Power Distribution Sector

The Additional Secretary, Department of Economic Affairs, stated that the project would support the government of Tripura's efforts to strengthen its power sector through replacement of inefficient power plants, strengthening of the distribution network.

The government of Assem on Monday announced it had signed seven agreements with tech giants in the country including Microsoft, Google, Larsen & Toubro and Tata group firms. The MOUs were signed as part of the state government's efforts to train youth in the state and prepare them with digital and business skills, executing greenfield projects in t...

Prime Minister Narendra Modi on Saturday urged state governments to clear their bills and dues to power distribution firms to help ensure stability in the energy sector to meet consumer demands.

Dues by power distribution companies towards producers rose to Rs 93,609 crore in October, from Rs 91,738 crore in September

The Kerala Assembly passed an unanimous resolution urging the Centre to withdraw its Electricity Amendment Bill, 2021, saying it would facilitate free entry of private players into the sector.

Asserting that reforms in the regulatory and process framework have significantly "improved" the outlook towards the power sector, Prime Minister Narendra Modi on Thursday said the Centre is working to remove problems in the distribution sector and a policy and regulatory framework for DISCOMs is in the offing.

People will have the option of changing their power supplier and more than one distribution company can operate in any area under a new scheme in Budget 2021. Finance Minister Nirmala Sitharaman n Monday announced a New Power Distribution Sector Scheme to allow more than one power distribution company to provide services to consumers in a single ar...

One-time relaxation will help in providing liquidity to the power sector and ensure payments by discoms.

The government feels that lower price of fuel under CGD projects would allow bigger ashift of people to cleaner fuel.

India is tightening the rules for businesses entering its power transmission sector and making stringent checks on both power and telecoms equipment for malware - moves that government and industry officials say aim to check China's advance into sensitive sectors.

The ministry said these states have taken over the targeted debt of Rs 2.09 lakh crore of their distribution companies under borrowing exemption from the FRBM Act given in UDAY for the years 2015-16 and 2016-17.

As per Crisil's estimates, around 17,000 MW of operational power projects with a debt of Rs 70,000 crore and additional 24,000 MW under-construction projects with a debt exposure of around Rs 64,000 crore are at a high risk.

Aggregate losses of these distribution companies will decline 46 per cent to Rs 20,000 crore from Rs 37,000 crore, says Crisil.

Government's decision to allow reverse auction for short-term power procurement via e-bidding will benefit distribution companies and lead to better transparent price discovery, which will lead to a price dip of 4-5 paise per unit for end-consumers, according to rating agency Icra.

Moody's Investors Service on Wednesday said state-run NTPC will benefit from improving operating environment for India's power sector and revival scheme UDAY for debt-ridden distribution companies.

The Additional Secretary, Department of Economic Affairs, stated that the project would support the government of Tripura's efforts to strengthen its power sector through replacement of inefficient power plants, strengthening of the distribution network.

The government of Assem on Monday announced it had signed seven agreements with tech giants in the country including Microsoft, Google, Larsen & Toubro and Tata group firms. The MOUs were signed as part of the state government's efforts to train youth in the state and prepare them with digital and business skills, executing greenfield projects in t...

Prime Minister Narendra Modi on Saturday urged state governments to clear their bills and dues to power distribution firms to help ensure stability in the energy sector to meet consumer demands.

Dues by power distribution companies towards producers rose to Rs 93,609 crore in October, from Rs 91,738 crore in September

The Kerala Assembly passed an unanimous resolution urging the Centre to withdraw its Electricity Amendment Bill, 2021, saying it would facilitate free entry of private players into the sector.

Asserting that reforms in the regulatory and process framework have significantly "improved" the outlook towards the power sector, Prime Minister Narendra Modi on Thursday said the Centre is working to remove problems in the distribution sector and a policy and regulatory framework for DISCOMs is in the offing.

People will have the option of changing their power supplier and more than one distribution company can operate in any area under a new scheme in Budget 2021. Finance Minister Nirmala Sitharaman n Monday announced a New Power Distribution Sector Scheme to allow more than one power distribution company to provide services to consumers in a single ar...

One-time relaxation will help in providing liquidity to the power sector and ensure payments by discoms.

The government feels that lower price of fuel under CGD projects would allow bigger ashift of people to cleaner fuel.

India is tightening the rules for businesses entering its power transmission sector and making stringent checks on both power and telecoms equipment for malware - moves that government and industry officials say aim to check China's advance into sensitive sectors.

The ministry said these states have taken over the targeted debt of Rs 2.09 lakh crore of their distribution companies under borrowing exemption from the FRBM Act given in UDAY for the years 2015-16 and 2016-17.

As per Crisil's estimates, around 17,000 MW of operational power projects with a debt of Rs 70,000 crore and additional 24,000 MW under-construction projects with a debt exposure of around Rs 64,000 crore are at a high risk.

Aggregate losses of these distribution companies will decline 46 per cent to Rs 20,000 crore from Rs 37,000 crore, says Crisil.

Government's decision to allow reverse auction for short-term power procurement via e-bidding will benefit distribution companies and lead to better transparent price discovery, which will lead to a price dip of 4-5 paise per unit for end-consumers, according to rating agency Icra.

Moody's Investors Service on Wednesday said state-run NTPC will benefit from improving operating environment for India's power sector and revival scheme UDAY for debt-ridden distribution companies.