Andhra Pradesh Deputy Chief Minister Pawan Kalyan said that the budget presented by Finance Minister Payyavula Keshav reflects the aspirations of five crore people of Andhra Pradesh.
The Indian Energy Exchange achieved its highest-ever daily average electricity volume of 448 MU in February 2026, contributing to a total monthly traded volume of 12,550 MU. According to the IEX Power Market Update for February '26, the monthly performance represents a 30.4 per cent increase
The Ministry of Power and the electricity department are implementing strategic measures to address significant financial losses, with a focus on improving the viability of distribution companies.
Financial reforms and clear, transparent tariff policies are essential for the long-term sustainability of power distribution companies (DISCOMs), says Central Electricity Authority Chairperson Ghanshyam Prasad.
Jaipur (Rajasthan) [India], February 18: Genus Power (NSE: GENUSPOWER| BSE: 530343) India's leading end-to-end energy measurement solutions provider has achieved a significant milestone in India's smart metering journey by deploying 1 crore smart meters under Revamped Distribution Sector Sch
Adani Energy Solutions Limited (AESL) has achieved a major milestone in India's power distribution sector by successfully delivering and installing 1 crore electricity smart meters across distribution companies (discoms), becoming the first player in India, and possibly globally, to reach th
Mumbai (Maharashtra) [India], February 5: Tata Power, one of India's largest vertically integrated power companies, today reported Profit After Tax (PAT) of Rs 1,194 crore in the third quarter ended December 31, 2025. The Company reported revenue of Rs 14,485 crore; and EBITDA of Rs 3,913 cr
The country's power distribution utilities (DISCOMs and power departments) have collectively recorded a positive Profit After Tax (PAT) of Rs 2,701 crore in the year 2024-25, marking a significant turning point for the sector, Manohar Lal, Union Minister of Power, said.
As per the Ministry of Power, "The positive PAT of Rs 2,701 crore returned in FY 2024-25 compares to a loss of Rs 25,553 crore in FY 2023-24 and a loss of Rs 67,962 crore in FY 2013-14."
Manohar Lal, Minister of Power, on Sunday urged all DISCOMs to work closely with ecosystem stakeholders to transition towards smart, reliable, and consumer-focused distribution systems.
An average tariff hike of 4.5 per cent coupled with a reduction in aggregate technical and commercial (AT&C) losses below 15 per cent is essential to eliminate the gap between the average cost of supply (ACS) and average revenue realisation (ARR) for power distribution companies (discoms), r
New Delhi [India], September 1: The Global Energy Alliance for People and Planet (GEAPP) hosted its Alliance in Action Convening on 29 August 2025 at the Hyatt Regency, New Delhi, bringing together key stakeholders, investors, innovators, and DISCOMs to advance India's clean energy transitio