Tag Archives: union power ministry

TN’s power utility rated worst among 4 southern states – And thats saying something. Raising debt for the 690 MW allocated will be a tough job for developers.

Tamil Nadu has the worst performing power utility among the four southern states. The Tamil Nadu Generation and Distribution Company (Tangedco) has been rated below average in both operations and financial performance among various power utilities in the country as … Continue reading

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Loss-making discoms a drag on states’ finances, says RBI: Power Ministry has to act now

    The RBI on 10th Jan 2013 said loss-making power distribution companies continue to impact financials of states and cautioned against their restructured debt liabilities turning into non-performing assets for the state governments. Pitching for periodic tariff revisions, the central bank … Continue reading

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Govt clears bailout for state electricity distribution firms: Another hasty quickfix promoting inefficiency, not a long term solution

The Indian government on Monday approved an ambitious plan to bail out beleaguered state electricity distribution companies, or discoms, through a restructuring of their short-term loans. The electricity distribution firms owned by the state governments are finding it difficult to … Continue reading

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