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.
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,
While the UDAY scheme for revival of electricity discoms has been dawdling since its November 2015 launch, the Narendra Modi government’s ambitious household electrification scheme Saubhagya seems to have put a new speed-breaker on its path.
The discussion, on ‘Bankers’ perspective on renewables’, moderator by former Chairman of State Bank of India, Arundhati Bhattacharyya, and part of RE Invest 2018.
The Ujjwal Discom Assurance Yojana (UDAY) scheme started by the Ministry of Power in 2015 could be a model for the rest of the world, global bankers participating in a panel discussion on renewable energy felt.
By last week, more people had begun to realise that the emperor actually had no clothes on. Maharashtra Energy Minister, Chandrashekhar Bawankule, informed the state legislative assembly that at least three (state-owned) power companies
UDAY has to be implemented in letter and spirit for the good of power sector, says former coal secretary
The government should implement Ujwal DISCOM Assurance Yojana (UDAY) in letter and spirit for the good of power sector, said Anil Swarup, former secretary, Ministry of Coal.
Distribution serves the most vital function in India’s power supply chain, yet it is also possibly the weakest link. State discoms continue to make losses despite multiple bailouts. While the government’s Ujjwal Discom Assurance Yojana (UDAY) scheme seeks to reduce discom losses, there is hardly any impact on their financial status.
The UDAY scheme has helped the state-owned electricity distribution companies (discoms) to halve their losses to Rs 17,352 crore in F
The beleaguered power sector in Rajasthan is on the path of recovery even though it is set to miss the targets under the Uday and PAT scheme of reducing the transmission and distribution losses to 15% by the end of the current financial year.
Modi’s UDAY scheme: UP discom ‘nowhere near target’ to cut losses; you’ll be surprised who is to blame
Narendra Modi government’s ambitious discoms’ rescue scheme, UDAY, recently witnessed a huge success with both Haryana power distribution companies posting profits after a gap of 15 years.