Letter written to Principal Accountant for audit of discom regulatory assets: TNERC

Letter written to Principal Accountant for audit of discom regulatory assets: TNERC

Tamil Nadu Electricity Regulatory Commission (TNERC) said a letter has been written to Principal Accountant General Chennai for nomination of an audit party to carry out intensive audit of the circumstances which lead to power distribution companies continuing without recovery of regulatory assets.  The costs incurred by power distribution companies, which are not recovered in a … Read more

Discom health improving gradually; NTPC, Power Grid, PFC top picks: Nikhil Nigania

Discom health improving gradually; NTPC, Power Grid, PFC top picks: Nikhil Nigania

“This year weather has been less warm compared to last year which is pulling down this demand on top of the high base of last year. So, near-term, yes, it could be low, but medium to long-term 1x real GDP which is 6% to 7% that is what we think should hold on power demand,” … Read more

16-hour outage in Allahabad as discom staff strike hits UP power supply

16-hour outage in Allahabad as discom staff strike hits UP power supply

The strike by the employees of the Purvanchal Vidyut Vitran Nigam Limited against proposed privatisation continued for a second day on Tuesday, affecting power supply in several regions of Uttar Pradesh. Major city Allahabad saw power outage for over 16 hours. Electricity board employees sit on a dharna in Prayagraj. (Photo: PTI) The employees including … Read more