Chennai: Twenty-two out of 28 states have gone for power tariff hike post-elections. Despite an uptrend in tariff hikes in a few states in recent years, discoms continue to incur losses due to increase in power purchase cost, operating inefficiencies and high debt burden. Discoms continued to have weak operating efficiencies, as reflected by higher-than-regulator-approved aggregate technical and commercial losses, …
The Electricity Act 2003 provided the framework for the dismantling of the State Electricity Boards and the separation of generation, transmission and distribution into separate companies. In the U.K., a mandatory power pool had been created where all generators submitted bids for the next day, indicating the quantity they could supply along with the price. The price with the quantity …
LUCKNOW With the UP Electricity Regulatory Commission repeatedly emphasising on the need for introduction of direct benefit transfer system in the power sector, discoms in UP are working out a mechanism for direct transfer of power subsidies to the targeted consumers, including farmers. Under the proposed system, consumers will have to pay the full bill to discoms at the normal …
The Bharatiya Janata Party, on Wednesday, called the Aam Aadmi Party government's order to conduct a special audit of Distribution Companies over power subsidies as a “sham”. While addressing a press conference, Delhi BJP president Virendra Sachdeva demanded an audit of power subsidy by the Comptroller and Auditor General. On Tuesday, the Delhi government issued a direction to power regulator …