Solar Association Asks ₹50 Billion Fund Allocation for Cash-Strapped Andhra DISCOMs
The National Solar Energy Federation of India (NSEFI) has requested the Union Power Minister R.K. Singh to set aside ₹50 billion (~$666.2 million) from the distribution companies (DISCOMs) liquidity package ...
Tamil Nadu CM Expresses Concern With the Proposed Amendments in Electricity Act
In a letter to the Union Power Minister, R.K. Singh, the Chief Minister of Tamil Nadu, Edapaddi K Palaniswamy, has underlined several concerns relating to the proposed amendment to the ...
DISCOM Aggregate Losses Increased by 68% to ₹496.23 Billion in FY 2018-19: PFC Report
The Power Finance Corporation Limited (PFC Limited) has released a report with key findings on the performance of state power utilities in the country for the financial year (FY) 2018-19 ...
Chhattisgarh: No Cross-Subsidy Surcharge for Consumers Availing Open Access Solar
The Chhattisgarh Electricity Regulatory Commission (CSERC) has defined the tariff for electric vehicle (EV) charging stations and intra-state open access for the financial year (FY) 2020-21. The regulations will be ...
Power Ministry Imposes Cyber Security Measures on Imported Power Supply Components
The Ministry of Power (MoP) has issued a notice mandating all power supply system equipment, components, and parts imported into the country must pass through a check for harmful embedded ...
Tata Power Delhi Distribution Records Over 90% Digital Payments Amid COVID-19 Lockdown
Tata Power Delhi Distribution Limited (TPDDL), a leading power utility supplier, catering to the needs of seven million people in the north and north-west Delhi, said it received over 90% ...
CERC Removes Floor Prices for Solar and Non-Solar RECs
The Central Electricity Regulatory Commission (CERC) has issued an order implementing revised forbearance and floor prices for solar and non-solar renewable energy certificates (RECs). In its order, the Commission implemented ...
Bihar Commission Allows DISCOMs to Carry RPO Shortfall to Next Year
The Bihar Electricity Regulatory Commission (BERC) has approved the request of the Bihar State Power Holding Company Limited (BSPHCL) to carry forward the shortfall in its renewable purchase obligation (RPO) ...
RK Singh Hints at 6-Month Extension of ISTS Waiver for Solar and Wind Projects
The Union Minister of Power, R.K. Singh, has said that the government is likely to consider extending the interstate transmission system (ISTS) charges for renewable projects by at least six ...
Bihar Lowers Late Payment Surcharge for DISCOMs Amid COVID-19 Crisis
The Bihar Electricity Regulatory Commission (BERC) has reduced the rate of late payment surcharges (LPS) payable by the distribution companies (DISCOMs) and transmission licensees to ease their burden during the ...
Andhra Pradesh Gives State Guarantee for DISCOMs to Avail ₹66 Billion in Loans
The Government of Andhra Pradesh has provided a state-backed guarantee for distribution companies (DISCOMs) to avail ₹66 billion (~$873.4 million) loan from the Power Finance Corporation Limited (PFC) and Rural ...
Andhra Pradesh Objects to Amendments Proposed in the Electricity Act
In a letter to the Ministry of Power, the Andhra Pradesh Electricity Regulatory Commission (APERC) has expressed disagreement with the government’s proposed amendments to the Electricity Act. In April, Mercom ...
NTPC Announces Rebate Worth ₹13.63 Billion for DISCOMs
NTPC Limited has agreed to defer the capacity charges and provide rebates to distribution companies (DISCOMs) to the tune of ₹34.27 billion (~$455 million) during the nationwide lockdown. The government-owned ...
Maharashtra Postpones Implementation of Deviation Settlement Regulations
The Maharashtra Electricity Regulatory Commission (MERC) has rescheduled the implementation of its deviation settlement mechanism (DSM) regulations from June 1, 2020, to October 5, 2020. Reason for the delay Initially, ...
R.K. Singh Seeks ₹3 Trillion to Revamp Power Sector and DISCOMs Over the Next 5 Years
The Union Minister of Power, R.K. Singh, has sought for the Finance Commission’s support to revamp the Indian power sector at the state level and has asked for ₹3 trillion (~$40.05 billion) ...
PXIL and IEX Launch Real-Time Market for Electricity Transactions
The Power Exchange India Limited (PXIL) and Indian Energy Exchange (IEX) have started their real-time market (RTM) trading platforms for electricity transactions on June 1, 2020. The real-time market is ...
MNRE Seeks to Engage Consultants For Its One Sun One World One Grid Program
The Ministry of New and Renewable Energy (MNRE) has issued a request for proposal (RfP) for developing a long-term vision, implementation plan, road map, and institutional framework for its One ...
REC Releases Details for Bailing Out Power Distribution Companies Amid Coronavirus Crisis
The Rural Electrification Corporation Limited (REC) has announced an opportunity for the distribution companies (DISCOMs) to avail loans to clear their dues. The loans under this program will be co-funded ...
MNRE Asks State Electricity Regulators to Hear Petitions Online Amid COVID-19
The Ministry of New and Renewable Energy (MNRE) has requested all the State Electricity Regulatory Commissions (SERCs) to allow the online listing of petitions and hear urgent matters through video ...
Government Asks PGCIL to Offer 20-25% Rebate to DISCOMs on ISTS Charges
The Power Grid Corporation of India Limited (PGCIL), a state-owned power transmission company, recently received a letter from the Ministry of Power to consider offering a rebate of about 20-25% ...
DISCOMs in Union Territories to be Privatized, New Tariff Policy in the Making
In the fourth tranche of the economic stimulus package, Finance Minister Nirmala Sitharaman announced several significant power sector reforms. The latest announcement comes on the heels of the announcement made ...
Government to Inject ₹900 Billion to Help Ailing Power DISCOMs Amid Coronavirus Crisis
In a press conference in New Delhi, Finance Minister Nirmala Sitaraman announced that power distribution companies (DISCOMs) would receive ₹900 billion (~$12.03 billion) as part of the Government of India’s ...
Karnataka Power DISCOMs to Pay Lower Late Payment Surcharge Amid Coronavirus Crisis
The Karnataka Electricity Regulatory Commission (KERC) has issued an order lowering the late payment surcharges (LPS) by distribution companies (DISCOMS) to generation companies and transmission licensees in light of the ...
Chhattisgarh Revises Late Payment Surcharge for C&I Electricity Consumers
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued an order through a suo moto petition revising the late payment surcharges (LPS) for fixed electricity bills payable by industrial and ...
Chhattisgarh Cuts Late Payment Surcharge to 0.75% to Help DISCOMs
To deal with the ongoing COVID-19 pandemic, which has caused economic disruptions across the board, the Chhattisgarh Electricity Regulatory Commission (CSERC) has issued an order reducing the payment of the ...
