Subsidies on power will continue: Power Secretary
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 companies. A discom’s financial health depends on three factors: Properly determining tariffs, the government paying discoms the subsidies it owes and their operational efficiency. The Electricity Act doesn’t distinguish between State and private sector licensees.

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History of this topic

No electricity subsidies to grade-1, 2 state govt officers and employees in Himachal
1 week ago

No electricity subsidies to grade-1, 2 state govt officers and employees in Himachal

Hindustan Times  

From 2025, electricity subsidies would no longer be provided to grade-1 and grade-2 state government officers and employees, said chief minister Sukhvinder Singh Sukhu after chairing a review meeting of the Himachal Pradesh State Electricity Board Limited on Monday, where in discussions on incorporating modern techniques to improve the functioning of the Board was held. Chief minister Sukhvinder Singh Sukhu …

Centre says states should list financially viable power utilities; ₹42 tn investment needed in power sector by 2030
1 month, 1 week ago

Centre says states should list financially viable power utilities; ₹42 tn investment needed in power sector by 2030

Live Mint  

New Delhi: States should consider listing their power utilities including generation, transmission and distribution companies which are financially viable, in a bid to raise funds and increase operational efficiency, the Union power minister said. Addressing the media after a conference of state power ministers, Manohar Lal, the Union power minister said that there would be a requirement of ₹42 trillion …

Withdraw proposal for privatising power, appointing franchisees: Power engrs
4 months ago

Withdraw proposal for privatising power, appointing franchisees: Power engrs

Hindustan Times  

The All India Power Engineers Federation passed a resolution at its meeting in Nagpur on Saturday, demanding the Centre not bring in the Electricity Bill yet again and withdraw the proposal for privatisation and appointment of urban distribution franchisees, considering the larger interest of the energy sector and consumers. According to AIPEF chairman Shailendra Dubey, who chaired the meeting, delegates …

Power point: Free electricity, subsidies to continue till March 2025, says Delhi govt
9 months, 2 weeks ago

Power point: Free electricity, subsidies to continue till March 2025, says Delhi govt

New Indian Express  

NEW DELHI: The Delhi cabinet on Thursday approved the power subsidy scheme for 2024-25, which will enable 22 lakh families consuming up to 200 units of electricity to continue to get zero bills. Taking to ‘X’, the chief minister said: “Your 24 hours electricity and free electricity has been extended till 31st March 2025. Power Minister Atishi stated, “The government …

Delhi govt says power subsidy to continue till March 2025
9 months, 2 weeks ago

Delhi govt says power subsidy to continue till March 2025

Hindustan Times  

The Delhi cabinet on Thursday approved the extension of the power subsidy scheme for the financial year 2024-25. In a meeting chaired by chief minister Arvind Kejriwal, it was announced that the scheme would be in force till March 31, 2025, even as Kejriwal and power minister Atishi alleged the Opposition has made repeated attempts to derail the Aam Aadmi …

Power Subsidy Row: Delhiites to Get Inflated Bills from Monday? Here's What AAP, L-G Have to Say
1 year, 8 months ago

Power Subsidy Row: Delhiites to Get Inflated Bills from Monday? Here's What AAP, L-G Have to Say

News 18  

A fresh row broke out between the Aam Aadmi Party government and Delhi Lieutenant Governor VK Saxena after Power Minister and AAP leader Atishi accused the Lt Governor of not approving a file that would result in the discontinuation of power subsidies for almost 46 lakh people in the national capital from Friday onwards. ‘People will get inflated bills without …

Delhi electricity subsidy halves year-on-year to ₹1,644 crore
1 year, 9 months ago

Delhi electricity subsidy halves year-on-year to ₹1,644 crore

Hindustan Times  

There has been a sharp fall in power subsidy released by the Delhi government, the 2022-23 Economic Survey showed on Monday. The expenditure in the energy sector in 2021-22 was the highest in the past decade, with ₹ 3274.32 crore or 10.79% of the total expenditure incurred being utilised for the subsidy scheme. The decline could be attributed to the …

Why electricity subsidies need an urgent rethink
1 year, 10 months ago

Why electricity subsidies need an urgent rethink

Hindustan Times  

Several assembly elections are scheduled over the next 12 months, with a range of electoral promises being offered by all political parties. However, it is household electricity subsidies that need examination along several dimensions: One, targeting; two, saving energy; and three, financial impacts. Therefore, instead of free power, the system of electricity subsidies needs a structural rethink. The Centre for …

Power subsidy in Delhi on opt-in basis from October 1
2 years, 3 months ago

Power subsidy in Delhi on opt-in basis from October 1

The Hindu  

Delhiites will get subsidy on domestic power bills only on an opt-in basis from October 1, Chief Minister Arvind Kejriwal announced here on Wednesday. The decision, Mr. Kejriwal said, was based on public demand that consumers get the option of accepting or declining the power subsidy towards which an estimated ₹3,000 crore is spent by the Delhi government annually. “Out …

Electricity Amendment Bill may be pushed for passage in Winter Session of Parliament
2 years, 3 months ago

Electricity Amendment Bill may be pushed for passage in Winter Session of Parliament

Deccan Chronicle  

New Delhi: The power ministry is likely to be able to bring the Electricity Amendment Bill 2022 for consideration and passage in the Winter Session of the Parliament towards the year end, suggested Power Minister R K Singh. The Electricity Amendment Bill 2022 which seeks to create competition in the power distribution sector by providing consumers with options to chose …

Interview | Will forge political consensus against Electricity Bill: Vinod
2 years, 4 months ago

Interview | Will forge political consensus against Electricity Bill: Vinod

Deccan Chronicle  

HYDERABAD: B.Vinod Kumar, vice-chairman of the Telangana Planning Board, vowed that his party will forge a consensus among all political parties against the Electricity Amendment Bill, 2022, which the BJP government introduced in the monsoon session of Parliament. The central government attempted to introduce the Electricity Amendment Bill, 2021, under the guise of the financial viability of electricity distribution companies. …

MP, Rajasthan and Karnataka among top states to provide power subsidy
2 years, 4 months ago

MP, Rajasthan and Karnataka among top states to provide power subsidy

Live Mint  

The state of Madhya Pradesh, Rajasthan and Karnataka are among top states providing highest power subsidy bill, accounting for ₹48,248 crore which is 36.4 percent. In 2022-23, with their latest announcements, the state’s budget allocation on electricity subsidy is going to climb over ₹22,800 crore,” Hindustan Times has reported citing a power ministry official on anonymity. According to the Union …

A swelling mountain of bills plagues India’s power industry
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 …

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