Opinion | The case for power discom privatization

Opinion | The case for power discom privatization

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.

Electricity Utility Sector: Break The Mould

Electricity Utility Sector: Break The Mould

The electric utility, traditionally, is one of the most conservative and defensive sectors, with mostly government-controlled entities. After the opening of the sector, there is substantially private sector investment in both regulated and unregulated services.

Piyush Goel Green Signals Vasundhara Raje Plea

Piyush Goel Green Signals Vasundhara Raje Plea

Railway minister Piyush Goel on Friday waived off haulage charges on all royal trains, including the Palace of Wheels. The move came during chief minister Vasundhara Raje’s meeting with the minister in New Delhi.

UDAY Scheme: Smarter Operations Must For Success

UDAY Scheme: Smarter Operations Must For Success

The news on the Ujjwal Discom Assurance Yojana (UDAY) is a mixed bag. On the positive side, the financial metrics of state power distribution companies (discoms) improved in nine months of FY17, with their interest cost burden falling to 8.5%, as against 13% earlier. However, sustaining this performance would be a challenge in FY18 when […]

Under BJP, UP Moves To Bite Bullet On Power Tariff Hike

Under BJP, UP Moves To Bite Bullet On Power Tariff Hike

Under the BJP government, UP’s power sector is on the revival path. After dithering for years over implementation of bold measures to bridge the revenue gap and restore UP Power Corporation Ltd’s financial health, the state has decided to bite the bullet on tariff increase for non-industrial consumers.