A study by CareEdge Ratings estimates that advance metering infrastructure is likely to provide additional cumulative revenue potential of around Rs. 4.5 lakh crore to discoms, in the next seven years, up to FY31. The study notes that the Read more
The Ministry of Power has recently notified new rules with respect to payment of subsidy by state governments to distribution companies. The new rules mandate that a quarterly report shall be submitted by the distribution licensee within thirty days Read more
“The distribution business has done well. It continues to serve more than 12 million customers, making your company the largest private power distribution utility in the country. Odisha discoms, where all the four distribution companies have reported substantial Read more
India’s aggregate technical & commercial (AT&C) losses have been estimated at 17 percent for the financial year 2021-22 (FY22), according to information recently tabled in Parliament. In a recent written reply given in the Rajya Sabha, Union power minister Read more
There has been a marked reduction in AT&C losses of discoms during FY22 as compared to FY21, a power ministry release said. Preliminary analysis of the performance of 56 discoms for the year FY22 indicates that aggregate technical & Read more
R.K Singh, Union Minister for Power and NRE, chaired the conference of Power and Renewable Energy Ministers of State/UTs that was held on October 14 and 15, 2022 in Udaipur, Rajasthan. During the conference, detailed deliberations were held with Read more
Jaipur-headquartered RMC Switchgears, in a stock exchange filing, said that it has developed an IoT device that can help power distribution utilities in reducing power theft. RMC Switchgears elaborated that its newly-developed IoT device can help in monitoring the Read more
The aggregate technical and commercial (AT&C) losses of power distribution utilities improved year-on-year to stand at 20.93 per cent in FY20, according to a recently-released report by Power Finance Corporation. The “Report on Performance of Power Utilities: 2019-20” newly Read more