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DisCos' revenue dip as foreign companies fail to pay $16.11m power debt in Q1 - Vimarsana News

DisCos' revenue dip as foreign companies fail to pay $16.11m power debt in Q1

The inability of the 11 Distribution Companies (DisCo) to collect money for services rendered to consumers in their network areas led to the reduction of revenue collected by the companies in the first quarter of 2023. In a report published by the Nigerian Electricity Regulatory Commission (NERC), it stated that the total revenue collected by…

Centre puts in place additional measures to improve financial health of discoms - Vimarsana News

Centre puts in place additional measures to improve financial health of discoms

Improper and non-transparent accounting, as well as non-payment or delayed payment of subsidy, is one of the reasons for the financial distress of discoms, the power ministry said.

Expert calls for suspension of planned electricity tariff increment - Vimarsana News

Expert calls for suspension of planned electricity tariff increment

An electricity expert, Adetayo Adegbenle, has advised Distribution Companies, Discos, to meet up to 70 per cent metering gap within their network before

States participate in meeting for power sector reforms in India - New Delhi Times - India Only International Newspaper - Vimarsana News

States participate in meeting for power sector reforms in India - New Delhi Times - India Only International Newspaper

The Review Planning & Monitoring meeting with States and State Power Utilities was held on July 10th and 11th, 2023, in New Delhi, under the chairmanship of Union Minister of Power and New & Renewable Energy, Shri R. K. Singh. He highlighted the significant advancements made in the country's power sector over the past 7-8…

Smart Meters Put An End To Power Theft, Govt Says - Vimarsana News

Smart Meters Put An End To Power Theft, Govt Says

SRINAGAR: The government announced on Wednesday that the installation of smart meters has successfully assisted in reducing Aggregate Technical & Commercial (AT&C) losses in Jammu and Kashmir.