quantum of load and energy storage systems. “A generating company or a person setting up a captive generating plant or an energy storage system or a consumer having load of not less than 25 MW in case of Inter State Transmission System …

Access Consumers Open Access

1 year ago

Centre's role in power sector not acknowledged: BJP

Deccan Chronicle

Hyderabad: Adilabad’s BJP legislator Payal Shankar said that while the BRS had lied about giving 24 hours power, the Congress promises on power supply and its financial implications are quite worrisome. The BRS, while claiming credit for the improved power supply in the state, did not acknowledge the stellar facilitating role of the Centre. Today, we are the third largest …

Power Centre Brs

1 year ago

Andhra Pradesh power utilities decide against increasing tariffs despite a revenue gap of ₹13,879 crore

The Hindu

The AP-Transco and distribution companies have pegged their total Aggregate Revenue Requirement for the FY 2024-25 at approximately ₹56,576 crore and the revenue gap at current tariffs at ₹13,879 crore, which is higher than the previous year’s ₹11,800 crore. The power purchase cost is estimated to be ₹39,017 crore, and the transmission and load dispatch cost ₹5,723 crore, while the …

Crore Tariff Total Revenue

1 year, 2 months ago

Congress government creating artificial power shortage, alleges Kumaraswamy

The Hindu

The former Chief Minister and new ad hoc State president of the JD H.D. Kumaraswamy on Saturday alleged that although there is ample scope for power generation from various sources in the State, the Congress government was creating an “artificial shortage” to purchase power from private companies. Addressing presspersons here, Mr. Kumaraswamy alleged that the State government had been “trying …

Congress Private Companies Power State Kumaraswamy Power Generation

1 year, 2 months ago

Power cuts in Karnataka to hit MSMEs’ domestic, exports delivery commitments

The Hindu

The business outlook of around 6 lakh medium, small and micro enterprises in Karnataka looks bleak as interruptions in power supply by way of scheduled/unscheduled power cuts and load-shedding are only likely to continue as the state started at a drought situation with monsoon clearing failing this year. Echoing similar sentiments and expressing his concerns, Ramesh Chandra Lahoti, the newly …

Karnataka Power Supply Msme Power Cuts Msmes Devarajan

1 year, 3 months ago

Soon, consumers will have to pay first and then use power in Andhra Pradesh

The Hindu

The Andhra Pradesh Electricity Department is rolling out a smart and prepaid metering system for all consumers as part of the Revamped Distribution Sector Scheme, a Central Government- J. Padma Janardhana Reddy, Chairman and Managing Director of Andhra Pradesh Central Power Distribution Corporation Ltd., told The Hindu that the deployment of prepaid meters would follow a phased approach, beginning with …

Power Power Supply Reddy Consumers Prepaid Meters

1 year, 5 months ago

'Excessive' power costs for consumers questioned as wholesale prices tumble

ABC

Consumers could pay more than necessary under benchmark power price rises that recently came into effect, a senior energy researcher has said. Key points: A senior energy researcher has queried whether benchmark power price rises are overly generous Default market offers jumped up to 25 per cent but forward wholesale prices have plummeted The Australian Energy Regulator based most of …

Energy Market Power Prices Coal Price Victoria

1 year, 5 months ago

Power bill to increase for some Delhi users; Atishi blames Centre

The Hindu

Domestic consumers with a monthly usage of over 200 units of electricity will have to pay more as the Delhi government has decided to impose a hike upto 8% in the Power Purchase Ad justment Cost, Power Minister Atishi said on Monday. Further, she clarified that for TPDDL Consumers, PPAC will rise by 1.49% but the impact on the final …

Power Bjp Hike Centre Power Generation Ppac Delhi Electricity

1 year, 6 months ago

AP minister asks discoms to recover power dues from industries

Deccan Chronicle

VIJAYAWADA: Energy minister Peddireddy Ramachandra Reddy on Friday directed AP Eastern Power Distribution Company Limited officials to undertake a special drive to recover power dues, especially from industries. Reviewing the working of the electricity department with officials, he underlined that power dues from all sectors must be recovered and distribution losses contained. He asked officials to identify places where there …

