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. …
The new norm Electricity Rules, 2020 gives consumers the right to have a minimum standard of service for power supply. He said, “These rules are important step towards furthering the ease of doing business across country.” The new rule makes the electricity distribution companies more accountable to the consumers because it provides several rights to them, one being getting quality …
Over the past decade, India has witnessed remarkable progress in providing universal access to electricity. Unlike the traditional electricity distribution model, ESF provides a robust framework incorporating rural customer centric focus, sound governance principles, a balanced approach to risk-reward sharing mechanisms, best in class operating practices and prudent regulatory mechanisms to ensure operational efficiency and better financial performance. Such engagements …
Universal and round-the-clock access to affordable electricity is a prerequisite for India’s sustained economic growth. The proposed reforms reflect the Centre’s intent to create a robust power sector for fuelling post-pandemic economic recovery Foremost among these is a cash-strapped distribution sector, the weakest link in the value chain. Recognising this, even amid Covid-19, the government refocused its attention on power …
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