Tag: Gridco

The State Energy department also requested the OERC to take into account the surplus revenue of the distribution companies (discoms) in the State during the current year.

Gridco, a state designated agency authorised to procure power from generating companies and supply to the Discoms, had filed petition with OERC alleging violation of licence conditions, shareholder agreements, Electricity Act by RIL.

Bhubaneswar: From Balasore to Bolangir and Koraput to Kendrapara, unscheduled power cuts have made people’s lives miserable across the State. However, authorities of Gridco, the State-run power trading firm, have ruled out the power outages allegations. Though the recent shower triggered by formation of a cyclonic circulation has brought the temperature down to some level, […]

Bhubaneswar: The Odisha government today effected a minor reshuffle in the senior IAS cadre and appointed Rajesh Verma as Principal Secretary to Chief Minister. “I will work hard to give best services to the people,” Sharma told the media. An Odisha cadre IAS officer of 1987 batch, Verma replaced UN Behera who took oath as […]

Bhubaneswar: Retired IAS officer UN Behera was administered oath of office and secrecy as the new chairman of Odisha Electricity Regulatory Commission (OERC) by Governor SC Jamir at the Raj Bhawan here today. Agriculture Production Commissioner Gagan Kumar Dhal, Principal Secretary Home Asit Tripathy, Principal Secretary, Energy, Rajesh Verma, Principal Secretary, Higher Education, GVV Sarma, […]

Bhubaneswar: The Odisha government today set a target of bringing down the Transmission & Distribution (T&D) losses of four distribution companies (discoms) to 30%. In a meeting chaired by the Chief Secretary a decision was taken to limit the T&D losses of Cesu, Wesco, Nesco and Southco at 30% by next year from the current […]

Bhubaneswar: With the mercury level rising by the day, lack of coordination between Gridco and distribution company (discom) Central Electricity Supply Utility (CESU) resulted in long power cuts today making life miserable in much of coastal Odisha. The Gridco had issued an order to CESU for power cut in a ‘phased manner’, but CESU apparently […]

Bhubaneswar: The Odisha government today virtually ruled out possibility of load-shedding during the ensuing summer as most of the hydel project reservoirs have enough water due to a normal monsoon. This was stated by Energy Minister Pranab Prakash Das in the Assembly while replying to a written question. “As per the data received from the […]

Bhubaneswar: The Odisha Electricity Regulatory Commission (OERC) today started hearing the issue of electricity tariff revision for 2017-18. Headed by Chairperson U N Behera, OERC on the first day heard the proposals of the Odisha Hydropower Corporation (OHPC) and Odisha Power Generation Corporation (OPGC). OHPC, a state-run undertaking, has submitted the annual revenue requirement (ARR) […]

Bhubaneswar: The State-run power trading firm Gridco (Grid Corporation of Odisha Limited) has requested the Odisha Electricity Regulatory Commission (OERC) to reconsider its decision on hike in the power rates creating an apprehension that the electricity tariff may increase in the State this year. Citing revenue loss, the Gridco appealed before the OERC on August […]

Bhubaneswar: After a gap of two years, power tariffs in Odisha are likely to be hiked. Such indications were received during Odisha Electricity Regulatory Commission’s (OERC) hearing on the pleas of power companies on power tariff revision. On the first day of the hearing today, Odisha Hydropower Corporation (OHPC) presented its application for determination of […]

Bhubaneswar: Adani Power Limited (APL) on Tuesday said it has signed a definitive agreement to acquire 49 per cent stake in Odisha Power Generation Corporation (OPGC) from the affiliates of the AES Corporation (AES), the US-based global energy company. The Government of Odisha holds the balance 51 per cent stake in OPGC. Odisha Power Generation […]

Bhubaneswar: The coronavirus pandemic has not only affected the lives of people, but also the power sector in Odisha. Because of the lockdown, the power demand declined 14 per cent during March-June, compared with the year-ago period, an official said here on Tuesday. The captive generation and consumption also came down 25 per cent in […]

Bhubaneswar: The State Cabinet on Thursday approved Supplementary Budget of a whopping Rs 11,200 crore which will be tabled on the first day of the upcoming Winter Session of the Odisha Assembly. The Cabinet meeting, which gave its nod to as many as 18 proposals, was chaired by Chief Minister Naveen Patnaik. Loan To GRIDCO […]

Bhubaneswar: The power play in Odisha is in a piquant position. The question nagging every mind is what will happen to the State if the lone bulk power supply utility…