Power Officials Power Dues

1 year, 6 months ago

Discom losses need urgent systemic fixes

Hindustan Times

India has announced aggressive decarbonisation plans to meet Prime Minister Narendra Modi’s pledge of net-zero carbon emissions by 2070; many of these plans — especially short-term actions — are tied to the power sector. Discoms are regulated entities in India, with almost all consumer prices set by independent state electricity regulatory commissions, in theory, they should not be loss-making, unless …

India Consumer Loss State Gap Losses Discoms

1 year, 7 months ago

Passing on losses of Discoms to consumers affects financial viability of industries, says A.P. Chambers

The Hindu

Chambers of Commerce and Industry Federation has written a letter to Union Minister for Power R.K. Singh, requesting him to not let the Discoms pass on their losses to the consumers as it will be an unbearable burden for them. In the letter written on Saturday, APCCIF president Pydah Krishna Prasad had said that the draft Electricity Rules, 2023, provided …

Costs Power Consumers Discoms

1 year, 7 months ago

AP Chambers wants levy on consumers cancelled

Deccan Chronicle

VIJAYAWADA: Andhra Pradesh Chambers of Commerce and Industry Federation on Saturday requested centre and respective state governments to share 50 per cent of losses incurred by power distribution companies, instead of permitting Discoms to collect the same from consumers. AP Chambers president Pydah Krishna Prasad submitted a requisition in this regard to union minister for power R.K. Singh. He said …

Power Chambers Discoms Krishna Prasad

1 year, 8 months ago

Govt depts to make centralised payment of power bills

Hindustan Times

LUCKNOW In a bid to streamline the bill payment process and help cash-strapped Uttar Pradesh Power Corporation Limited maintain liquidity, all government departments, corporations, development authorities, and local bodies will now pay their electricity dues centrally. To help UPPCL maintain cash flow, depts asked to clear dues quarterly According to officials, the government has decided to introduce a centralised billing …

Power Crore Departments Department Dues Bills Cash

1 year, 8 months ago

State govt installs over 2.5 cr smart prepaid meters across U.P.

Hindustan Times

The Uttar Pradesh government has installed smart prepaid meters on the premises of 2.69 crore consumers so far under the Government of India’s ‘Revamped Distribution Sector Scheme’, said a government spokesperson here on Friday. According to the spokesperson, chairman of Uttar Pradesh Power Corporation Ltd M Devraj informed that ₹18,885.48 crore has been approved by the Government of India for …

India State Crore Distribution Smart Prepaid

1 year, 10 months ago

Mint Explainer: Pakistan's power crisis has echoes elsewhere

Live Mint

The recent blackout across Pakistan is a reminder of the enormous energy crisis confronting Islamabad. A fast-growing India too can’t afford to be complacent, as the acute power shortage in April last year demonstrated, more so as it competes with coal and natural-gas rich Asean countries like Vietnam and Indonesia to gain from China’s decline and emerge as a manufacturing …

India Energy Vietnam Pakistan Sri Lanka Bangladesh Power

2 years, 1 month ago

Power cuts have hit SA in a big way — here's how they compare to the 2016 statewide blackout

ABC

Tens of thousands of South Australians are still without power after intense storms swept across the state over the weekend. Weekend storms leaves thousands in the dark At its peak, Saturday's weather resulted in the loss of power to more than 160,000 homes and businesses — easily the largest number since the 2016 blackout. "We had 163,000 customers without power …

Blackout Power South State Roberts Storms 2016

2 years, 3 months ago

Electricity (Amendment Bill) set to take country on path of total privatisation on electricity distribution

The Hindu

Published : Aug 27, 2022 16:15 IST The Narendra Modi government is known for its tendency to push through legislation without a discussion or by using the ordinance route. Thirteen non-BJP State governments and 10 central trade unions reportedly opposed the Bill on the grounds that it would erode federalism, increase centralisation of the functions of distribution companies and State …

Electricity States Companies Power Distribution State Amendment Centre

2 years, 4 months ago

Subsidies on power will continue: Power Secretary

The Hindu

The Centre’s move to introduce the Electricity Amendments Bill, 2022, has stoked protests by Opposition parties and trade unions on the grounds that it violated the Constitutional principles of federalisation, which was a step towards privatising the electricity sector and would make power costly. A major problem in the electricity distribution sector is the poor financial health of electricity distribution …

