Employees have urged CM Yogi Adityanath to take over the department from Sharma, saying the minister had reneged on agreements with them and was pushing privatisation.
The Indian government must reform its model of state ownership of DISCOMs. A more market-driven approach will improve autonomy, and financial viability.
The road to discom privatisation has several challenges— resistance from stakeholders, political interference, and disputes over tariff structures, to name a few.
When high tariff paying customers leave, discom finances will further deteriorate. Discoms, therefore, find ways to not allow open access to keep customers captive.
In its letter to states & UTs, power ministry says large regulatory assets created by SERCs without specifying mandatory trajectory for their recovery is in contravention of law.
The tenders, floated by 4 power distribution companies in the state, are part of the Modi govt's all-India push to upgrade and improve the power distribution network in India.
RBI data shows Indian discoms owe power generation firms over Rs 4.5 lakh crore, almost a third of which is owed by Tamil Nadu, where power subsidy cost is twice that of food subsidy.
In 109 of 165 thermal power plants that are currently operational, the actual coal stock is less than 25 per cent of normative stock that they are mandated to keep.
We get very angry when rain disrupts our lives and brings our cities to a halt, but by the time the elections come around, we have forgotten how angry we were.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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