Power sector lending institutions Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) have together disbursed around Rs.85,000 crore to discoms so far, under the AtmaNirbhar Package, a reliable media report said. In the second tranche, beginning January this Read more
"The new recommendation by the GST council, increasing the proposed tax to 12 per cent for renewable energy projects, will create a fresh set of challenges for the sector to address. Compared to the earlier 5 per cent, Read more
The Union ministry of power has issued an advisory to all Union government ministries to direct organizations under their administrative control to switch over to prepaid energy meters on priority, a government release said. The release added that ministries Read more
As part of the ongoing “Azadi ka Amrit Mahotsav”, to celebrate the 75thAnniversary of Indian Independence, the Union power minister R.K. Singh recently launched a report on “Key Regulatory Parameters of Power Utilities.” According to a government release, the Read more
Judging from latest government data, outstanding dues of discoms continued their year-on-year declining trend in May 2021. Data pertaining to April 2021 was released on the PRAAPTI portal recently. Here are some highlights: Read more
The Union power ministry has given the freedom to power distribution companies to discontinue or continue drawing power from a power generation plant that has completed 25 years of operation. According to a reliable media report, the Union power Read more
The total outstanding dues payable by state-owned distribution companies to power generators grew 16.8 per cent year-on-year, to reach Rs.102,684 crore on February 28, 2021. Data relating to February 2021 was released on the Read more
State government-owned power distribution companies (discoms) have been disbursed 34 per cent of the total sanctioned amount, so far, under the Liquidity Infusion Scheme, which is part of the AatmaNirbhar Bharat Abhiyan launched on May 13, 2020. It was Read more
The government has released the draft guidelines of the ‘Revamped, Reforms-Based and Results-Linked Distribution Sector Scheme’ for supporting discoms to undertake reforms and improve performance in a time-bound manner, as announced during the recent Budget. The scheme is aimed Read more