electricity companies
This query is : Resolved
Anchal Abhinandan
(Querist)
18 February 2010
BASICS OF electricity companies and accounting entries with nature of accounts like why it is credited and why it is debited
04 March 2010
Key players currently operating in the Indian power sector are National Thermal Power Corporation Limited, Nuclear Power Corporation of India Limited, North Eastern Electric Power Corporation Limited, Power Grid Corporation of India, Tata Power, etc.
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Majority of Generation, Transmission and Distribution capacities are with either public sector companies or with State Electricity Boards (SEBs)
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Private sector participation is increasing especially in Generation and Distribution
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Distribution licences for several cities are already with the private sector
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Three large ultra-mega power projects of 4000MW each have been recently awarded to the private sector on the basis of global tenders.
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Majority of Generation, Transmission and Distribution capacities are with either public sector companies or with State Electricity Boards (SEBs)
*
Private sector participation is increasing especially in Generation and Distribution
*
Distribution licences for several cities are already with the private sector
*
Three large ultra-mega power projects of 4000MW each have been recently awarded to the private sector on the basis of global tenders.
04 March 2010
POLICY
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100% FDI permitted in Generation, Transmission & Distribution - the Government is keen to draw private investment into the sector
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Policy framework: Electricity Act 2003 and National Electricity Policy 2005
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Incentives: Income tax holiday for a block of 10 years in the first 15 years of operation; waiver of capital goods' import duties on mega power projects (above 1,000 MW generation capacity)
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Independent Regulators: Central Electricity Regulatory Commission for central PSUs and inter-state issues. Each state has its own Electricity Regulatory Commission
*
100% FDI permitted in Generation, Transmission & Distribution - the Government is keen to draw private investment into the sector
*
Policy framework: Electricity Act 2003 and National Electricity Policy 2005
*
Incentives: Income tax holiday for a block of 10 years in the first 15 years of operation; waiver of capital goods' import duties on mega power projects (above 1,000 MW generation capacity)
*
Independent Regulators: Central Electricity Regulatory Commission for central PSUs and inter-state issues. Each state has its own Electricity Regulatory Commission
04 March 2010
Strategies To Achieve The Objectives:
Power Generation Strategy with focus on low cost generation, optimization of capacity utilization, controlling the input cost, optimisation of fuel mix, Technology upgradation and utilization of Non Conventional energy sources
Transmission Strategy with focus on development of National Grid including Interstate connections, Technology upgradation & optimization of transmission cost.
Distribution strategy to achieve Distribution Reforms with focus on System upgradation, loss reduction, theft control, consumer service orientation, quality power supply commercialization, Decentralized distributed generation and supply for rural areas
Regulation Strategy aimed at protecting Consumer interests and making the sector commercially viable
Financing Strategy to generate resources for required growth of the power sectorConservation Strategy to optimise the utilization of .electricity with focus on Demand Side management, Load management and Technology upgradation to provide energy efficient equipment / gadgets.
Communication Strategy for political consensus with media support to enhance the genera; public awareness.
Power Generation Strategy with focus on low cost generation, optimization of capacity utilization, controlling the input cost, optimisation of fuel mix, Technology upgradation and utilization of Non Conventional energy sources
Transmission Strategy with focus on development of National Grid including Interstate connections, Technology upgradation & optimization of transmission cost.
Distribution strategy to achieve Distribution Reforms with focus on System upgradation, loss reduction, theft control, consumer service orientation, quality power supply commercialization, Decentralized distributed generation and supply for rural areas
Regulation Strategy aimed at protecting Consumer interests and making the sector commercially viable
Financing Strategy to generate resources for required growth of the power sectorConservation Strategy to optimise the utilization of .electricity with focus on Demand Side management, Load management and Technology upgradation to provide energy efficient equipment / gadgets.
Communication Strategy for political consensus with media support to enhance the genera; public awareness.
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