Electricity Distribution

Ujjwal Discom Assurance Yojana :

One of the main reason for lacklustre performance of power sector is the inability of state electricity boards to purchase power generated resulting in losses and hampering investment. To counter this NDA government in 2015 has launched Ujwal Discom Assurance Yojana to rescue almost bankrupt state electricity retailers. It will rejig Rs 4.3 lakh crore debt of the utilities besides introduce measures to cut power thefts and align consumer tariff with cost of generating electricity. The financial restricting exercise is being carried out for 21 states Rajasthan, Andhra Pradesh, Uttar Pradesh, Tamil Nadu, Haryana, Jharkhand, Bihar and Telangana. The operational efficiency improvements will be brought in by compulsory smart metering, upgradation of transformers and meters to reduce electrici
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Toshiba recieves order from PowerGrid

Toshiba Transmission & Distribution Systems (India) (TTDI) has received an order from Power Grid Corporation of India Ltd (PGCIL) for a UHV transformers package to be set up on a turnkey basis. The seven units of 765kV transformers with a capacity of 500MVA will be manufactured at manufacturing facility near Hyderabad and delivered for installation at PGCIL?s Cuddapah substation in Andhra Pradesh for operation in November 2017. The company was also awarded an EPC contract by Odisha Power Transmission Corporation Ltd (OPTCL) to construct a 220kV substation adopting Gas Insulated Switchgears (GIS), also on a turnkey basis. The demand for UHV transformers in India is growing because of its efficiency in carrying massive amounts of electricity from the power plant. The demand for GIS, which
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Rajasthan State joins Ujwal Discom Assurance Scheme (UDAY)

Rajasthan State distribution utilities has signed an MoU to join Ujwal DISCOM Assurance Yojana (UDAY) scheme. The three electricity distribution utilities in Rajasthan ? Jaipur Vidyut Vitran Nigam Ltd, Jodhpur Vidyut Vitran Nigam Ltd and Ajmer Vidyut Vitran Nigam Ltd will hand over Rs. 60,500 crore of the debt on the books of the electricity distribution utilities. The remaining ? 20,000 crore will be issued as state guaranteed DISCOM bonds at coupon rates of around 3 per cent lower than the average existing interest rate. As a result, the distribution utilities of Rajasthan will save around ? 3,000 crore annually through reduction in annual interest cost. By increasing the operational efficiency and ensuring AT&C losses, an additional revenue of ? 7,300 crore is expected to come to the D
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    Hubli Electricity Supply Co Ltd

    Hubli Electricity Supply Co Ltd is wholly owned by Government of Karnataka (GoK), incorporated on 30th April 2002 under the Companies Act, 1956 (No. 1 of 1956) and the company

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    NTPC Electric Supply Company Ltd NESCL

    A subsidiary of NTPC Ltd - the company was formed on August 21, 2002. It is a wholly owned subsidiary company of NTPC with the objective of making a foray into the business of d