Power distribution companies’ dues to power producers rise by 10% to Rs 82,000 crore by March 2021

State-run electricity distribution companies’ (discoms) ‘overdues’ — pending receivables of 45 days or more — to power producers stood at Rs 82,400 crore at the end of March 2021, up 10.3% from a year earlier. The dues would have been much higher, but for the loans provided by Power Finance Corporation (PFC) and Rural Electricity […]

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Power distribution companies’ dues to power producers rise by 10% to Rs 82,000 crore by March 2021

State-run electricity distribution companies’ (discoms) ‘overdues’ — pending receivables of 45 days or more — to power producers stood at Rs 82,400 crore at the end of March 2021, up 10.3% from a year earlier. The dues would have been much higher, but for the loans provided by Power Finance Corporation (PFC) and Rural Electricity […]

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India to allow rooftop solar installations up to 500 KW to be billed under “net metering”

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In order to provide relief to the rooftop solar industry, the Indian government is proposing to allow rooftop solar installations with up to 500 kilowatt (kW) capacity to be billed under ‘net metering’. If the proposal is approved, those who have rooftop solar panels will receive higher tariffs from power distribution companies (discoms) for the […]

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Discoms’ outstanding dues to power gencos rise nearly 17% to Rs 1.02 lakh crore in February 2021

Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year. Distribution companies (discoms) owed a total of Rs 87,888 crore to power generation firms in February 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in […]

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Discoms in India get Rs 46,000 crore under liquidity package out of total sanctioned loans of Rs 1.35 lakh crore

Power distribution utilities (discoms) in the country have received Rs 46,321 crore so far out of the total sanction loan amount of Rs 1.35 lakh crore under the liquidity infusion scheme, Parliament was informed.  “So far, loans of Rs 1,35,497 crore have been sanctioned and Rs 46,321 crore have been released to states/DISCOMs by REC […]

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Amended consumer rights rules by power ministry likely to impact India’s private rooftop solar capacity

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The latest rules regarding the consumer rights laid down by the Union power ministry is likely to impede the pace of capacity addition of the rooftop solar in the country. The amendments made by the Ministry of Power purports to disincentivise commercial and industrial users from installing such power generation capacities in their premises. While […]

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