Under the Ujwal DISCOM Assurance Yojana, or UDAY, states were to take over 75% of power utilities’ debts & include it in their fiscal deficit calculations.
RSS chief Mohan Bhagwat has backtracked on his retirement rules. The ‘75-year rule’ was applied selectively to sideline some leaders, but it doesn’t apply to the top brass.
A public meeting, where the women voiced their protest, took place this month in Delhi, grounded on the findings of an AIDWA survey, covering 9,000 women borrowers.
Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
The main cause of the mess is that due to political pressure, state regulators have wilfully reneged on their responsibility of timely tariff revisions.
Now that APTEL has already made it extremely clear to all state regulators of their responsibility in ensuring that tariff revisions are made on a timely basis and in addition, discoms are now required to open LCs for power supply by generators, the losses of discoms would drop by 80-90% – reducing the burden on the state’s finances.
Of course, financially well-off states like Telangana and Andhra Pradesh can choose to subsidize the power supply by their discoms by funding this through their budget – however, those states have budget issues will need to curtail wasteful expenses if they wish to enhance the subsidy.
As long as India’s governments follow socialist policies and refuse to allow free markets to operate, no schemes like UDAY etc. will work. These are just band aids and kicking the can down the road. If there is no proper pricing there is no incentive to produce.
The main cause of the mess is that due to political pressure, state regulators have wilfully reneged on their responsibility of timely tariff revisions.
Now that APTEL has already made it extremely clear to all state regulators of their responsibility in ensuring that tariff revisions are made on a timely basis and in addition, discoms are now required to open LCs for power supply by generators, the losses of discoms would drop by 80-90% – reducing the burden on the state’s finances.
Of course, financially well-off states like Telangana and Andhra Pradesh can choose to subsidize the power supply by their discoms by funding this through their budget – however, those states have budget issues will need to curtail wasteful expenses if they wish to enhance the subsidy.
As long as India’s governments follow socialist policies and refuse to allow free markets to operate, no schemes like UDAY etc. will work. These are just band aids and kicking the can down the road. If there is no proper pricing there is no incentive to produce.
Private firms generating solar / wind power find themselves in difficulty, owing to the poor financial condition of the discoms.
More Surya Ast than Uday.