Times News Network
To increase the pressure on electricity producers to use imported coal, the EU electricity minister said on Wednesday that domestic fuel supplies to state-run utilities and independent electricity producers (IPPs) will be reduced by 30% from June 7 if they do not place their links with Coal India (CIL) or have not already initiated their … Read More “Fuel import dictation to states, private gencos: Adhere to or face cuts in coal supply, says government” »
The Ministry of Power of the Union may invoke section 11 of the Electricity Act, 2003 to make it mandatory for state-run electricity companies to purchase electricity produced from imported coal. The move follows discoms’ reluctance to buy more expensive power from imported coal-based (ICB) units, which were previously instructed by the ministry under the … Read More “Rejects mandatory purchase from ICB systems” »
Flagging higher electricity tariffs for businesses in India than in export competitors, a Reserve Bank of India (RBI) report has called for a slew of measures, such as deregulation of electricity pricing, greater role of the private sector in transmission and distribution, more focus on renewable energy, and reducing ‘deadweight loss’ to bring down the … Read More “RBI report calls for complete deregulation of power tariffs” »
Dues of over Rs 2 trillion owed by state governments to their own discoms have added to the woes of the power sector already hit by high coal prices. These dues include unpaid electricity bills by government departments and entities, and subsidy amounts yet to be released to the discoms. In the first fortnight of … Read More “Power situation set to worsen in several states; Discoms owed over Rs 2 trillion” »
A peaking summer, coupled with an industrial revival, has led to a huge power shortage in the country. Even as the government claims it is pulling out all the stops to avoid a nation-wide power crisis, worsening of fuel stocks at thermal stations is likely to cripple electricity supplies in the weeks ahead, slowing economic … Read More “Fuel supply crisis at gencos: Many states face power outage” »
Total outstanding dues owed by electricity distribution companies (discoms) to power producers increased by 17.3 per cent year-on-year to Rs 1,23,244 crore in April 2022, as per official data. Discoms owed a total of Rs 1,05,029 crore to power generation firms in April 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement … Read More “Discoms’ outstanding dues to gencos rise 17.3 pc to Rs 1,23,244 cr in April” »
