Discoms in a sentence

According to official sources, the DISCOMs sought the regulator’s permission to allow a 30% cut on recorded maximum demand in August-2023 or 30% cut throughout the day on contracted demand whichever is higher in respect of CPI.

Atishi said the Delhi government and discoms worked in tandem with other power sources to restore power, and electricity gradually returned to different areas.

Currently, many Distribution Companies (Discoms) lack complete information about the actual behind-the-meter RTS installed capacity.

Earlier, DISCOMs were required to conduct a feasibility study for rooftop solar projects within 20 days of an application being filed, and then intimate the outcome to the applicant.

Tata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local contractors and suppliers, an official said.

To provide reliable supply, Discoms have been entering into long-term Power Purchase Agreements (PPAs) with new thermal plants.

At first glance, Gupta said, “The purpose of the Bill seems to be to privatise discoms and ensure payment to private generators.

Delaying payments to generators helps cash-strapped discoms manage their working capital cycles, meet short-term obligations and avoid costly working capital loans.

However, audited data has shown that the state clearing only 21% of the subsidies claimed by discoms and deteriorating payment collection efficiency also played major roles in the spiraling of losses.

Maharashtra plans a system where consumers will supply power to the grid at a fixed grid tariff and draw power at a higher tariff, placing the Discoms at a financial advantage.

Overdues — dues owed by discoms to generators more than 60 days — stood at a whopping Rs 1.2 lakh crore across the country at the end of July, as per the government’s Praapti portal.

Over the years, the Centre has announced many schemes to rescue state government owned discoms.

Power producers said participation of bidders in the upcoming auction round, scheduled for May 8, might be restricted due to drying up of revenue inflows from state-run power distribution companies (discoms).

Solar and wind power plants in Andhra Pradesh, with aggregate capacity of 8,000 mega watt (MW), have claimed that their under-recovery owing to inadequate tariff payments by the state discoms have reached a staggering Rs 5,000 crore.

That’s perilous for the debt-ridden Discoms.

Currently, discoms' dues are estimated to be close to Rs 45,000 crore.

Overdues — payment default of 60 days or more — from discoms to power producers were at Rs 55,091 crore at July end, according to the government’s Praapti portal.

Power producers give 60 days time to discoms for paying bills for the supply of electricity.

The Centre’s directive regarding LCs was in the backdrop of rising dues that discoms owe to gencos, which are not getting paid on time for the electricity supplied, despite standing long-term PPAs.

The Congress and have claimed the hike in fixed charges was done to benefit discoms, a charge rejected by the AAP government.