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'Regulatory commissions can take up discoms' debt rejig'
January 2013
Financial restructuring of power distribution companies in the country should be done through regulatory commissions and not directly by State governments, Tata Power has suggested. The company's suggestion comes amid rising concerns about debt woes of power distribution companies.
'Regulatory commissions can take up discoms' debt rejig'
January 2013
Financial restructuring of power distribution companies in the country should be done through regulatory commissions and not directly by State governments, Tata Power has suggested. The company's suggestion comes amid rising concerns about debt woes of power distribution companies.
Centre needs Rs 1,200-cr for discom debt rejig
January 2013
For the task of restructuring the debt of the State power distribution companies country-wide, the Union Power Ministry will seek financial support of Rs 1,200 crore from the Ministry of Finance, for 2013-14, sources said. A budgetary support of Rs 1,200 crore has been asked for (in the budget) for the financial restructuring package of the discoms, the sources told a leading news agency.
Centre needs Rs 1,200-cr for discom debt rejig
January 2013
For the task of restructuring the debt of the State power distribution companies country-wide, the Union Power Ministry will seek financial support of Rs 1,200 crore from the Ministry of Finance, for 2013-14, sources said. A budgetary support of Rs 1,200 crore has been asked for (in the budget) for the financial restructuring package of the discoms, the sources told a leading news agency.
Haryana eager to get GOI's package for its power distribution
January 2013
To avail the Union government proposed bailout package for restructuring the ailing power distribution utilities, the Haryana Power Distribution Utilities (Uttar and Dakshin Haryana Bijli Vitran Nigam) is expeditiously working on its plans. Talking to a business newspaper, the Chairman and Managing Director of the Utilities Devinder Singh said that short-term liabilities of the Haryana discom as on March 31, 2012 stood at Rs 18,000 crore.
Haryana eager to get GOI's package for its power distribution
January 2013
To avail the Union government proposed bailout package for restructuring the ailing power distribution utilities, the Haryana Power Distribution Utilities (Uttar and Dakshin Haryana Bijli Vitran Nigam) is expeditiously working on its plans. Talking to a business newspaper, the Chairman and Managing Director of the Utilities Devinder Singh said that short-term liabilities of the Haryana discom as on March 31, 2012 stood at Rs 18,000 crore.
Centre extends debt-rejig for power discoms till March
January 2013
The Union government has extended the ambitious debt-restructuring scheme for power distribution utilities till March-end due to the failure of the State governments to commit sovereign guarantees for bonds to be issued to lenders in lieu of loans.
AP's electricity consumers await steep tariff hike
January 2013
In Andhra Pradesh, Power distribution companies have filed their annual revenue requirement projections with the Andhra Pradesh Electricity Regulatory Commission, hinting at steep tariff hike for the next financial year. Proposals include tariff hike for industrial consumers to Rs 7.59 a unit from Rs 7.25.
Centre extends debt-rejig for power discoms till March
January 2013
The Union government has extended the ambitious debt-restructuring scheme for power distribution utilities till March-end due to the failure of the State governments to commit sovereign guarantees for bonds to be issued to lenders in lieu of loans.
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