Once this happens, it will make Discoms unviable.
The Discoms/ Power Departments.
The two big electricity distribution companies(Discoms) have shut shop.
Power Discoms will facilitate setting up of these stations.
The latest comprehensive data for all Discoms is available for 2014-15.
This is expected to result in all the Discoms becoming profitable by 2018-19.
Uday was started to improve financial and
operational efficiency of the power distribution companies(Discoms).
Under UDAY,
state governments had to take over the debts of power distribution companies(Discoms).
They also expressed concern at the financial status of power distribution companies(Discoms) in India.
In 2015, India's Discoms collectively recovered less than 80% of their operational costs,
we reported.
The government may
have to pay the buyer like in the case of Delhi Discoms privatization.
In APRL's case, there was no such CSA in place, which the Discoms pointed out.
Discoms and its local offices shall be the nodal points for implementation of the programme.
Power producers give 60 days to Discoms for paying bills for the supply of electricity.
The two MDs of Discoms are working to maintain the power system functional in both divisions.
The government, said Verma, has not been able to improve the financial health of electricity distribution companies(Discoms).
We also have a Ministry of Power,
along with State-level bodies that regulate electricity distribution companies, or Discoms.
The Government launched“DEEP(Discovery of Efficient Electricity Price) e-Bidding & e-Reverse Auction portal” for
procurement of short-term power by Distribution Companies(Discoms).
The details of consumers viz., Name and Mobile number/Bank account/Driving License/Voter ID etc., as available,
would be collected by the Discoms.
At the same time we also have
the Ministry of Power and state-level bodies which regulate power distribution companies or Discoms.
The Scheme aims for financial turnaround and revival of Power Distribution companies(Discoms)
and also ensures a sustainable permanent solution to the problem.
Smart meters pave the way for the smart
grid as they enable two-way real-time communication between Discoms and consumers through GPRS technology.
He said the previous government had claimed that Discoms will be rescued from financial crisis,
but the scheme was implemented without planning.
The details of consumers' viz., Name and Aadhar number/Mobile number/Bank account/Driving License/Voter ID etc.,
as available would be collected by the Discoms.
All the key players under the scheme like the BEE and
participating implementer(s), Discoms and households are voluntarily taking part under this scheme.
Singh argued that until the issue was decided, the Discoms should not in the meantime have to bear a high financial burden.
Due to sporadic tariff hikes, India's consumers owed Discoms Rs 76,963 crore by March 31, 2019,
since Discoms were not allowed to raise tariff.
As per the new policy, in case of an unscheduled power cut, the Discoms will have to restore the electricity within one hour.
So Discoms are unable to repay their debt
and their losses of Rs 1.7 lakh crore in the near future are likely to soon become NPAs.
The generator will be required to make the
plant operational within nine months from the date of agreement, where land and connectivity is being provided by Discoms.