Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 4.4 per cent year-on-year to Rs 1,21,030 crore in January 2022. Discoms owed a total of Rs 1,15,904 crore to power generation firms in January 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators)...

The Cabinet Committee on Economic Affairs (CCEA) empowered alternative mechanism for disinvestment is reported to have finalised selling 100% equity of Central Electronics Ltd. (CEL), a Central Public Sector Enterprise (CPSE), for a paltry sum of Rs 210 Crores, to a private entity called Nandal Finance and Leasing Pvt Ltd. This private entity is a financial intermediary. It has clearly no competence, managerial ...

  The All India Power Engineers Federation (AIPEF) on Sunday urged the government to withdraw cabinet decision on privatization of electricity distribution in UT Chandigarh as the matter is still sub judice. V K Gupta Spokesperson AIPEF said that the legal challenge filed by UT employees is still sub judice as the matter was first referred to Supreme Court which then directed it to Hig...

  The All India Power Engineers Federation (AIPEF) on Sunday urged the government to withdraw cabinet decision on privatization of electricity distribution in UT Chandigarh as the matter is still sub judice. V K Gupta Spokesperson AIPEF said that the legal challenge filed by UT employees is still sub judice as the matter was first referred to Supreme Court which then directed it to Hig...

  The All India Power Engineers Federation (AIPEF) on Sunday  urged the government to withdraw cabinet decision on privatization of electricity distribution in UT Chandigarh as the matter is still sub judice. A Spokesperson AIPEF V K Gupta  said that the  legal challenge filed by UT employees is still sub judice as the matter was first referred to Supreme Co...

All India Power Engineers Federation on Sunday urged the government to withdraw the Union Cabinet decision to privatise power distribution in Chandigarh as the matter is still sub-judice. "The All India Power Engineers Federation (AIPEF) on Sunday urged the government to withdraw Cabinet decision on privatisation of electricity distribution in UT (Union Territory) Chandigarh as the matter ...

As collective losses of DISCOMs cross Rs 1 lakh crore, their poor financial health can risk India’s financial system and its clean energy transition due to delays in signing of Power Purchase Agreements (PPA) The power distribution companies (discoms) in India seem to be headed for tougher days, as the financial books of discoms are continuing to worsen with the collective losses swelling over Rs. 1 lakh cro...

This is a proposal that will benefit both the power generator and the consumer. The ball is in the States’ court On December 16, the Central Electricity Regulatory Commission came out with a draft proposal to facilitate regulatory framework for General Network Access (GNA) which, if implemented, would bring in a radical change to the country’s power disbursal system and create a level playing field. ...

Centre approves ?871 crore bid by Kolkata-based RP-Sanjiv Goenka Group, which is set to take over the Chandigarh electricity department in a month In a month’s time, the city’s electricity management will be in a private company’s hand with the Union cabinet giving its nod to the ?871-crore bid made by a private company in August last year. The electricity department will now be...

There's a rising clamour among political parties to make free power a poll issue in the upcoming Uttar Pradesh and Punjab elections. Never mind that the electricity sector is characterised by rampant revenue leakage, sheer populism and a host of policy challenges. The political executive, which says it walks what it talks, needs to step up power sector reforms, improve realisations, and p...