Power distribution companies
New Delhi- This year, the electricity bills are likely to be increased by about 20 percent all over the country as the government is compelled to move on with the pricing reforms which is essential for the feeble sector. As per P Uma Shankar, Power Secretary, the restructuring and the lending schemes are tied with the tariff revisions [...] Continue Reading »
New Delhi- The Nodal Steering Committee was appointed by the High Court on the unauthorized construction and encroachment and asked the deputy commissioners to address the power distribution companies (discoms) and Delhi Jal Board (DJB) in order to disconnect the water and electricity supply. Also the sub-registrar of the zones were not allowed to register any unauthorized property. In [...] Continue Reading »
As suggested by the Centre, major states agreed to the plan of restructuring loan for power distribution companies (discoms) worth Rs 1.2 lakh crore, including revision of tariffs and roping in the private sector. The state government will take over half the short term outstanding loan after discoms issue bonds to lenders. The maturity of [...] Continue Reading »
The Karnataka Electricity Regulatory Commission (KERC) had recently decided to revise the power tariff leaving the residents of Bangalore in a trauma. However the commission has now decided to put a pause to the rate hike for certain span. With the on going raising interest rates, water tariff hike and now the spared power supply [...] Continue Reading »
