Search For "gencos"
India's power demand to stay strong, rise 7% in 2023-24: Fitch
Updated : 2 years, 6 months ago IST
India's power demand is expected to rise by around 7 per cent in the financial year ending March 2024 amid robust industrial activity, according to Fitch Ratings.
Read More
G Kishan Reddy attacks Telangana CM for state's outstanding dues towards G
Updated : 3 years, 10 months ago IST
New Delhi [India], July 31 (ANI): Union Minister G Kishan Reddy on Sunday attacked Chief Minister K Chandrashekar Rao-led Telangana government over its outstanding dues towards power generation and distribution companies.
Read More
Discom dues liquidation scheme 'to help realise Rs 9,000-cr receivables' f
Updated : 3 years, 11 months ago IST
New Delhi [India], June 23 (ANI): The Ministry of Power's scheme to liquidate overdues that distribution companies (discoms) owe to generation companies (gencos) can release the past receivables of the renewable energy (RE) sector of Rs 9,000 crore over the next two fiscals, CRISIL Ratings s
Read More
EMI scheme to be boon for power sector despite higher discom payout
Updated : 3 years, 11 months ago IST
New Delhi [India], June 21 (ANI): Electricity distribution companies (discoms) could potentially save a quarter of their additional payouts, and effectively pay Rs 20,000 crore to generation companies (gencos) this fiscal, in addition to their annual cost of power purchase, if they subscribe
Read More
Coal India issues maiden tender to import coal
Updated : 3 years, 12 months ago IST
New Delhi [India], June 9 (ANI): The world's largest coal miner Coal India Limited on Thursday said it has issued a tender to import 2.42 million tonnes (MT) of coal, which will be used by state power generating companies (gencos) and independent power plants.
Read More
Coal shortage in power plants: Centre advises states to place orders for i
Updated : 4 years ago IST
New Delhi [India], May 6 (ANI): In view of the constraints in domestic coal supply to meet the increased demand, Union Minister of Power R K Singh has advised state governments to place orders for imports, the Ministry of Power said on Friday.
Read More
Power Minister RK Singh reviews status of coal import for blending in ther
Updated : 4 years ago IST
New Delhi [India], May 5 (ANI): Union Power Minister R K Singh, on Thursday reviewed the status of import of coal for blending in the thermal power plants with the states.
Read More
Gencos opt to pay penalty rather than work at optimum capacity
Updated : 4 years, 1 month ago IST
New Delhi [India], April 21 (ANI): With temperatures soaring and demand for electricity increasing each passing day, power generation companies (Gencos) are choosing to pay penalties rather than produce electricity to the optimum capacity due to the surge in the price of imported coal. Read More
India's discom reform plan to benefit gencos in long term: Fitch
Updated : 5 years, 4 months ago IST
Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
Read More
Power ministry asks gencos, transcos to cap late payment surcharge at 12 p
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 22 (ANI): In order to alleviate the financial stress of the power system, the Ministry of Power has advised all generating and transmission companies to charge late payment surcharge (LPS) at a rate not exceeding 12 per cent per annum (simple interest) for all payments
Read More
Govt asks gencos, telcos to cap late payment surcharge at 12 pc
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 22 (ANI): The government has asked power generating and transmission companies to cap late payment surcharge at 12 per cent per annum for all dues cleared under the Rs 90,000 crore liquidity infusion scheme of Power Finance Corporation (PFC) and Rural Electrification C
Read More