{"id":279755,"date":"2019-06-29T05:12:40","date_gmt":"2019-06-29T05:12:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279755"},"modified":"2019-06-29T05:12:40","modified_gmt":"2019-06-29T05:12:40","slug":"open-guarantees-for-power-purchase-or-face-power-cuts-power-ministrys-new-order-to-discoms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/open-guarantees-for-power-purchase-or-face-power-cuts-power-ministrys-new-order-to-discoms\/","title":{"rendered":"Open guarantees for power purchase or face power cuts: Power Ministry&#8217;s new order to discoms"},"content":{"rendered":"<p>The Centre issued a first of its kind order on Friday to tame defaulting power distribution companies by asking them to maintain assured payment guarantees with banks for electricity purchases. Experts said the move is a bold measure by the central government and can address almost four-decade old issue of discoms indiscipline. However, there will be strong resistance from states like Uttar Pradesh, Tamil Nadu and Rajasthan and the Centre will have to withstand the pressures arising out of power supply disruptions, they said. <\/p>\n<p>In case, the discoms are not able to open or maintain the line of credit in favor of a power plant, the regional load despatch centres will not despatch that much power to the state, the generators will still get fixed costs and the discoms will not even be able to buy from short term markets. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centre issued a first of its kind order on Friday to tame defaulting power distribution companies by asking them to maintain assured payment guarantees with banks for electricity purchases. Experts said the move is a bold measure by the central government and can address almost four-decade old issue of discoms indiscipline. However, there will be strong resistance from states like Uttar Pradesh, Tamil Nadu and Rajasthan and the Centre will have to withstand the pressures arising out of power supply disruptions, they said. In case, the discoms are not able to open or maintain the line of credit in [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-279755","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=279755"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279755\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}