The payment position of power discoms continued to improve in April 2021, judging from latest government data. Data pertaining to April 2021 was released on the PRAAPTI portal recently. Here are some highlights: Read more
The Union power ministry has issued a notification enabling discoms to either continue or exit the power purchase agreement (PPA) after its term. The notification gives flexibility to power generators to sell the relinquished power in any mode after Read more
Prime Minister Narendra Modi, in a recent webinar for “effective implementation of Union Budget proposals in the power sector,” said that new policy reforms in the power distribution sector are expected soon. The Prime Minister noted that the government Read more
Reliable media reports suggest that the upcoming Union Budget: 2021-22 will have a significant emphasis on reviving the power distribution sector. The budgetary allocation to the power ministry for FY22 is likely to be in the region of Rs.15,000 Read more
Direct tariff electricity subsidies from state governments have increased 32 per cent since FY16, amounting to Rs.110,391 crore (USD 14.96 billion) in FY19, according to an independent report (Unpacking India’s Electricity Subsidies) recently released today by the Council Read more
The total outstanding dues payable by state-owned distribution companies to power generators grew 40.5 per cent year-on-year, to reach Rs.1,31,985 crore on August 31, 2020. Data relating to August 2020 was released on the PRAAPTI portal recently. Here are Read more
According to latest information available on the government portal PRAAPTI, the total dues of state government-owned power distribution companies as of July 31, 2020 was nearly 37 per cent higher than the comparable level in 2019. The government portal Read more
The upcoming Union Budget might feature a new scheme aimed at the power distribution sector, according to R.K. Singh, Minister of State (Independent Charge) for Power and Renewable Energy quoted widely in the media. The new set of proposals Read more
Participating state government power distribution utilities have achieved net savings of around Rs.15,000 crore till March 2017, following their enrolment in the UDAY scheme, a government release said. Further, in the participating states, Read more