Bankrupt DISCOMs plus Covid-19 a disastrous mix


08 April 2020 |

Coronavirus lockdown and consequent slowdown in power demand are striking at the core of the power sector in India. A cascading series of litigation and payment defaults by end consumers, DISCOMs and power producers seems underway. To make matters worse, there is pressure on the DISCOMs to reduce tariffs and/ or offer payment concessions to consumers. In an unprecedented move, Maharashtra regulator has cut tariffs for all consumer categories by 7-24% for all DISCOMs in the state for a period of five years. The state regulator has also offered a three-month moratorium on fixed charge payments to C&I consumers. Uttar Pradesh has similarly provided a fixed charge deferral and more states are likely to follow suit…


This is a PREMIUM blog available only to our paid subscribers, please login for full access. For buying a subscription to PREMIUM blogs, please write to us at marketing@bridgetoindia.com


Recent reports

India Solar Rooftop Map | December 2019

India’s operational rooftop solar capacity reached 5,440 MW as on 31 December 2019. Only 1,534 MW, 7% lower than last year, capacity is estimated to...

Download

India Solar Map | December 2019

India’s operational utility scale solar capacity reached 30,982 MW on 31 December 2019. Only 7,150 MW of new capacity was added during 2019, up a mo...

Download

India Solar Compass Q4 2019   

Project commissioning remained slow in Q4 2019 with 1,845 MW of capacity addition, 37% below our estimate of 2,919 MW....

Buy Report Download Executive Summary

India Renewables Outlook 2024   

India has announced ambitious renewable targets but progress is lagging significantly. There is a disconnect between government targets and various op...

Buy Report Download Executive Summary

India Solar Rooftop Map | September 2019

India added a record 1,853 MW rooftop solar capacity in the twelve-month period ending Sep-2019. Capacity addition was 17% higher as compared to the...

Download

Global Corporate Renewable Power Procurement Models

Commercial & Industrial (C&I) consumers in India are increasingly looking to procure renewable energy for financial and environmental reasons....

Download
Award winnig research
We use cookies to offer you an optimal user experience and collect information on website usage.