Power Distribution Companies News

Market

Record spot electricity prices may hold a silver lining for stressed power plants

If demand continues to see the current steady growth then the peak utilization can reach as high as 78% in five years

2 min read3 Oct 2018
Market

Govt’s renewable energy usage targets ambitious; scaling up has helped

From 17% in FY19, the renewable purchase obligation (RPO) target as a percentage of total electricity usage by the discoms has been ramped up to 21% by FY22

2 min read22 Jun 2018
Industry

UP’s electricity quest may hold the key to Indian power sector revival

The BJP government's promise to provide round- the-clock electricity from October 2018 in Uttar Pradesh may hold the key to revive India's electricity demand

2 min read12 Jul 2017
Industry

Demonetisation boosts power utilities’ cash flow

Power utilities across the country, both state-owned and private, have witnessed a minimum 10% surge in revenue compared to the average receipts in first three weeks of a month

2 min read25 Nov 2016
Market

Renewable energy project returns face counter party risks

The weak financial health of discoms is constraining the credit profile of renewable energy developers, says India Ratings and Research

1 min read11 Oct 2016
Industry

Centre to review discoms’ turnaround efforts

States which fail to turn around their power discoms, despite debt restructuring under UDAY, will have to show the companies' losses as state debt in their budgets from 2018-19

2 min read28 Jun 2016
Politics

States get more time to adopt power utility rescue scheme

States that join the UDAY have time till the end of this financial year to take over 75% of the outstanding debt of power utilities

1 min read22 Jun 2016
Politics

Haryana to issue Uday bonds to raise Rs25,950 crore for discom debt recast

Haryana govt will raise the funds for retiring accumulated debt of its power utilities Uttar Haryana Bijli Vitran Nigam Ltd and Dakshin Haryana Bijli Vitran Nigam Ltd

1 min read12 Mar 2016
Industry

Govt tells coal power plants to subsidize 15GW of solar power

The decision dated 17 July requires state-controlled NTPC to sell cheaper coal power along with more expensive solar as a single unit

2 min read7 Sep 2015
Market

Power production growth slips

Generation grew just 1.73% in March, the lowest in 17 months, as capacity utilization of thermal plants plunged 3.77 percentage points from a year ago

1 min read13 Apr 2015
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