Schemes which aim at 100% village electrification, 24x7 power supply and other such objectives can be turned into reality only after financially strengthening the distribution companies.
The government of India (GoI) has estimated that state-owned power distribution companies (discoms) incurred annual losses of around Rs 60,000 crore during FY14-FY15 and that the accumulated losses in the past six financial years are around Rs 3.66 lakh crores. But then losses of discoms have traditionally been a cause of concern. So for a change, in a recent development, four Gujarat government-owned discoms registered an increase in their collections for both outstanding dues and advance payments after they started accepting ‘demonetised’ currency notes from customers for payment of electricity bills and it was reported that the discoms collected Rs 2,000 crore in power bills.
This story is from the December 2016 edition of Power Watch India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 2016 edition of Power Watch India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Power Sector Update
Let’s take a look at how certain power sector segments have fared since last year and what impact these developments will have in the years to come.
Five Steps Towards Compliance With India's New Emissions Norms
Renewable energy is essential to sustainably powering future growth; in the present however, when most of India’s energy comes from coal, this is where our cleaner energy conversations need to focus.
'There Has Been A Decline In The Unorganised Market For LEDs'
Opines Gautam Seth, Joint Managing Director, HPL Electric & Power Ltd., in an interaction with Monica Chaturvedi Charna, on the role of EESL in driving the LED market in India, future of unorganised players and business opportunities rendered by the Smart Cities mission...
India Smart Grid Week 2017
The four-day long international conference and exhibition ‘India Smart Grid Week 2017’ that was held in New Delhi’s Manekshaw Centre from March 7-10, 2017 received great response from the delegates, exhibitors and visitors. More than 200 internationally acclaimed experts in the field of energy, policymakers from the government and leaders from 50 countries converged together to discuss on how to leverage the emerging technologies to provide reliable power and help in resolving critical gaps in electricity delivery across the country.
Time Is Ripe for Adoption of Innovative Technologies
Amit Vaidya, Director, Strategic Customer Team, India, Sensus speaks about the potential of the UDAY scheme and the need for deployment of automation and smart technologies in the distribution infrastructure, in an interview with Monica Chaturvedi Charna...
Conext Inverter Will Reduce the Levelised Cost of Energy
Anurag Garg, Vice President – Solar Business, Schneider Electric, speaks about the company’s latest launch, an inverter that will help cut down the operational cost of solar power plants, in an interview with Monica Chaturvedi Charna...
Hands Off My Discom!
Most people who take an interest in the electricity sector are aware that the discom train has clearly jumped off the rails in a large number of Indian states.
Recommendations for Energy Storage in India
India’s energy sector has grown rapidly over the last year driven by policies, reforms and investments. Various policy initiatives such as introduction of UDAY, amendments in National Electricity Act, new solar RPO target for states, biofuel policy, small hydro policy, offshore wind policy and new hydrocarbon policy have all contributed to growth of the industry. However, there is still a long way to go with some persisting issues requiring attention and resolution at the earliest, making the upcoming budget crucial to the energy sector.
Report
Asia-Pacific Region Provides Best Opportunities In Declining Global Gas Turbine Market: GlobalData.
Backup Power
Decision-makers should put in place backup power with safeguards including computer-security measures so that the system offers round-the-clock power and is protected from all sorts of disruptions.
