ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra

ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra

The Asian Development Bank (ADB) announced that it had approved a $346 million (~₹26.92 billion) loan to India to help provide efficient and reliable power to rural agriculture customers in ...
Punjab DISCOM Receives ₹350 million In Advance Payment Against Power Bills

Punjab DISCOM Receives ₹350 Million in Advance Payment Against Power Bills

The Punjab State Power Corporation Limited (PSPCL) has introduced an innovative plan calling on all its consumers to make payment in advance towards their estimated electricity bills up to March ...
/ / Grid, Utilities
Amid COVID-19 Outbreak, Delhi Announces Rebates for Electricity Consumers

Amid COVID-19 Outbreak, Delhi Announces Rebates for Electricity Consumers

Considering the Coronavirus (COVID-19) outbreak and the repercussions it has had on several services, including power supply, the Delhi Electricity Regulatory Commission (DERC) has announced rebates and incentives on power ...
/ / Grid, Utilities
Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh

Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh

To tackle the unprecedented challenges posed by the outbreak of Coronavirus, the Madhya Pradesh Electricity Regulatory Commission (MPERC) has reduced the rate of current late payment surcharge (LPS) to be ...
/ / Grid, Utilities
Andhra DISCOM Invokes Force Majeure Due to Cash Crunch During Coronavirus Pandemic

Andhra DISCOM Invokes Force Majeure Due to Cash Crunch During Coronavirus Pandemic

The Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) is the latest addition to the group of power distribution companies (DISCOMs) seeking refuge under the force majeure clause following the ...
/ / Grid, Utilities
CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force ...
/ / Grid, Utilities
Uttar Pradesh Power DISCOMs Grapple with Reduced Collections Amid Covid-19 Lockdown

Uttar Pradesh Power DISCOMs Grapple with Reduced Collections Amid COVID-19 Lockdown

The outbreak of COVID-19 has created an unprecedented situation, causing far-reaching consequences for both businesses and consumers across the country. In a circular issued on February 19, 2020, the government ...
/ / Grid, Utilities
At Over ₹844 Million, DISCOM Dues to Power Generators in October up 54% YoY

At Over ₹844 Billion, DISCOM Dues to Power Generators in October up 54% YoY

Outstanding dues to power generators from distribution companies (DISCOMs) at the end of October 2019 stood at ₹844.45 billion (~$11.83 billion), up by ₹297.76 billion (~$4.17 billion) or 54% from ...
/ / Grid, Utilities
CERC Prepares Blueprint for Power System Development Fund

CERC Prepares Blueprint for Power System Development Fund

India’s power sector has been grappling with transmission related issues for a long time. With the problems aggravated in the face of higher power generation and demand. The creation of ...
/ / Grid, Utilities
All India Peak Demand Increased 5% Year-over-Year Touching 169 GW in March 2019

All India Peak Power Demand Increased 5% Year-over-Year Touching 169 GW in March 2019

In March 2019, the peak demand touched a high of 169 GW pushing power prices up. According to the Indian Energy Exchange (IEX), the all India peak demand touched 169 ...
/ / Grid, Utilities
GST Introduction to be Treated as Change in Law for Transmission Service Providers: CERC

Unscheduled Power Cuts by DISCOMs Will Soon be Penalized, Says R.K. Singh

The Minister for Power R.K. Singh has said that the government will soon approve the Power Tariff Policy which would impose a penalty for unscheduled power cuts by distribution companies ...
/ / Grid, Utilities
India Records Power Supply Deficit of 0.6 Percent During Apr-Sep 2018

India Records Power Supply Deficit of 0.6 Percent During Apr-Sep 2018

India recorded an overall average power supply deficit of 0.6 percent during the six-month period between April to September 2018, according to the Central Electricity Authority (CEA). During this six-month ...
/ / Grid, Utilities
PGCIL Seeks Shareholders’ Permission to Raise ₹200 Billion in FY20

PGCIL Seeks Shareholders’ Permission to Raise ₹200 Billion in FY20

The Power Grid Corporation of India Limited (PGCIL), a state-owned electric utility company, has asked for the approval of its shareholders to raise ₹200 billion (~$2.84 billion) through bonds or ...
/ / Grid, Utilities
World Bank Approves $180 Million Fund to Support Kenya’s Energy Sector

