Striking a fine energy balance
Updated:
Updated:
February 16, 2021 12:12 IST
While coal-based energy continues to be the primary source of Tamil Nadu’s electricity requirements, the fragile state of finances of power generation units and the global push towards clean energy sources will eventually force a reckoning of sorts in the energy industry, say experts
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The Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) had a debt of ₹1,13,438 crore as of March 2019 and a net loss of ₹12,623 crore in the financial year 2019.
| Photo Credit:
B. Velankanni Raj
While coal-based energy continues to be the primary source of Tamil Nadu’s electricity requirements, the fragile state of finances of power generation units and the global push towards clean energy sources will eventually force a reckoning of sorts in the energy industry, say experts
Budget 2021: Power producers demand tax cuts on coal
A number of representations have been made to the Coal Ministry by a host of power producing companies as the government plans its annual budget.
Source: reuters
Power producing companies are mounting pressure on the Indian government to reduce what they claim are excessive taxes on coal, which is making electricity expensive for the end users.
A number of representations have been made to the Coal Ministry by a host of power producing companies as the government plans its annual budget, it is reliably learnt.
A top source within the Coal Ministry said representations have been made by companies to explain how various levies and charges almost doubles the fuel prices for the coal fired power projects that have to pass on this burden to the consumers through regulatory process.
BW Businessworld
Power Sector Limping Back To Normal; Ensuring 24X7 Power Supply, Discoms Fin Health Key Challenges
Power consumption on a year-on-year basis declined 8.7 per cent in March, 23.2 per cent in April, 14.9 per cent in May, 10.9 per cent in June, 3.7 per cent in July and 1.7 per cent in August.
Photo Credit : theenergyinfo.com
Limping back to normal after bearing the brunt of the pandemic this year, the power sector needs a slew of reforms, especially implementation of consumer rules to achieve the government s ambitious target of 24X7 electricity supply for all in 2021, and also steps to improve the financial health of discoms.
Power sector limping back to normal; ensuring 24X7 power supply
There has been a cascading effect of the pandemic on power demand and revenue collection of discoms, a scenario that has aggravated the stress on the already troubled gencos.
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| A+A A- By PTI
NEW DELHI: Limping back to normal after bearing the brunt of the pandemic this year, the power sector needs a slew of reforms, especially implementation of consumer rules to achieve the government s ambitious target of 24X7 electricity supply for all in 2021, and also steps to improve the financial health of discoms.
The most important task before the government will be to deal with the sickness of power distribution utilities (discoms), which are cash-strapped and unable to pay the electricity generation firms (gencos) for ensuring 24X7 power supply for all.
Power sector limping back to normal; ensuring 24X7 power supply, discoms financial health key challenges
The most important task before the government will be to deal with the sickness of power distribution utilities (discoms), which are cash-strapped and unable to pay the electricity generation firms (gencos) for ensuring 24X7 power supply for all. PTI
Source: Reuters
Limping back to normal after bearing the brunt of the pandemic this year, the power sector needs a slew of reforms, especially implementation of consumer rules to achieve the government s ambitious target of 24X7 electricity supply for all in 2021, and also steps to improve the financial health of discoms.