discoms

discoms News

Cutting power subsidies – by giving new pumps free!

Simply put, what is a 5-HP pump, on paper, actually draws electricity that a 6.7-HP motor would, consuming 5 units rather than 3.73 units per hour.

Ease of business ranking up after one hurdle less, discoms promise more

The latest edition of the report — Doing Business 2016 report — saw India scale up four positions in the overall country rankings, aided largely by a 29-position jump under the ease of “getting electricity” head.

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Cabinet may approve new power tariff policy next week

The proposed policy aims to provide incentives to renewable energy projects as well as push for efficient use of power generated from conventional sources of energy like coal and others.

Govt clears bailout package for debt-ridden discoms

At present, outstanding loans of state distribution utilities stand at 5 lakh crore.

Cancel agreements with discoms: Arvind Kejriwal to Narendra Modi

Kejriwal underscored that his government had no enmity with discoms and wanted to ensure 24-hour supply of power at cheaper rates.

Discoms gave incomplete information, didn’t submit other data, says draft report

The draft report says discoms were slow to furnish records, did not submit sets of data for several financial years and gave incomplete information in some cases, said sources.

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CAG indictment of discoms in Delhi: Best news for AAP government

The CAG draft report indicates that Delhi's discoms inflated assets and indulged in irregular practices, an indictment which bolsters the AAP's case for further cuts in Delhi's power tariff.

Discoms oppose govt’s move to penalise them

The discoms have also cited the 'legality' of such a move and said the 'DERC’s own guidelines are against giving suo moto compensation.'

Discoms seek 20% hike in power tariff

The DERC is in the process of finalising the tariff for 2015-16 and is likely to announce the new rates by the end of August 2015.

Reserve Bank of India red flags corporate leverage

Banks have restructured around Rs 53,000 crore of the seven Discoms' exposure.

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