Electricity States Power Charges State Sector Bill

2 years, 4 months ago

PM launches scheme to boost efficiency, financial sustainability of discoms

Live Mint

NEW DELHI: Prime Minister Narendra Modi on Saturday launched the ‘revamped distribution sector scheme’ to improve the operational efficiency and financial sustainability of power distribution companies. Addressing the ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ programme virtually, the prime minister also asked states to clear their dues to power generation companies, which amount to over ₹1trillion. “The ministry of power’s …

India Energy Financial Prime Electricity Power Country

2 years, 4 months ago

A swelling mountain of bills plagues India’s power industry

Live Mint

A growing pile of unpaid bills in India’s power sector is risking the country’s development, Prime Minister Narendra Modi said, urging states to clear up their arrears to help modernize power systems. The South Asian nation’s power retailers, mostly controlled by provincial administrations, are burdened by heavy losses and together have nearly 1.4 trillion rupees in unpaid bills as well …

India Power

2 years, 7 months ago

How are power outages affecting small industries in India?

Business Standard

India’s small and medium businesses had only begun to recover from the economic impact of the pandemic followed by the geopolitical crisis, but the early onset of summer and recurring heat waves across north India paralysed them again. While the bigger, urban businesses are managing to sail through the crisis, small businesses and residents are not as fortunate.A series of …

India Industry Power Coal Small Businesses Punjab Kanpur

2 years, 7 months ago

Explained: Power Cuts Up To 8 Hours Amid Heatwave: Will It Get Worse Next Month?

News 18

Amid high electricity demand due to summers and low coal availability at power plants, many parts across the country are facing blackouts and the power cuts are ranging from 2 hours to as much as 8 hours. Why There’re Power Outages Various parts of the country are facing electricity cuts due to high demand in sweltering summer and acute coal …

Haryana Coal Country Shortage Power Plants Power Cuts Electricity Demand

2 years, 7 months ago

Entities in India’s power sector are selling without getting money on time

Firstpost

Power distribution companies have accumulated losses of over Rs 5 lakh crore and regulatory assets worth Rs 1.25 lakh crore. State-run Coal India is owed about Rs 12,300 crore by power generation companies and yet the biggest supplier of coal in the country continues to sell coal to its customers. Supply amid cash crunch According to Payment Ratification And Analysis …

India Power Companies Coal Payment Crore Lakh

2 years, 11 months ago

Applying the insolvency code to the power distribution sector

Hindustan Times

Recently, the Union ministry of power has asserted that State-owned power distribution companies come under the ambit of the Insolvency and Bankruptcy Code. Most state-owned discoms have been making heavy losses, and they require ongoing support from state governments in the form of grants, loans, and guarantees. If discoms are admitted into the resolution process under the supervision of the …

Business Supply Resolution Power Network Process State

3 years ago

Power discoms owe gencos more than ₹1.56 lakh crore: Minister

The Hindu

Total outstanding dues owed by power distribution utilities or discoms to generation firms are estimated to be more than ₹1.56 lakh crore, Parliament was informed on Thursday. “Discoms have not been able to pay the generation companies for the power procured, and the outstanding payments to generation companies are estimated to be in excess of ₹1,56,000 crore,” Power Minister R. …

Owe

3 years, 1 month ago

Power rates reduced by Rs 3 per unit in Punjab, announces CM Channi

India Today

Punjab Chief Minister Charanjit Singh Channi announced that power rates have been slashed by Rs 3 per unit in the state with immediate effect. Addressing a press conference on Monday, Punjab CM Channi said that the first 100 units of power will be charged at Rs 1.19 per unit for all domestic consumers. https://t.co/vBmNaN5P6I — Charanjit S Channi November 1, …

Congress Power Punjab Unit Channi Cm Channi

3 years, 3 months ago

Congress can curtail deadly power outages -- but will it?

