Govt extends deadline for Rs 3.03 lakh cr schemes by December 31
POWER & RENEWABLE ENERGY

Govt extends deadline for Rs 3.03 lakh cr schemes by December 31

The government has extended the deadline to state power distribution companies (discom) for submitting proposals for revamped electricity distribution schemes worth Rs 3.03 lakh crore by December 31.

State power distribution companies (discoms) apply to participate in the scheme by October 31, as per the guidelines issued last week.

Minister of Power R K Singh told the media that the detailed project reports (DPRs) submission deadline would be December 31, 2021, and no submission will be accepted, beyond that deadline.

In discussion with the ministry of power Rural Electrification Corporation (REC) and Power Finance Corp (PFC), discoms need to formulate the action plans and DPRs. As part of the action plans, the distribution utilities will show specific activities and reforms needed to enhance their performance.

By 2024-25 the scheme targets the Aggregate Technical and Commercial Losses (AT&C Losses) at the all India level to 12-15% down and bringing down Average Cost of Supply (ACS) and Average Revenue Realised (ARR) gap to zero, Singh said.

He said the scheme envisions the utilisation of Artificial Intelligence (AI) and Information Technology (IT) for system-generated energy accounting to facilitate energy audit and modernisation of distribution infrastructure for loss reduction and enhancement of power supply quality and reliability.

As many as 3,875 Supervisory Control And Data Acquisition (SCADA) systems to be set up, in smaller towns, and 100 distribution management systems to be set up, in the bigger towns and cities under the scheme.

Discoms would be able to take up works associated with aerial bunch cabling, underground cabling, and high voltage distribution systems installation. The scheme also provides for the separation of agricultural feeders and the separation and solarisation of agricultural feeders.

Image Source


Also read: Govt issues detailed guidelines to revamp discoms

Also read: Ministry of Power announces ninth yearly ratings for state discoms

The government has extended the deadline to state power distribution companies (discom) for submitting proposals for revamped electricity distribution schemes worth Rs 3.03 lakh crore by December 31. State power distribution companies (discoms) apply to participate in the scheme by October 31, as per the guidelines issued last week. Minister of Power R K Singh told the media that the detailed project reports (DPRs) submission deadline would be December 31, 2021, and no submission will be accepted, beyond that deadline. In discussion with the ministry of power Rural Electrification Corporation (REC) and Power Finance Corp (PFC), discoms need to formulate the action plans and DPRs. As part of the action plans, the distribution utilities will show specific activities and reforms needed to enhance their performance. By 2024-25 the scheme targets the Aggregate Technical and Commercial Losses (AT&C Losses) at the all India level to 12-15% down and bringing down Average Cost of Supply (ACS) and Average Revenue Realised (ARR) gap to zero, Singh said. He said the scheme envisions the utilisation of Artificial Intelligence (AI) and Information Technology (IT) for system-generated energy accounting to facilitate energy audit and modernisation of distribution infrastructure for loss reduction and enhancement of power supply quality and reliability. As many as 3,875 Supervisory Control And Data Acquisition (SCADA) systems to be set up, in smaller towns, and 100 distribution management systems to be set up, in the bigger towns and cities under the scheme. Discoms would be able to take up works associated with aerial bunch cabling, underground cabling, and high voltage distribution systems installation. The scheme also provides for the separation of agricultural feeders and the separation and solarisation of agricultural feeders. Image Source Also read: Govt issues detailed guidelines to revamp discoms Also read: Ministry of Power announces ninth yearly ratings for state discoms

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement