Government to Inject ₹900 Billion to Help Ailing Power DISCOMs Amid Coronavirus Crisis

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 ...
DISCOM Dues to Renewable Energy Generators Continues to Rise

DISCOM Dues to Renewable Energy Generators Continue to Rise

Distribution companies (DISCOMs) owed renewable energy generators ₹68.37 billion (~$914.5 million) in outstanding payments spread across 307 pending invoices at the end of March 2020, according to data from the ...
Sterling and Wilson Solar Receives ₹5 Billion Against Outstanding Loans

Sterling and Wilson Solar Receives ₹5 Billion Against Outstanding Loans

Sterling and Wilson Solar Limited (SWSL), a solar engineering, procurement and construction (EPC) company, has announced that it has received ₹5 billion (~$66.8 million) towards the outstanding loans from its ...
DISCOMs’ Outstanding Payments to Renewable Generators Rise to ₹62.19 Billion

DISCOMs’ Outstanding Payments to Renewable Generators Rise to ₹62.19 Billion

Distribution companies (DISCOMs) owed renewable energy generators ₹62.19 billion (~$856.2 million) in overdue outstanding payments at the end of January 2020. Excluding payments under dispute, overdue payments stood at ₹61.88 ...
Andhra Pradesh Approves ₹28.94 Billion for DISCOMs to Clear Solar & Wind Power Dues

Andhra Pradesh Approves ₹29.84 Billion for DISCOMs to Clear Solar & Wind Power Dues

The Andhra Pradesh government has approved ₹29.84 billion (~$415.67 million) to distribution companies (DISCOMs) in the state towards the payment of 25% of their losses, allowing them to clear their ...
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 Orders Trading Firm to Pay Dues for Power Procured from Bagasse-Based Project

CERC Orders Trading Firm to Pay Dues for Power Procured from Bagasse-Based Project

The Central Electricity Regulatory Commission (CERC) has issued an order providing relief to Nirani Sugars Limited in a case concerning the payment of dues amounting to ₹110.9 million (~$1.59 million) ...
/ / Other, Waste to Energy
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

DISCOMs Owe ₹18.84 Billion to NTPC in Outstanding Bills for Solar Projects

Power distribution companies (DISCOMs) in Andhra Pradesh, Telangana, and Karnataka are staring at acute power shortages as the National Thermal Power Corporation (NTPC) has warned that it will stop supply ...
/ / Markets & Policy, Solar