Telangana discoms lost ₹6,000cr due to BRS govt’s deal: Officials
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 Chhattisgarh state power distribution company Ltd on September 22, 2015. As per the KCR government’s decision, the two power utilities signed the PPA with the Chhattisgarh state power distribution company Ltd on September 22, 2015 for procurement of 1,000 MW of power from the 2x500 MW thermal power station situated at Marwa in Janjgir-Champa district. Another factor that added to the huge losses to the Telangana Discoms was the BRS government’s decision to take on lease a transmission corridor from Power Grid Corporation India Ltd for the supply of 1,000 MW of electricity from Chhattisgarh.

Electricity Telangana Commission Crore Reddy Brs Kcr Chhattisgarh Additional Discoms Telangana Discoms Purchase Power Tserc 1000 Mw Pgcil  6000cr  officials  govts  purchase  power  brs  chhattisgarh  deal  discoms  crore  electricity  telangana  commission  additional  mw  lost

History of this topic

YSR Congress Chief Criticizes Power Sector Recovery of FPPCA Charges
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.

T&D Losses May Force Discom to Privatise Charminar Circle
5 months ago

T&D Losses May Force Discom to Privatise Charminar Circle

Deccan Chronicle  

Hyderabad: Telangana Southern Power Distribution Corporation Ltd, which supplies power to the southern zone, including Hyderabad, could privatise functions like meter reading and revenue collection in the city’s south circle, in the wake of above-average distribution loss and poor bill collection, said an electricity employees’ union leader. Speaking to Deccan Chronicle, K. Eshwar Rao, president of the Telangana State United …

BRS Government hasty power purchase cost state Rs 6,000 cr
6 months ago

BRS Government hasty power purchase cost state Rs 6,000 cr

Deccan Chronicle  

Hyderabad: Telangana's power utilities have incurred staggering losses amounting to over Rs 6,000 crore due to the hasty power purchase agreements entered into by the previous BRS government with the Chhattisgarh government for the supply of 1,000 MW in 2014, official sources said. Official sources said that the previous BRS government signed PPAs without inviting tenders, resulting in huge financial …

HC curbs Centre in power dues case
1 year, 4 months ago

HC curbs Centre in power dues case

Deccan Chronicle  

HYDERABAD: The Telangana High Court on Tuesday directed the Union government not to take any coercive steps against the state or its power utility companies over a due of ₹ 6,757 crore reportedly to be paid to Andhra Pradesh. Against the backdrop of statements made by the Union minister for energy and power in Parliament on August 1 — that …

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

Bandi asks KCR to issue power dues white paper
2 years, 4 months ago

Bandi asks KCR to issue power dues white paper

Deccan Chronicle  

HYDERABAD: BJP state president Bandi Sanjay alleged that Chief Minister K. Chandrashekar Rao was proposing to collect Rs 4,000 crore from people as electricity charges despite the fact that his mismanagement had put power utilities in financial doldrums. Speaking to reporters, he said that power utilities owed Rs 60,000 crore and if the government fails to clear the dues, Telangana …

Telangana HC clears way for discoms to buy electricity
2 years, 7 months ago

Telangana HC clears way for discoms to buy electricity

Deccan Chronicle  

Hyderabad: The Telangana High Court directed the Centre and electricity bodies not to prevent the Telangana power distribution companies to operate through the power exchange as well as secure power through open access if there is default of payments. The direction was issued by Justice Radha Rani of the Telangana High Court to the Union ministry of power, the Union …

Telangana discoms set to hike power tariff from April 1
2 years, 9 months ago

Telangana discoms set to hike power tariff from April 1

Deccan Chronicle  

Hyderabad: The Telangana state power distribution companies are all set to hike power tariff from April 1. The two had already submitted proposals to the state electricity regulatory commission seeking a tariff hike of 50 paise per unit for domestic consumption and Rs 1 per unit for non-domestic sectors for 2022-23. It is estimated that a hike in power tariff …

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