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
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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) ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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.” ...
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 ...
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 ...
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 ...
