Discoms must apply for central grants by December 31: Power minister RK Singh

As per the design of the scheme, loss-making discoms will have access to the Centre's funds only after preparing a convincing programme for loss reduction, which has to be approved by the respective state governments.

Under the scheme to be implemented in the five years to FY26, the Centre will fork out Rs 97,631 crore. “Most states assured us that they will submit their proposals before October 31,” the minister said.

Green power: UP discom asked to pay Rs 7,245 crore

Solar power tariffs reached a record low of Rs 1.99/unit in December 2020 under auctions held by Solar Energy Corporation of India (Seci) in Gujarat. In November 2020, a tariff of Rs 2/unit was discovered in Seci’s solar au

The promised grants under the scheme would get converted into loans, unless they met the parameters aimed at reducing their sticky losses, Union power minister RK Singh had earlier told FE.

MBED-ding uncertainty? Actual savings from proposed MBED scheme may not be worth the governance shake-up it requires

The discoms will have to pay the power exchange upfront for the bidding, and this will have a carrying cost. The net saving may be around 2% only. Whether it would be worthwhile to completely change the mode of governance of

The total fixed cost of a plant is borne by the power purchasers (discoms) in a certain ratio.

From RPOs to PDOs: Time to think of Power Decarbonisation Obligations for discoms

Renewable power costs have fallen drastically, obviating need for Renewable Power Obligations.

power consumption

Renewable auctions haven’t lost steam despite pandemic: Sumant Sinha, senior vice president, ASSOCHAM

Each state and discom has its own preference and way of working. Some state discoms have accessed the loan package announced by the central government and made payments to various generators, while others are still deciding.

Sumant Sinha, senior vice president, ASSOCHAM

Discoms’ outstanding dues to gencos fall 11.2 pc to Rs 81,628 cr in April

Overdue of independent power producers amounted to 53.04 per cent of the total overdue of Rs 68,732 crore of discoms in April 2021. The proportion of central PSU gencos in the overdue was 30.52 per cent.

Union Budget 2021: Incentives, more allocation to power sector may propel economic growth

Union Budget 2021 India: Budget 2021 will be of considerable importance to the power sector even if it is viewed only from the perspective of the setback received by this sector due to the outbreak of COVID-19.

Budget 2021-22, Union Budget 2021

IntelliSmart inks pact with Infosys to develop digital platform for discoms

The app will enable consumers to view their daily energy consumption and deductions due to electricity charges, fixed charges, and arrear instalment.

digital platform for discoms, infosys, intelliSmart

Delhi’s peak power demand reaches 5265 MW, records season’s high

"Delhi's peak power demand continues to increase due to the city's chilly weather. Today, the peak power demand clocked 5,265 MW, the season's highest of this winter, pipping this season's previous high of 5,021 MW recorded o


REC share price, PFC stock fall even as power stocks rally on liquidity push from Modi’s package

In today's trade REC share price fell 2.33 per cent to Rs 98.15, while Power Finance Corporation (PFC) shares dropped 2.17 per cent to Rs 87,65 apiece

Ujala Scheme launched in Gujarat

Gujarat Chief Minister Anandiben Patel today launched the Central government's Ujala Scheme in the state and appealed power consumers to adopt for sustainable energy options like LED lightings.

Ujala gujarat, Gujarat, LED lightings, Discoms, Ujala scheme gujarat, Anandiben Patel

Discoms to be penalised, consumers compensated: Delhi govt

Under fire over a spate of power outages across the city, with durations stretching up to five hours in many areas of south Delhi...


Scorched Delhi in trouble? NTPC asks discos to clear dues or face power cuts

In what could worsen Delhi’s scorching summer, state-run NTPC has issued notices to Reliance Infra-run power distribution companies, saying that power supply to them would be regulated from May 11 if the firms do not clear

Rajasthan discom bonds power ahead

Three Rajasthan discoms have managed to place bonds totalling Rs 22,753.58 crore at coupon rates of between 9.7% and 9.8%.

Uttar Pradesh signs up for revival of discoms

Uttar Pradesh on Saturday became the first non-BJP ruled state to sign an agreement to join the UDAY scheme for revival of discoms, a move that is expected to result in savings of Rs 33,000 crore.

UDAY scheme: Bailout may swell fiscal deficit of states, Centre to around 8.5% of GDP

Under the UDAY scheme, the government had asked states to voluntarily take over 50 per cent of the loans of state electricity boards (SEBs) by March 31, and 75 per cent by the end of FY17.

Uday scheme, Power, discoms

Delhi discoms relying on power banking to ensure supply during winter

The privately-held power distribution companies in Delhi are relying on power banking and advanced load forecasting to ensure adequate power availability...

bgr electric

Record caFe: We expect a 3-6 month reduction in project delays

The state-run power transmission behemoth Power Grid Corporation of India Ltd (PGCIL) expects that its project execution delays would be cut down...

Power sector reforms: Top 10 things to know about discoms rescue package UDAY 

In a bid to rescue almost bankrupt state electricity retailers (discoms), the PM Narendra Modi Cabinet on Thursday approved a scheme called UDAY (Ujwal Discom Assurance Yojna).


Power sector reforms: Piyush Goyal’s work begins now

Power sector reforms: The fear is that Piyush Goyal has given states a really long rope.

Piyush Goyal

Centre OK’s UDAY to turn around crisis hit discoms, bring affordable power: Top 10 things to know

The Union Cabinet chaired by the Prime Minister Narendra Modi, has today given its approval to a new scheme moved by the Ministry of Power - Ujwal DISCOM Assurance Yojna or UDAY for the financial turnaround and revival of Po

Cabinet clears power sector rescue package; Piyush Goyal says ‘Rs 4.3 lakh cr debt accumulated with discoms’

Cabinet approved a rescue package for its loss-making electricity utilities on Thursday, Power minister Piyush Goyal said, a move Prime Minister Narendra Modi hopes will increase the supply of power and help spur economic gro

Piyush Goyal

States will have to finance loss-making discoms: FM Arun Jaitley

Making it clear that states will have to finance their loss-making electricity boards, Finance Minister Arun Jaitley today said a plan has been worked out by the Power Ministry and it would now discuss the same with the respe

arun jaitley on discoms

Fe Exclusive: Power regulators stymie open access

Gujarat units move out for cheaper electricity


And the lights all went out: Why add power capacity when most of it is at risk?

The power ministry has been tom-tomming the fact that the generation capacity added in FY15 was the highest in any year and that, at 3.6%, the power deficit is the smallest ever.


Delhi power discoms seek yet another tariff hike

Citing the widening revenue gap of around Rs 28,000 crore, Delhi's three private power distribution companies have pitched for early announcement of annual tariff revision.

DERC on discom tariff
Income Tax Calculator, Budget 2019, How to Calculate Income Tax

US Stock Market

View All


Stock Market

Most Read


Top News


Related Articles