The Cabinet Committee on Economic Affairs said late payment surcharge will be made mandatory for power distribution companies. This is in line with the recommendations of a Group of Ministers (GoM) on issues relating to stressed thermal power projects.
In a meeting of the power producers last week, the key issues discussed were the nonpayment by discoms as well as the coal shortage. CNBC-TV18 spoke with Ashok Khurana, director-general of Association of Power Producer
Also, higher costs, execution challenges, cancellation of tenders due to unrealistic tariff expectations by discoms made matters worse, Bridge To India said in a report.
Shortage of coal at power plants, inadequate tariff hikes and rising operational costs after the 7th Pay Commission have been putting additional pressure on already hard-pressed electricity distribution companies (discoms).
The government has constituted a committee under the Central Electricity Authority (CEA) to explore prepaid payments by state electricity distribution companies to power plants, a government official said.
Organised theft of power in Delhi for charging of e-rickshaws has assumed serious proportions with discom sources putting the annual losses due to it at nearly Rs 150 crore. There are three power distribution companie
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.
Government think tank Niti Aayog in its strategy document Wednesday suggested for the power sector a plethora of reforms like promoting smart grids, auctioning of energy, privatisation of discoms, payment of subsidies by direct
India will soon be implementing a direct benefits program (DBT) to ensure affordable electricity to the poor households in India, Financial Express has reported, with the World Bank planning the scheme in collaboration with state power