Ministry of Power Readies Framework to Privatize Distribution Licensees

Ministry of Power Readies Framework to Privatize Distribution Licensees

The Ministry of Power (MoP) has issued draft standard bidding documents to select bidders for acquiring a majority stake in distribution licensees for the distribution and retail sale of electricity ...
/ / Grid, Market & Policy
PFC and REC to Infuse ₹3 Billion to Set up Backend Infrastructure for Smart Meters

PFC and REC to Infuse ₹3 Billion to Set up Backend Infrastructure for Smart Meters

The Power Finance Corporation Limited (PFC), in a recent filing on the Bombay Stock Exchange (BSE), said that it had approved the infusion of ₹1.5 billion (~$20.4 million) in a ...
/ / Grid, Market & Policy
Solar Developers in Andhra Are Facing Risk of Loan Recall_ FICCI to MNRE

Solar Developers in Andhra Are Facing Risk of Loan Recall: FICCI to MNRE

In a letter addressed to the Secretary of the Ministry of New and Renewable Energy (MNRE), the Chairman of the Federation of Indian Chambers of Commerce and Industry (FICCI), urged ...
/ / Markets & Policy, Solar
Despite Relief Measures, DISCOM Dues to Renewable Generators Rose to ₹103 Billion in July

Despite Relief Measures, DISCOM Dues to Renewable Generators Rose to ₹103 Billion in July

The distribution companies (DISCOMs) owed renewable generators nearly ₹103.11 billion (~$1.4 billion) in overdue payment (excluding dues under dispute) spread across 579 invoices at the end of July 2020, according ...
/ / Grid, Market & Policy
Farmers in Andhra Pradesh To Receive Power Subsidies Through Direct Benefit Transfer

Farmers in Andhra Pradesh To Receive Power Subsidies Through Direct Benefit Transfer

Andhra Pradesh government has decided to introduce Direct Benefit Transfer (DBT) on the subsidy extended as free electricity to farmers. This program will initially start with one district by December ...
/ / Grid, Market & Policy
Andhra Pradesh Releases ₹9 Billion to Pay NTPC Towards Letter of Credit

Andhra Pradesh Releases ₹9 Billion to Pay NTPC Towards Letter of Credit

The government of Andhra Pradesh approved ₹9 billion (~$123 million) to meet the expenditure of the state distribution companies (DISCOMs) in line with the payment mechanism notified by the central ...
/ / Grid, Market & Policy
The Government of India (GOI) has approved a relaxation for Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) that have been tasked with managing the liquidity crisis of the distribution companies.

PFC and REC Get Relaxation on Loan Disbursal for DISCOMs under UDAY Program

The Government of India (GOI) has approved a relaxation for Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) that have been tasked with managing the liquidity crisis of the ...
/ / Markets & Policy, Solar
Power Finance Corporation Releases ₹306 Billion as Part of DISCOMs’ Liquidity Package

Power Finance Corporation Releases ₹306 Billion as Part of DISCOMs’ Liquidity Package

The Power Finance Corporation Limited (PFC) has approved ₹306.07 billion (~$4.09 billion) as of July 31, 2020, as part of the liquidity package announced by the government for eligible distribution ...
/ / Grid, Market & Policy
DISCOM Dues to Power Generators Mount to ₹101 BillionAt the End of June

DISCOM Dues to Power Generators Mount to ₹101 Billion At the End of June

The distribution companies (DISCOMs) owed renewable generators ₹101.11 billion (~$1.3 billion) in overdue payments (excluding dues under dispute) spread across 544 invoices at the end of June 2020, according to ...
/ / Grid, Utilities
As Government Shifts Focus to Solar Manufacturing, RPO Enforcement Becomes More Critical

As Government Shifts Focus to Solar Manufacturing, RPO Enforcement Becomes More Critical

India's push towards transforming the energy sector began a decade ago with the formulation of the National Solar Mission. To enforce policies for renewable energy expansion and create demand, the ...
C&I Customers Need to Think Below 1 MW Solar Installations to Avoid Net Metering Hurdles