World Bank Approves $180 Million Fund to Support Kenya’s Energy Sector

The World Bank has approved $180 million in assistance to Kenya to strengthen the financial health of the Kenya Electricity Generation Company Limited (KenGen) and improve private sector financing in ...
/ / Grid, Utilities
CERC Issues Guidelines for Accreditation of Entities Under the REC Mechanism

CERC Issues Guidelines for Accreditation of Entities Under the REC Mechanism

The Central Electricity Regulatory Commission (CERC) has issued model guidelines for the accreditation of renewable energy projects or distribution licensees (DISCOM) by state agencies under the Renewable Energy Certificate (REC) ...
/ / Grid, Utilities
Punjab Issues Deviation Settlement Regulations for Solar and Wind Generation

Punjab Issues Deviation Settlement Regulations for Solar and Wind Generation

The Punjab State Electricity Regulatory Commission (PSERC) has issued draft regulations for the forecasting, scheduling, and deviation settlement of solar and wind power generation in the state. The new rules ...
/ / Grid, Utilities
Need for Green Energy Corridors Grows as Over 64 GW of Renewables are Connected to the Grid

Need for Green Energy Corridors Grows as Over 64 GW of Renewables are Connected to the Grid

India’s clean energy footprint is increasing every year and more than 64 GW of renewable energy capacity have been connected to the grid so far, according to Minister of Power ...
/ / Grid, Utilities
Maharashtra Issues Draft Regulations for Solar and Wind Deviation Charges

Maharashtra Issues Draft Regulations for Solar and Wind Deviation Charges

The Maharashtra Electricity Regulatory Commission (MERC) has issued draft regulations for the forecasting, scheduling, and deviation settlement for solar and wind power generation in the state. According to the new ...
/ / Grid, Utilities
Union Territory of Lakshadweep Joins Government’s UDAY Program

Union Territory of Lakshadweep Joins Government’s UDAY Program

The union territory of Lakshadweep has become the latest signatory to the Ujwal DISCOM Assurance Yojana (UDAY) program which has been implemented by the government of India to assist in ...
/ / Grid, Utilities
PFC Provides ₹13.5 Billion in Financial Aid to Bihar for Transmission Line Project

PFC Provides ₹13.5 Billion in Financial Aid to Bihar for Transmission Line Project

The Power Finance Corp (PFC), a government of India enterprise, has approved a financial aid of ₹13.5 billion (~$212 million) to Bihar for a transmission line project. The aid has ...
/ / Grid, Utilities
States Under UDAY Program Cut Down Financial Losses in 2017

States Under UDAY Program Cut Down Financial Losses in 2017

The Distribution Companies (DISCOMs) in states that joined the Ujwal DISCOM Assurance Yojana (UDAY) program have cut down their financial losses from ₹515.9 billion (~$8.14 billion) in the Financial Year ...
/ / Grid, Utilities
DISCOM Load Shedding

India to Crack Down on DISCOM Load Shedding

In an effort to ensure reliable electricity services for all Indians, Power Minister Raj Kumar Singh announced a plan to penalize distribution companies (DISCOMs) if they indulge in “gratuitous load-shedding.” ...
/ / Grid, Utilities
India Plans to Let Consumers Choose Their Power Service Providers

India Plans to Let Consumers Choose Their Power Service Providers

If all goes according to plan, consumers in India could soon be able to change power suppliers as easily as they switch between telecom service providers. According to a report ...
/ / Grid, Utilities
Four States Join UDAY

Nagaland, Andaman & Nicobar Islands, Dadra & Nagar Haveli, and Daman & Diu Join UDAY Program

Twenty-Seven Indian states and four union territories have so far joined the Ujwal DISCOM Assurance Yojana (UDAY) program which was implemented by the government of India to assist the financial ...
/ / Grid, Utilities
CERC Releases Inter-State Transmission Connectivity Draft Regulations for Solar and Wind Projects

CERC Releases Inter-State Transmission Connectivity Draft Regulations for Solar and Wind Projects

The Central Electricity Regulatory Commission (CERC) has released draft regulations for granting Inter-State Transmission Connectivity to solar and wind projects. The proposal, entitled “Grant of Connectivity and General Network Access ...
/ / Grid, Utilities
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