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Articles for Discoms, search results for scheme

Billing Losses in India's Electricity Distribution Sector: A Path to Financial Health?
1 month, 3 weeks ago

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

Live Mint  

Power distributors must drastically slash their billing losses to alleviate financial distress. Recent data indicates a downward trend in AT&C losses, but discoms have lost more and are facing significant losses. Billing losses are a critical factor contributing to the financial distress of distribution companies. Regulators should consider setting a 6% billing-loss target and implementing optimized strategies to reduce losses.

Government Law Technology Energy
PM Surya Ghar scheme: Balance consumer equity with discom stability
7 months, 1 week ago

PM Surya Ghar scheme: Balance consumer equity with discom stability

Live Mint  

The recent launch of the Pradhan Mantri Surya Ghar: Muft Bijli Yojana is a major step towards meeting India’s ambitious target of generating 40 gigawatts of rooftop solar energy by 2026-27. Having built detailed models on stakeholders, incentives and costs as well as benefits, our initial findings indicate that there is a notable disparity in the payback period for different …

Energy Consumer Power Solar Rooftop Consumers Tariff
Chhattisgarh: Baghel reinstates OPS for state-owned Discoms staff
1 year, 2 months ago

Chhattisgarh: Baghel reinstates OPS for state-owned Discoms staff

Deccan Chronicle  

Raipur: Chhattisgarh cabinet has cleared the proposal for restoration of the old pension scheme for the employees of state-owned power companies. The decision was taken at the state cabinet meeting held under the chairmanship of chief minister Bhupesh Baghel late on Friday evening, official sources said on Saturday. The cabinet also approved the proposal to establish the State Mahua Board …

Mahua Reinstates Ops
Solar Energy Corporation of India will supply 3,000 MW of solar power from Sept. 2024, says Andhra Pradesh Energy Minister
1 year, 11 months ago

Solar Energy Corporation of India will supply 3,000 MW of solar power from Sept. 2024, says Andhra Pradesh Energy Minister

The Hindu  

The State government is taking various steps to strengthen the nine-hour free power supply to the farm sector in order to make agriculture a profitable activity and empower farmers. The most significant of these steps is the tie-up with Solar Energy Corporation of India for supply of solar power, which will start with 3,000 Megawatts from September 2024 in the …

Supply Farmers Power Solar Power State Solar Energy 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 L-G orders probe into AAP govt's free power scheme, Kejriwal links it to Gujarat polls
2 years, 2 months ago

Delhi L-G orders probe into AAP govt's free power scheme, Kejriwal links it to Gujarat polls

India Today  

Delhi L-G Vinai Kumar Saxena has ordered a probe into the alleged irregularities in the power subsidy scheme of the AAP dispensation, prompting a strong response from Chief Minister Arvind Kejriwal who linked it to the Gujarat polls and claimed the move aimed at stalling the free electricity initiative. Saxena's action followed a complaint filed at the L-G Secretariat which …

Delhi Gujarat Power Free Alleged Aap Kejriwal
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
PM launches scheme to boost efficiency, financial sustainability of discoms
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
Unplugging electrical hazards: Towards better public safety in Karnataka
2 years, 7 months ago

Unplugging electrical hazards: Towards better public safety in Karnataka

The Hindu  

Last month, the unfortunate news of a father-daughter duo dying from electrocution due to a transformer blast in Bengaluru put a big question mark on electrical safety in public places. According to a Karnataka Government site, data from the last three years show that 58 departmental and 1,077 non-departmental fatal accidents took place at five state electricity distribution companies during …

Safety Karnataka Infrastructure Electricity Electrical Transformer Distribution
Powering agriculture in India
3 years, 3 months ago

Powering agriculture in India

Hindustan Times  

The Government of India launched the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan scheme in 2019 to improve irrigation access and farmers’ income through solar-powered irrigation. Under its components A and C, the scheme aims to promote innovative models for solar-powered irrigation by setting up solar power plants on agricultural land, and solarising existing grid-connected pumps, respectively. Component A …

India Farmers States Challenges Plants Solar Scheme
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
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