Discover and read the best of Twitter Threads about #Discoms

Most recents (6)

Received a call from Mr @HardeepSPuri, Hon Min of State for Commerce and Industry, GOI today afternoon. Had a long discussion with him on the steps to Revive the Economy and submitted my inputs for his consideration. (1/n)
Following were my inputs:
1. All announcements made as part of #AtmaNirbharBharat Package were about liquidity infusion & making cash available through Financial Institutions. The focus on demand side is lacking. Govt has to put money in people's hands. (2/n)
2. Govt can categorize sectors into 'minor affected', 'medium affected' & 'severely affected'. Help can be extend to a particular sector either in the form of financial or taxation or others forms based on the category under which a sector falls. (3/n)
Read 18 tweets
Reforms are coming to India's power sector. #DISCOMs in union territories are proposed to be privatized. What has India learnt from privatizing #electricity #distribution #utilities in the past?

Some food for thought >

1/n

#ElectricityTwitter #EnergyTwitter #privatization
Private/PPP DISCOMs operate in a few cities of India—most notably in #Delhi (Tata Power Delhi Distribution, #BSES Rajdhani & Yamuna), although among others, #Kolkata (CESC) and #Mumbai also receive power from privatized #DISCOMs.

What benefits accrue from #privatization?

2/n
Improvements in performance are best outcomes of #DISCOMs' #privatization—AT&C losses have fallen from 50+% in 2002 to ~8% in '19 for Delhi's DISCOMs, and CESC incurs 9.8% as against the 14.3% allowable in Kolkata.

3/n
Read 8 tweets
#Thread
CEEW unpacks #FM Nirmala Sitaraman's announcements on the booster measures to cope with & recover from #Covid19 induced shocks & to build a #SelfReliantIndia. We focus on Power sector, MSMEs, & NBFCs.
indianexpress.com/article/busine…
#AatmanirbharBharat 1/n
"Over 1/2 of the INR 5.8L CR stimulus announced today focused on our #MSME sector. 40% of India’s 450 mn informal workers are employed with MSMEs. The recovery of this sector is central to our economic resurgence & the workers' well-being," @GhoshArunabha #AatmanirbharBharat 2/n
"The #MSME sector is also the backbone of India’s #energy transition, and a key source of industrial emissions," @GhoshArunabha.
#AatmanirbharBharat #EconomicPackage #SelfReliantIndia
@someshjha7 @Firstday75 3/n
Read 10 tweets
#AatmaNirbharBharatAbhiyan
Based on 👇

Land,Labour,Liquidity&Laws that are not isolationist but inclusive

Ease of Doing Business

DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
GST,IBC&PSU Bank Recapitalisation in last 6 yrs,have been big reforms

52606Cr given via #DBT to 41Cr #JanDhan holders

Free wheat&rice to 69Cr ration card holders

18000Cr tax refunds given

Free cylinders to 8Cr #Ujjwala holders

#20lakhcrores #COVIDー19
#atmanirbharbharat
Project DevelopmentCells,working for Promotion of Champion Sectors,in States

#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy

3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
Read 20 tweets
Offtake risk has become a blanket term that scares investors away from #power sector projects in India. We break it down to understand why that is? 1/n
Offtake risk is the risk posed by the off-taker (also called credit risk, counterparty risk or risk on receivables). In India, the counterparty is almost always a discom or a central government offtaker (SECI/NTPC) buying on behalf of the discoms. 2/n
The power purchase agreement (PPA) is the contract between the power generator and the purchaser (discom/SECI/etc) For RE the PPA mandates that all power generated must be purchased/paid for as per the must run clause. Exceptions are allowed only if there is technical trouble 3/n
Read 13 tweets
1/n A little thread on the impact of #9baje9minute on the Indian #Electricity #grid @PosocoIndia @MinOfPower

From @PosocoIndia o data #India's #power #demand at 19:00 hours in the last three #Sundays:

29 March: 110632 Gigawatts (GW)
22 March: 125000 GW
15 March: 144258 GW
2/n #Power #demand at 19:00 hours on similar Sundays last year:
31 March 2019: 149361
07 April 2019: 150735

#lockdown has reduced demand by 35-40 GW primarily as a result of the partial closure of industries and commercial establishments
3/n In 2019, #residential #demand was about 25% of total demand but it likely to be 33% of the total demand today. So, a sudden change in #residential #demand is likely to have a bigger impact.
Read 16 tweets

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