At such an hour of crisis, when the nation is currently under a 21-day lockdown period, the power sector is working 24*7 to ensure that homes and other establishments are properly electrified.
At such an hour of crisis, when the nation is currently under a 21-day lockdown period, the power sector is working 24*7 to ensure that homes and other establishments are properly electrified.
"Around 70% of power generation is from coal-based power plants. In order to maintain the continuity of supply of coal by domestic coal companies and transportation by railways, the ministry is in touch with the Ministries of Railways and Coal," the press release stated.
However, the power sector is badly hit due to the lockdown, as consumers aren't able to pay their dues to the Distribution Companies (Discoms), and therefore the Distribution Companies can't pay the generating and transmission This has affected the liquidity position of the Discoms.
In view of this difficulty, R.K.Singh, the Union Minister of Power has proposed certain relief measures for the power sector:
- CPSU Generation / Transmission Companies will continue supply/ transmission of electricity even to Discoms which have large outstanding dues to the Generation / Transmission companies.
- During the present emergency, there will be no curtailment of supply to any DISCOM.
- Till June 30 2020, the payment security mechanism to be maintained by the Distribution Companies with the Generating Companies for dispatch of power shall be reduced by fifty percent.
- Directions have been issued to the Central Electricity Regulatory Commission to provide a moratorium of three months to Discoms to make payments to generating companies and transmission.
- licensees and not to levy penal rates of late payment surcharge. State Governments are being requested to issue similar directions to State Electricity Regulatory Commissions.
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