POSOCO Asks Power Exchanges To Bar 27 DISCOMs From Trading Until They Clear Dues Updated On Fri, Aug 19th, 2022 by Saurenergy According to sources, Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges – IEX, PXIL, and HPX – to restrict electricity trading by 27 discoms in 13 states that owe gencos money. POSOCO has issued a directive to the Indian Energy Exchange (IEX), Power Exchange of India (PXIL), and Hindustan Power Exchange (HPX) […] Read more
Two Of The Four Gujarat State Discoms Top All-India Integrated Rating Updated On Mon, Aug 8th, 2022 by Saurenergy In the 10th Integrated Rating of Power Distribution Utilities, published by the Union Power Ministry, two of the four state-owned power distribution firms (DISCOMS) of Gujarat have emerged on top. Dakshin Gujarat Vij Company Limited (DGVCL) and Madhya Gujarat Vij Company Limited (MGVCL), two of the 71 discoms evaluated, took the top two spots, while […] Read more
Greenko’s Cloud Platform To Offer Discoms Energy Storage Solutions Updated On Tue, Jul 19th, 2022 by Saurenergy Hyderabad-based Greenko Group has hit launched a cloud storage platform to offer discoms and industries energy storage solutions on demand. Mahesh Kolli, founder, president, and joint managing director of Greenko Group has been quoted as saying, “While the users can own the green energy project, storage would be offered as a service contract. The company […] Read more
Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
Report Calls Upon Discoms To Put In Place Consumer Centric DR Strategy Updated On Fri, Jun 3rd, 2022 by Saurenergy Alliance for an Energy-Efficient Economy (AEEE) and AutoGrid released on June 2 a report highlighting the wide range of possibilities offered by Demand Response (DR) that can effectively help electricity distribution companies (DISCOMs) handle their increasing future electricity demand while still operating reliably towards a greener grid. Titled Roadmap for Demand Flexibility in India, the […] Read more
India-Ra Report Predicts Rs 59,000 Crore Losses At Discoms in Fy 21-22 Updated On Thu, Jun 2nd, 2022 by Saurenergy India Ratings Research (Ind-Ra) has released a ready reckoner on financial health of discoms for 2021-22. Ind-Ra has used the data from Power Finance Corporation Limited’s (PFC) report on Performance of State Power Utilities 2019-20, tariff orders from state electricity regulatory commissions and annual reports to carry out the analysis and make FY22 estimates. In […] Read more
Greenko Will Supply Renewable Power to ArcelorMittal, Ayana, DISCOMS Updated On Tue, May 24th, 2022 by Saurenergy Hyderabad based Greenko Energies Pvt Ltd will be supplying clean power to ArcelorMittal, Ayana Renewable Power and three Indian states from its upcoming renewable energy plus storage facility worth 5,230 MW being constructed in Kurnool, Andhra Pradesh, according to reports. Just days ago, Greenko commenced the work on the integrated RE storage project in Kurnool […] Read more
APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs Updated On Wed, Feb 16th, 2022 by Saurenergy In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […] Read more
APTEL To Decide On Delhi Discoms, Dadri Power Plant Dispute Updated On Mon, Jan 24th, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) will hear on Monday (Jan 24) an NTPC’s plea challenging a Central Electricity Regulatory Commission’s Order, allowing Delhi’s three power distribution companies to exit their power purchase agreements with its Dadri I power plant. Against the CERC Order, the NTPC had earlier approached the Supreme Court, but the apex […] Read more
