Power Ministry Notifies Timelines to Replace Existing Meters With Smart Meters
The Ministry of Power (MoP) has notified the timelines to replace existing meters with smart meters with a prepayment feature. The notification is effective August 17, 2021 All consumers (other ...
AT&C Losses Among Distribution Companies Dips by 2% Between FY 2016 and 2020
Union Minister R.K. Singh replied to a question in the Rajya Sabha on whether the government has reviewed the assistance provided to states and power distribution companies (DISCOMs) under the ...
Andhra Pradesh DISCOM Experiences Steepest Rating Decline in FY 2020
The Ministry of Power released its ninth annual integrated ratings for the state distribution companies (DISCOMs) for the financial year (FY) 2020. Overall, 16 DISCOMs (out of 41) registered improvements ...
Five More States Become Eligible for Power Sector’s Reform-Linked Borrowings
Reform-linked borrowings have provided the necessary impetus for reforms in the power sector in many states in the country. According to the latest figures released by the Ministry of Finance, ...
₹5.75 Billion Given to Six States to Curtail Their AT&C Losses Still Remain Unutilized
The Power Finance Corporation (PFC) has written to six states regarding the timely completion of implementing the supervisory control and data acquisition (SCADA) /distribution management system (DMS) under the government’s Restructured ...
Government Likely to Amend Electricity Act to Ensure that DISCOMs Enter PPAs
The union government has proposed an amendment to the Electricity Act to ensure that the companies applying for power distribution rights also sign the requisite Power Purchase Agreements (PPAs). The ...
Power Minister Directs REC & PFC Not to Give Loans to DISCOMs With Heavy Losses
Power Minister R.K. Singh has directed Rural Energy Corporation (REC) and Power Finance Corporation (PFC) to not grant loans to distribution companies (DISCOMs) which are making heavy losses (above 15 ...
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 ...
Larsen & Toubro Wins EESL Contract to Supply Smart Meters
Larsen & Toubro (L&T) has won contract to supply 2.5 million smart meters to Energy Efficiency Services Limited (EESL), a Joint Venture company of Public Sector Units of Ministry of ...
₹2.09 Trillion in DISCOM Debt Taken Over by States Under UDAY
States participating in the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) have taken over debt of ₹2.09 trillion (~$32.5 billion) from their DISCOMs. This is almost half of the ₹4.3 ...
