Power Utilities News

Industry

Power utilities turn to cheaper exchange power as prices crash

When exchange-traded price falls below the variable component, discoms can save on their energy costs by foregoing power through PPA and buying on the exchange directly

3 min read28 May 2020
Politics

Telangana to invest Rs94,000 crore in power sector, says K. Chandrasekhar Rao

Telangana CM K. Chandrasekhar Rao says his government has developed an action plan to transform the state into a power surplus with an investment of about Rs94,000 crore

1 min read8 Nov 2017
Industry

India enters global smart meter race to fight utility losses

India is aiming to help its ailing power distribution companies by buying five million smart meters for Uttar Pradesh and Haryana in a global tender later this month

3 min read17 Aug 2017
Technology

Self-healing grids to self-healing factories

A lot of work is going on to include self-healing in the larger smart grid project, integration and balancing of renewable energy and the transmission and distribution focus

4 min read29 Jun 2017
Industry

Banks may cut funding to Rajasthan discoms missing UDAY targets

Rajasthan's state-owned power discoms have not revised power tariffs as previously agreed, which can affect the bank funding they receive uder the UDAY scheme

2 min read31 Mar 2017
Politics

Tamil Nadu set to join UDAY after months of reluctance

Tamil Nadu has become the 21st state to bail out state-owned distribution firms struggling with mountains of debt with the help of Centre's UDAY scheme

2 min read10 Jan 2017
Market

Power utilities in 2016: Sober end to electrifying start

From about 9% in the first half of the year, generation growth slowed to less than 3% in July-November, triggering concerns about the demand environment

2 min read29 Dec 2016
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

Slow progress can undermine India’s utilities revival plan

Progress on the UDAY scheme is slow at the state level. It will be difficult to achieve the desired results if aggregate technical, commercial loss reduction measures are not stepped up

2 min read1 Jul 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
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