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Power ministry floats Cabinet note to relax discoms’ borrowing limit

By : Chetanya Mehra, Jul 29, 2020

With some state electricity distribution companies (discoms) unable to avail India’s ₹1.25 trillion reform-linked loan package for clearing outstanding dues, the union power ministry has moved a...

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Subject Tags: DISCOM , electricity dues

TPDDL to Procure 100 MW Solar, 50 MW Wind Power From SECI After CERC Approval

By : Sustainability ..., Mar 5, 2020

The Central Electricity Regulatory Commission (CERC) while hearing on two petitions filed by Delhi-based power Discom Tata Power Delhi Distribution Limited (TPDDL) has approved the tariffs of Rs 2.54/kWh for procurement of 100 MW solar power and Rs 2.52/kWh for procurement of...

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AP Govt releases Rs 2,984 cr to clear power dues

By : Sustainability ..., Feb 27, 2020

The Andhra Pradesh government on Wednesday released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations and state generating stations. Of the total, Rs 2,199 crore will go to CGS and SGS while solar and wind...

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Maharashtra: MSEDCL wants no penalty over renewable energy targets

By : Sustainability ..., Feb 25, 2020

MSEDCL has filed a petition in Maharashtra Electricity Regulatory Commission (MERC) urging the Commission not to levy any penalty on it for failing to meet renewable energy targets, till 2022-23. The discom has claimed that despite repeated efforts by MSEDCL to procure power...

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Top Andhra discom seeks more time to clear Rs 599 crore dues

By : Sustainability ..., Feb 19, 2020

Andhra Pradesh’s main power distribution company has sought more time to clear outstanding dues of Rs 599 crore it owes to renewable energy developers. In an affidavit filed with the state high court on Monday, the Andhra Pradesh Southern Power Distribution Company Limited (...

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Schemes for discom revival, discom dues liquidation soon: R K Singh

By : Sustainability ..., Feb 3, 2020

Power minister R K Singh on Saturday said the government will soon bring out schemes for discom revival, liquidation of discom dues and amend the Electricity Act to introduce hefty penalties on reneging of any kind of contract. Singh said Power Finance Corporation will set up...

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Greenko Solar, Neerg Energy to be most affected on discom’s non-payment of dues

By : Sustainability ..., Oct 22, 2019

Greenko Solar (Mauritius) (US Dollar notes rated BB-) and Neerg Energy (US Dollar notes rated B+) are likely to be affected the most as per the test conducted by Fitch to measure the liquidity strength of its rated renewable companies on the basis of adjusted cash flows from...

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MP invites bids for 10.8 Megawatt rooftop solar power projects

By : Sustainability ..., Oct 18, 2019

New Delhi: Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) has invited bids for setting up rooftop solar Photo Voltaic projects of 10.8 Megawatt (Mw) capacity for industries located near Bhopal. As part of the tender, 164 industrial beneficiaries will procure solar power under...

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ICRA expects clarity on safeguard duty, funding for discoms and renewable parks from Budget

By : Sustainability ..., Jun 25, 2019

Rating agency, ICRA expects the budget to give clarity on the status of safeguard duty, higher budget allocation for state-owned distribution utilities, and increased funding for the development...

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Delhi Launches App To Book Slot At EV Charging Stations

By : Sustainability ..., Jun 18, 2019

The first electric vehicle charging station in a public area has been installed in India’s capital city Delhi. Along with the charging station, a mobile phone application has also been launched...

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