States’ electricity discoms are set to miss their target of paring down aggregate technical and commercial (AT&C) losses to 15 percent by the end of the current fiscal under the government’s flagship scheme Ujwal Discom Assurance Yojana (UDAY).
With the chances of meeting the UDAY target to limit the aggregate technical and commercial (AT&C) losses of electricity distribution companies (discoms) to under 15% by FY19-end virtually nil, the government has cited factors such as inadequate hikes in power tariffs,
The dues that power distribution companies (Discoms) owe generation companies (Gencos) have crossed ₹40,000 crore, according to industry players.
Making UDAY 2.0 deliver: State electricity boards and states must face large penalties to learn lesson
Even when it first began, the UDAY scheme to turnaround stressed state electricity boards (SEBs) looked too ambitious; while the plan envisaged tariff hikes, these were to be kept to a minimum since the fulcrum around which
With the electricity watchdog paving the way for group net metering and virtual net metering wherein multiple electricity consumers can be beneficiaries to a single solar plant,
There is an ambition that, by 2022, 70% of all homes in Asia will be connected via smart meters. World Bank estimates India’s energy efficiency potential alone at $11 billion. According to National Ujala Dashboard,
CEA yet to develop norms for ‘establishment costs’ of discoms, 12 months after power minister’s order
Over twelve months after Union Power Minister R K Singh asked the Central Electricity Authority (CEA) to develop norms regarding “establishment costs” of power distribution companies (discoms), the CEA
UP Power Corporation will now penalize agencies if consumer doesn’t get the electricity bill on time. Corporation MD and chief secretary (Power) Alok Singh gave the directions at a high-level meeting on Wednesday.
Most of the problems of the power sector emanate from the poor health of the Discoms. Launched in 2015, “UDAY” (Ujwal Discom Assurance Yojana) was to provide much needed relief to these Discoms.
In November 2015, the government launched an ambitious scheme, Ujwal Discom Assurance Yojana (UDAY), to improve the financial health and operational efficiency of India’s debt-ridden power distribution companies (discoms).