C&I Customers Need to Think of Solar Installations Below 1 MW to Avoid Net Metering Hurdles

India’s rooftop solar capacity stood at 4.6 GW at the end of Q1 2020, against the target of 40 GW by 2022. Out of the total capacity, nearly 70% came ...
Haryana_ Net Metering Facility Will Not be Provided to Open Access Consumers

Haryana: Net Metering Facility Will Not be Provided to Open Access Consumers

The Haryana Electricity Regulatory Commission (HERC) dismissed the petition filed by Shree Cement Limited and said that the net metering facility would not be provided to open access consumers. Earlier, ...
Punjab Reduces Late Payment Surcharge for DISCOMs to 0.75% Per Month Amid COVID-19

Punjab Reduces Late Payment Surcharge for DISCOMs to 0.75% Per Month Amid COVID-19

The Punjab State Electricity Regulatory Commission (PSERC) announced that it had reduced the late payment surcharge (LPS) to 0.75% per month. The late payment surcharge is to be paid by ...
/ / Grid, Market & Policy
Solar Association Asks ₹50 Billion Fund Allocation for Cash-Strapped Andhra DISCOMs

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 ...
/ / Grid, Market & Policy
Adoption of Solar Through Open Access_ Roadblocks and The Road Ahead

Adoption of Solar Through Open Access: Roadblocks and the Road Ahead

In the Indian power sector, open access means a mechanism in which large consumers have access to the transmission and distribution network so that they are free to obtain power ...
Tamil Nadu CM Expresses Concern With the Proposed Amendments in Electricity Act

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 ...
/ / Grid, Market & Policy
Punjab Wants Solar Developers to Provide 10% Discount on Tariffs from July

Punjab Wants Solar Developers to Provide 10% Discount on Tariffs from July

The Government of India’s decision to impose a nationwide lockdown from March 23, 2020, to contain the spread of COVID-19 pandemic, has had a big impact on the power sector ...
After Andhra, Haryana's Flip-Flop on Solar Development is Costing Developers

After Andhra, Haryana’s Flip-Flop on Solar Development is Costing Developers

The 2022 deadline for India's solar target is looming large, and now is the time when all states should be working cohesively towards enabling solar expansion. Instead, several states in ...
Installers Rally for Net Metering in Andhra’s Rooftop Solar Policy

Installers Rally for Net Metering in Andhra’s Rooftop Solar Policy

Andhra Pradesh’s solar development has not had a smooth run since the past year. In a recent development, renewable developers and stakeholders in the state are now up in arms ...
/ / Rooftop, Solar
Bihar Commission Allows DISCOMs to Carry RPO Shortfall to Next Year

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) ...
/ / Grid, Market & Policy
NTPC Once Again Extends Bidding Deadline for 1.2 GW of Solar Projects

NTPC Once Again Extends Bidding Deadline for 1.2 GW of Solar Projects

NTPC Limited has once again extended the bid submission deadline for its tender to set up 1.2 GW of the interstate transmission system (ISTS)-connected solar power projects in India. The ...
Andhra Pradesh Gives State Guarantee for DISCOMs to Avail ₹66 Billion in Loans

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 ...
NTPC Announces Rebate Worth ₹13.63 Billion for DISCOMs

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 ...
PGCIL Approves ₹10.75 Billion As Rebate to DISCOMs on ISTS Charges Amid COVID Crisis

PGCIL Approves ₹10.75 Billion as Rebate to DISCOMs on ISTS Charges Amid COVID Crisis

The Power Grid Corporation of India Limited (PGCIL) announced that it had approved ₹10.75 billion (~$142.5 million) as a one-time consolidated rebate to distribution companies (DISCOMs) and power departments of ...
6 Month Moratorium to Renewable Generators Can Bring Huge Relief_ ReNew Interview

Six Month Moratorium to Renewable Generators Can Bring Huge Relief: ReNew Interview

The global coronavirus crisis has disrupted production processes and supply chains across sectors, and the solar industry is no exception. In India, the lockdown is still in place, and social ...