Search For "distribution utilities"
Power distribution cos record positive PAT after years of losses: Minister
Updated : 4 months, 1 week ago IST
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.
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"Power distribution utilities record positive PAT after years of losses; m
Updated : 4 months, 1 week ago IST
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."
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Akanksha Power and Infra IPO opens on 27th December
Updated : 2 years, 5 months ago IST
New Delhi [India], December 26: Nashik based Akanksha Power and Infrastructure Ltd. (APIL) Is engaged in the B2B business of manufacturing electric equipment, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries, and
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Adani Electricity Mumbai Ltd ranked No.1 Power Utility in India
Updated : 3 years, 1 month ago IST
According to the release, in the Ministry of Power's 11th edition of the 'Annual Integrated Rating and Ranking' of the country's power distribution utilities, Adani Electricity secured the 1st rank with Grade A+ and the highest integrated score of 99.6 out of 100.
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IEX posts Q4 revenue at Rs 102 crore on rising transactions
Updated : 5 years ago IST
New Delhi [India], May 14 (ANI): Indian Energy Exchange (IEX) said on Friday its standalone revenue for the January to March quarter grew by 28 per cent to Rs 102 crore from Rs 79 crore in Q4 FY20 due to 41 per cent increase in transaction revenue.
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IEX power market trade up 90 pc in April at 7,707 MU
Updated : 5 years ago IST
New Delhi [India], May 6 (ANI): Indian Energy Exchange (IEX) said on Thursday that the electricity market entered the new fiscal year 2022 with 7,707 million units volume April, achieving 90.2 per cent year-on-year growth on the platform.
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Outlook negative for power discoms due to falling revenues: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], March 11 (ANI): The outlook for electricity distribution segment remains negative with continued weakness in financial position of most state-owned distribution utilities (discoms), according to a report by ICRA.
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Distribution Utility Meet (DUM 2020) - 4th Annual Conference of Power Dist
Updated : 5 years, 6 months ago IST
New Delhi [India], November 19 (ANI/PRNewswire): The 4th edition of ISGF's Annual Conference and Exhibition - Distribution Utility Meet (DUM 2020) will be held from 27 - 28 November 2020 on a Digital Platform this year.
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IEX launches real-time electricity market to manage demand-supply variatio
Updated : 5 years, 12 months ago IST
New Delhi [India], June 1 (ANI): The Indian Energy Exchange (IEX) on Monday launched the much-awaited real-time electricity market (RTM) on its platform.
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Corporate tax cut a positive for power sector: ICRA
Updated : 6 years, 7 months ago IST
New Delhi [India], Sep 30 (ANI): The recent announcement by the government to lower the corporate tax rate is a positive development for the power sector as it will allow power generators with cost-plus power purchase agreements (PPAs) to pass on lower tax benefit to power distribution utili
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Schneider Electric introduces digital architecture for power distribution
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 16 (ANI): Schneider Electric has recently launched its digital architecture EcoStruxureTM Grid in Hyderabad which is aimed at digital transformation of power distribution utilities as it uses disruptive technology to generate higher efficiency.
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