Friday, June 24, 2022
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power distribution companies

Insolvency proceedings can be initiated against state-run discoms, gencos: Power Ministry

The Ministry of Power has said that insolvency proceedings can be initiated against state-owned discoms, gencos in case of default

DISCOM losses down from Rs 61,360 cr in FY19 to Rs 38,000 cr in FY20: RK Singh

Power Minister RK Singh said that the losses of power distribution companies (DISCOMs) have dropped sharply by around 38 percent between FY19 and FY20

Like PFC, REC, banks to ask discoms to meet performance parameters for availing loans

To push discoms to implement reforms, the government is mulling further tightening of lending norms, said Power Secretary Alok Kumar

Genus can double manufacturing of smart meters in 6 months, if required: JMD

Genus Power has designed its infrastructure in a way that will enable it to double its smart meter manufacturing capacity within 6 months, if required, its Joint Managing Director said

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