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Articles for Discoms, search results for dues

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 …

Power Telangana Cost Crore Chhattisgarh Additional Telangana Discoms
AP minister asks discoms to recover power dues from industries
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
TS power dues to AP escalate to Rs 7,102 cr
1 year, 7 months ago

TS power dues to AP escalate to Rs 7,102 cr

Deccan Chronicle  

VIJAYAWADA: The Telangana government’s power dues to Andhra Pradesh have gone up to Rs 7,102 crore on March 31. The total amount due from Telangana discoms, includes principal amount of Rs 3,441 crore and interest from June 2, 2014 to June 10, 2017. The Telangana High Court has scheduled April 27 for the final hearing on the petition filed by …

Power Telangana Power Dues
AP tells TS to clear power dues of Rs 3,441.78 crore to avoid late payment charges
1 year, 10 months ago

AP tells TS to clear power dues of Rs 3,441.78 crore to avoid late payment charges

Deccan Chronicle  

VIJAYAWADA: Andhra Pradesh has petitioned the Telangana government to clear the latter's power dues to AP worth Rs 3,441.78 crore. The AP Genco authorities say there existed no dispute vis-à-vis the principal amount in the dues of Rs 3,441.78 crore the TS Discoms owed it. The AP Genco noted that, as a 15 per cent annual interest rate is being …

Power Crore Dues Genco Power Dues Rs Ap Ts Discoms
Delhi L-G orders probe in AAP's free power scheme; Kejriwal links it to Gujarat polls
2 years, 2 months ago

Delhi L-G orders probe in AAP's free power scheme; Kejriwal links it to Gujarat polls

The Hindu  

The tussle between Delhi L-G V.K. Saxena and the Kejriwal Government intensified on October 4 as he ordered an inquiry into alleged irregularities in the power subsidy scheme, raising the hackles of AAP leaders who claimed his move was linked to Gujarat polls and aimed at stalling the free electricity initiative. “BJP-appointed L-G of Delhi has ordered the probe under …

Delhi Electricity Gujarat Private Companies Power Bjp Saxena
Delhi LG seeks report into discrepancies in power subsidy to BSES discoms
2 years, 2 months ago

Delhi LG seeks report into discrepancies in power subsidy to BSES discoms

India TV News  

Highlights The complainants alleged that the AAP appointed active political functionaries of its party The complainants have also alleged the AAP in a "classic case of corruption" They also alleged that the government has agreed to settle the dues against future payments Delhi Lieutenant Governor VK Saxena on Tuesday asked the Chief Secretary to inquire into the alleged "irregularities and …

Delhi Power Alleged Discoms Power Subsidy Delhi Lg Subsidy
PFC, REC may loan ₹1.45 trillion to help discoms clear dues
2 years, 4 months ago

PFC, REC may loan ₹1.45 trillion to help discoms clear dues

Live Mint  

State-run Power Finance Corp. Ltd. and its subsidiary REC Ltd. are expected to lend around ₹1.2 trillion to state-run electricity distribution companies under the Union government’s ambitious one-time settlement scheme that will kick in from 5 August, said two government officials. Discoms have been perennially plagued by low collections, rise in power purchase cost, inadequate tariff hikes and subsidy disbursement, …

Electricity Power Payment State Crore Clear Dues
Power discoms owe gencos more than ₹1.56 lakh crore: Minister
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
Cabinet Relaxes Working Capital Norm for Discoms to Get Loan under Rs 90k Crore Liquidity Plan
4 years, 4 months ago

Cabinet Relaxes Working Capital Norm for Discoms to Get Loan under Rs 90k Crore Liquidity Plan

News 18  

The Union Cabinet on Wednesday approved a proposal to relax working capital limit norm for discoms under the Ujwal DISCOM Assurance Yojana to get loans as part of Rs 90,000 crore liquidity infusion scheme. PFC and REC have been allowed to give loans above the limit more the 25 per cent working capital limit. However, some of the discoms were …

Loan Capital Cabinet Working Limit Discoms Uday