Tamil Nadu Commission Directs State DISCOM to Pay ₹6.7 Million in Wind Energy Dues
The Tamil Nadu State Electricity Regulatory Commission (TNERC) has ordered the Tamil Nadu Generation and Distribution Company (TANGEDCO) to pay wind generators ₹6.69 million (~$91,586) along with interest at 1% ...
Maharashtra Regulator Takes a Lenient Stand on MSEDCL’s Wind Dues Considering COVID-19
In a recent order, the Maharashtra Electricity Regulatory Commission (MERC) reiterated its decision to reject a wind generator’s claim for dues in the absence of a valid energy purchase agreement ...
Tamil Nadu Commission Asks DISCOM to Pay ₹24.1 Million in Wind Energy Dues
The Tamil Nadu State Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Company (TANGEDCO) to pay wind generators ₹24.1 million (~$321,701) along with interest at 10% ...
Maharashtra Commission Asks DISCOM to Clear Dues of Wind Power Generators
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to reconcile differences in its outstanding dues with wind generators in the state and ...
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 ...
TANGEDCO Asked to Clear Dues of Six Wind Generators Amounting to ₹74.8 Million
The Tamil Nadu State Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Company (TANGEDCO) to make payments to the tune of ₹74.8 million (~$998,885) to six ...
DISCOM Dues Pile Up Despite Government’s Efforts to Ease Their Financial Burden
Distribution Companies (DISCOMs) owed renewable generators ₹97.25 billion (~$1.31 billion) in overdue payments (excluding dues under dispute) spread across 538 invoices at the end of May 2020, according to data ...
Puducherry Opposes Central Government’s Move to Privatize DISCOMs of Union Territories
The union territory of Puducherry has opposed the central government’s proposal to privatize all distribution companies (DISCOMs) in the union territories (UTs) across the country. According to a Twitter post ...
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 ...
Uttar Pradesh DISCOM Asked to Clear Dues for Procuring Power from Bagasse-Based Project
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has ordered the Uttar Pradesh Power Corporation Limited (UPPCL) to clear its dues with Kesar Enterprises Limited (KEL) for the procurement of bagasse-based ...
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 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 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
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 ₹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 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 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) ...
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 ...