Raw Story

On a sweltering summer night last year, Rita Grange, my then 91-year-old grandmother, sat dazed, tired, and anxious along with dozens of other older people on buses parked outside an assisted living center in Brooklyn. The core problem is a grid that has not kept up with growing demands for electricity even though the electric monopolies and the state utility …

Electricity Congress Outages City Residents Electric Brooklyn

3 years, 4 months ago

‘Tamil Nadu Generation and Distribution Corporation’s revamp cannot be deferred’

The Hindu

The Tamil Nadu Generation and Distribution Corporation has created huge liabilities for the long term and a complete restructuring cannot be postponed, the White Paper released by Finance Minister Palanivel Thiaga Rajan said. Domestic tariff subsidy is on an average ₹1.09 per unit as against the total cost of supply of ₹9.06 per unit leaving a large under recovery gap …

Tamil Nadu Unit Tangedco

3 years, 5 months ago

Why Centre's Rs 3 lakh crore scheme is a lifeline for India's discoms facing near financial outage due to losses

Firstpost

India has made great strides in power generation and coverage over the years, but what remains unchanged is the massive losses of power distribution companies, or discoms as they are commonly called. According to a study last year by the Institute for Energy Economics and Financial Analysis, “ailing state-owned power discoms continue to hamper the efficient functioning of the generation …

India Financial Power State Centre Sector Scheme

3 years, 6 months ago

Assam losing Rs 300 crore per month due to power theft, non-payment of electricity bills

India Today

Assam chief minister Dr Himanta Biswa Sarma on Monday said that due to power theft and non-payment of electricity bills, the state power sector is losing revenue worth about Rs 300 crore per month, prompting the government to take firm steps to recover revenue and stop illegal power consumption. In a meeting with three Assam government-run power companies Assam Power …

Loss Assam Electricity Companies Revenue Power Theft Consumers

3 years, 10 months ago

Budget 2021: Govt plans ₹3 trillion reform to revive ailing power utilities

Live Mint

India plans to spend ₹3 trillion on a new plan to revive regional electricity retailers, people with knowledge of the matter said, after a previous attempt failed to stem losses at the utilities. Prime Minister Narendra Modi’s government is focusing on turning around electricity distributors to ensure reliable power supplies, improving the financial health of generators and making the sector …

Power Plan Revive Ailing

3 years, 11 months ago

Power Sector Limping Back to Normal; Ensuring 24X7 Power Supply, Discoms' Fin Health Key Challenges

News 18

New Delhi: Limping back to normal after bearing the brunt of the pandemic this year, the power sector needs a slew of reforms, especially implementation of consumer rules to achieve the government's ambitious target of 24X7 electricity supply for all in 2021, and also steps to improve the financial health of discoms. The most important task before the government will …

Power Sector Discoms Power Sector Gencos 24X7 Power Supply

4 years, 2 months ago

Worst Mumbai power failure in decades hits trading volume

Live Mint

India’s financial capital saw its worst blackout in decades because of a grid failure, disrupting transport networks and briefly hitting trading volume in bond markets. Mumbai, home to India’s biggest stock exchanges, financial regulators and the central bank, witnessed a power outage at around 10 am local time. While Mumbai has largely been immune to the daily power outages that …

India Mumbai Tata Power Trading Volume Power Failure

4 years, 3 months ago

Saubhagya scheme for electrification: 82% rural power bills unpaid in UP since April

Hindustan Times

The Saubhagya scheme of universal household electrification appears to be turning into a major financial worry for the Uttar Pradesh government-owned power distribution companies. Data showed that 82.27% of rural consumers have not paid even a single electricity bill during the current financial year since April. While around 17% among the over two crore rural consumers have paid their bills …

Rural Electricity Power Scheme Kumar Consumers Discom

4 years, 3 months ago

Power ministry drafts consumers’ rights for 24X7 electricity

Live Mint

The Union power ministry has drafted the rules detailing the rights of electricity consumers, guaranteeing reliable power supply across the country. This comes against the backdrop of the National Democratic Alliance government readying a draft of power sector reforms, including implementing the direct benefit transfer scheme in the electricity sector for better targeting of subsidies, promoting retail competition and instilling …

Supply Electricity Power Power Ministry Drafts Consumers

Billing Losses in India's Electricity Distribution Sector: A Path to Financial Health?

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