Power distribution in India is by and large a state-owned monopoly and remains the weakest link in the power sector value chain despite a number of measures taken by the government to address issues over the years.
Despite a big slippage on meeting the operational goals set under the UDAY scheme in FY19 and the Union power ministry repeatedly flagging inadequate tariff hikes as one of the reasons behind state electricity boards’ (SEBs) weak financial health
Inadequate revision of rates alongwith delay in filing tariff petitions are likely to remain an area of concern in the financial year 2020 for distribution companies (Discoms), says a report.
While the operational targets set under the UDAY scheme for the revival of electricity discoms are being missed and the efficacy of the scheme itself has come under a cloud, several state governments are putting further burden on these entities by unveiling various sops for different sections of consumers
State-run electricity distribution companies (discoms) reported financial losses of over Rs 15,000 crore in the first half of this fiscal — as much as the losses incurred by them during the whole of last year (see chart
Supplying 24×7 power to all, poor financial health of state electricity distribution companies (discoms), late payments and a less carbon-intensive economy are some of the issues that are likely to come up at the state power ministers conference today, according to government officials.
With the current estimate of thermal sector stress at over Rs 2.5 lakh crore of investments, the future of the power sector does not look promising. The question is, has UDAY, Modi government’s flagship scheme to alleviate power sector from its distress, worked
The scheme to provide LED bulbs to households across the country has led to annual savings of upto Rs 50,000 crore in electricity bills, said finance minister Piyush Goyal in his Interim Budget speech for 2019-20.
While the Centre plans to come up with Ujwal DISCOM Assurance Yojana (UDAY) 2.0 after the first one failed, experts feel this version of the scheme will meet the same fate as the government has not learnt anything from its experience.
After trimming its aggregate technical and commercial (AT&C) losses to 11.9%, the Kerala State Electricity Board (KSEB) has pitched for hiking user tariffs by 10% to add at least Rs 1,100-crore revenue per year.