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Articles for Discoms, search results for finance

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
Telangana government to bear FCA charges of farmers
1 year, 11 months ago

Telangana government to bear FCA charges of farmers

Deccan Chronicle  

HYDERABAD: The Telangana government will bear the fuel surcharge adjustment for electricity consumed for agricultural purposes by farmers. Sources said Chief Minister K.Chandrashekar Rao reportedly instructed the finance department to release funds to the discoms towards FSA charges for farmers to avoid financial troubles to Discoms. The TS Electricity Regulatory Commission has set a cap on the highest FSA charge …

Fsa Tserc 30 Paise Fca Charges Fsa Charges
Freebie is not an issue, issue is how will you give it: Nirmala Sitharaman
1 year, 11 months ago

Freebie is not an issue, issue is how will you give it: Nirmala Sitharaman

The Hindu  

Responding to a question on freebies, Finance Minister Nirmala Sitharaman, who was participating in the 75th year celebrations of Panchjanya — an RSS-linked magazine, said that freebies are something that everyone is talking about these days and everyone traps others on the same subject. Attacking State governments, especially Aam Aadmi Party run Delhi government, that gives free power to residents …

Finance States Banks Freebie
The states must get their fiscal act together
2 years, 3 months ago

The states must get their fiscal act together

Live Mint  

Central bankers driving the current round of monetary tightening in the world are looking askance at fiscal laxity, which could grow the inflation disease even as monetary medicine is being applied. The Centre’s budgeted fiscal deficit for 2022-23 at ₹16.6 trillion, was 6.4 % of gross domestic product as then projected, but 6.2 % of the likely GDP for 2022-23 …

States Power State Centre Trillion Gdp Fiscal
Why Centre's Rs 3 lakh crore scheme is a lifeline for India's discoms facing near financial outage due to losses
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
Power Sector Limping Back to Normal; Ensuring 24X7 Power Supply, Discoms' Fin Health Key Challenges
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
Power Ministry Begins Process to Set Up Rs 2,000 Crore Joint Venture for Rollout of Smart Metres
4 years, 3 months ago

Power Ministry Begins Process to Set Up Rs 2,000 Crore Joint Venture for Rollout of Smart Metres

News 18  

The Power Ministry has begun the process to set up a Rs 2,000 crore joint venture for providing a common backend infrastructure facility to power distribution companies for faster roll-out of smart electricity metres in the country. The joint venture would have four promoters, NTPC Ltd, REC Ltd, Power Grid Corporation of India Ltd and Power Finance Corporation. The boards …

Crore Smart Joint Venture Ntpc Smart Meters Equity Investment
Closing down old thermal plants in 11 key States could save ₹53,000 crore: Report
4 years, 3 months ago

Closing down old thermal plants in 11 key States could save ₹53,000 crore: Report

The Hindu  

Shutting down thermal power plants older than 20 years in 11 key States can save the exchequer ₹53,000 crore over five years, says an analysis by Climate Research Horizon. While free power for agriculture and power theft are one reason, the authors opine, another is that several States have installed capacity based on projections that are far in excess of …

States Plants Power