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Power ministry floats Cabinet note to relax discoms’ borrowing limitBy : Sustainability ..., 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... Read more.. Subject Tags: DISCOM , electricity dues |
Coronavirus lockdown: Discoms get 3 months for payment to ensure 24x7 power supplyBy : Sustainability ..., Mar 30, 2020
The union government has approved a financial relief package for the power sector, that entails a three month moratorium on state owned electricity distribution companies (discoms) to make payments for the electricity bought by them, and reducing the payment security amount... Read more.. |
Andhra discoms clear dues to renewable energy developersBy : Sustainability ..., Mar 16, 2020
Power distribution companies in Andhra Pradesh have cleared all dues of renewable energy developers in accordance with a court directive, and scaled down the practice of reducing purchase of green power, bringing relief to the sector that has been under immense pressure in... Read more.. |
AP Govt releases Rs 2,984 cr to clear power duesBy : 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... Read more.. |
Top Andhra discom seeks more time to clear Rs 599 crore duesBy : 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 (... Read more.. |
Schemes for discom revival, discom dues liquidation soon: R K SinghBy : 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... Read more.. |
Govt plans to bail out clean energy firmsBy : Sustainability ..., Dec 4, 2019
The Centre is considering offering state governments concessional loans from public sector lenders Power Finance Corp. (PFC), Rural Electrification Corp. Ltd (REC) and Indian Renewable Energy Development Agency (IREDA) to help power distribution companies clear green energy... Read more.. |
Centre, Andhra reach a compromise on green contractsBy : Sustainability ..., Nov 29, 2019
The Centre and Andhra Pradesh have reached a compromise to end the impasse over the Y.S. Jagan Mohan Reddy-led government’s controversial decision to reopen renewable energy contracts inked by the previous state government. The compromise was struck during a meeting attended... Read more.. Subject Tags: Andhra Pradesh Government , debt , DISCOMS , electricity dues , power purchase agreements , renewable energy tariff |
Haryana govt starts new scheme to recover pending power duesBy : Sustainability ..., Dec 12, 2018
The Haryana government has started a new scheme for defaulters who have not cleared their pending electricity dues since 2005. ... Read more.. Subject Tags: collection efficiency , defaulters , DHBVN , DISCOM , electricity dues , electricity waiver |