HC notice to Delhi govt, discom on PIL over faulty power bills

Last Updated: Wednesday, December 5, 2012, 17:38

The city government was on Wednesday asked by the Delhi High Court to respond to a plea for damages to consumers from the government.

Financial restructuring for discoms to start from Jan: Govt

Last Updated: Thursday, November 22, 2012, 16:08

The government will kick start its financial restructuring plan for the power distribution companies from January, next year.

Govt notifies debt restructuring scheme for discoms

Last Updated: Tuesday, October 9, 2012, 22:16

Aimed at improving the financial health of discoms, the scheme, recently approved by the Cabinet, was notified on October 5 .

Indian Bank unaffected by relief to Discoms

Last Updated: Wednesday, September 26, 2012, 21:20

Indian Bank has an exposure of around Rs.7,000 crore to the power sector, of which around Rs.5,000 crore is accounted by the state power distribution companies. According to an official, around Rs.2,200 crore have been restructured.

Govt to bring draft model legislation for state discoms

Last Updated: Tuesday, September 25, 2012, 20:46

After announcing a debt restructuring package for the state electricity boards, the government Tuesday said it would bring a draft model bill for fixing responsibility on state discoms.

Govt to bring draft model legislation for state discoms

Last Updated: Tuesday, September 25, 2012, 20:01

After announcing a debt restructuring package for the state electricity boards, the govt said it would bring a draft model bill for fixing responsibility on state discoms.

Discoms debt restructuring package to be linked to performance

Last Updated: Tuesday, September 25, 2012, 18:25

Under the debt restructuring package, the state governments should convert all its loans to equity and all the outstanding energy bills of the state departments or agencies as on March 31, 2012 are to be paid by November 30, 2012.

Debt rejig to provide some immediate relief for discoms: Ficci

Last Updated: Monday, September 24, 2012, 23:26

The government's decision to restructure debt incurred by power distribution companies would provide some immediate relief for the utilities, industry body Ficci said Monday.

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.

Cabinet may soon take up Rs 2 lakh cr debt rejig of discoms

Last Updated: Wednesday, July 4, 2012, 21:42

The Cabinet is likely to soon take up the proposal of restructuring about Rs 2 lakh crore debt of power distribution companies, whose precarious financials have raised concerns of default in the banking system.

Discoms owe over Rs 1,000 cr to NHPC

Last Updated: Sunday, June 24, 2012, 12:53

State-run NHPC is yet to receive dues of over Rs 1,000 crore from various power distribution companies, forcing the power producer to regulate supply at a time when the country is facing acute electricity shortage.