Scindia favours 'carrot and stick' policy for power discoms

Last Updated: Sunday, May 12, 2013, 12:48

In a 'carrot and stick' approach to deal with the power distribution companies, Union Minister Jyotiraditya Scindia has suggested incentivising the discoms that cut down losses from theft and other transmission issues while punishing the bad performers.

Scindia to release discom ratings tomorrow

Last Updated: Monday, March 18, 2013, 15:21

Power Minister Jyotiraditya Scindia will meet the energy secretaries from various states and also release the integrated ratings of electricity distribution companies on Tuesday.

BJP slams govt for discom bailout, seeks PM`s intervention

Last Updated: Thursday, February 21, 2013, 19:09

BJP slammed Delhi government for offering bailout package to private power distribution companies and sought Prime Minister Manmohan Singh`s intervention in ordering CAG scrutiny into their accounts.

Tata Power to provide technical services to Nigerian discom

Last Updated: Tuesday, February 5, 2013, 19:52

The largest private utility Tata Power has bagged a contract to provide technical services to Benin Distribution Company of Nigeria, a top official said.

States need not get into discom debt rejig: Tata Power

Last Updated: Sunday, January 27, 2013, 18:22

Amid rising concerns about debt woes of power distribution companies, Tata Power has suggested that financial rejig of discoms should be done through regulatory commissions and not directly by state governments.

Loss-making discoms a drag on states' finances, says RBI

Last Updated: Thursday, January 10, 2013, 22:31

The RBI Thursday said loss-making power distribution companies continue to impact financials of states and cautioned against their restructured debt liabilities turning into non-performing assets for the state governments.

Central panel on discom debt rejig to meet this week

Last Updated: Sunday, January 6, 2013, 19:09

Amid concerns over power sector woes, the first meeting of a central panel to oversee the massive debt rejig scheme for ailing electricity distribution companies is likely to be held this week.

Centre approves Rs 1.9 lakh crore debt reijg of discoms

Last Updated: Monday, September 24, 2012, 20:54

The government on Monday cleared the proposal to restructure debt worth nearly Rs 2 lakh crore of state electricity boards, giving a boost to the ailing power sector.

CISF cover to discoms removed as it was not feasible: Govt

Last Updated: Tuesday, August 4, 2009, 17:36

The government on Tuesday said it had decided to withdraw CISF security given to power companies here because "it was not found feasible to continue deployment" of the force for such projects.