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Tamil Nadu power utility seeks approval to purchase solar power from farmers Tamil Nadu generation and distribution company (Tangedco) has sought approval from the Tamil Nadu Electricity Regulatory Commission to purchase 420 MW of solar energy from farmers. The solar power will be purchased under the Prime Minister's Kisan Urga Suraksha Evam Utthan Mahabhiyan (KUSUM) scheme which is intended to double the income of the farmers. Tangedco, according to officials, will buy solar power from farmers at a cost of Rs 3.30 per unit. A senior officer of the Tangedco ...
Tamil Nadu power utility seeks approval to purchase solar power from farmers
Tamil Nadu power utility seeks approval to purchase solar power from farmers
Source: IANS
31/01/2023 10:54:34 AM
Indian power regulator retains price cap at electricity exchanges India's power regulator on Wednesday retained a price cap of 12 rupees ($0.1450) per unit on electricity traded on its spot power exchanges ahead of expected record energy demand in the coming summer months. The Central Electricity Regulatory Commission (CERC) issued the order on Wednesday for extended retention of the ceiling "until further orders", citing consumer interests. The move could effectively keep costlier imported coal and gas-based power generation out of the spo...
Indian power regulator retains price cap at electricity exchanges
Indian power regulator retains price cap at electricity exchanges
Source: Reuters
29/12/2022 9:07:20 AM
PTC India jumps on inking pact with Bhutan's Druk Green Power Corporation to supply 600 MW power PTC India is currently trading at Rs. 81.20, up by 1.65 points or 2.07% from its previous closing of Rs. 79.55 on the BSE. The scrip opened at Rs. 79.30 and has touched a high and low of Rs. 82.50 and Rs. 79.00 respectively. So far 70985 shares were traded on the counter. The BSE group 'Z' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.75 on 18-Jan-2022 and a 52 week low of Rs. 67.75 on 21-Oct-2022. Last one week high and low of the scrip stood at Rs. 87.50 ...
PTC India jumps on inking pact with Bhutan's Druk Green Power Corporation to supply 600 MW power
PTC India jumps on inking pact with Bhutan's Druk Green Power Corporation to supply 600 MW power
Source: Accord Fintech
21/12/2022 12:48:31 PM
Rising demand: CERC orders power exchanges to cap bid prices at Rs 12 per kWh The Central Electricity Regulatory Commission (CERC) has asked the power exchanges to cap the bid price range to Rs 12 per kWh for the 'Day Ahead Market' (DAM) and 'Real Time Market' (RTM) segments. The CERC has directed the power exchanges to re-design the bidding software to allow bids in the price range of Rs 0-12 per kWh. As per the Commission, power exchanges have designed the bidding software in such a way that members can submit their bids in the price range of Rs...
Rising demand: CERC orders power exchanges to cap bid prices at Rs 12 per kWh
Rising demand: CERC orders power exchanges to cap bid prices at Rs 12 per kWh
Source: IANS
3/04/2022 9:20:00 AM
PTC India rises on bagging contracts worth Rs 10 crore under consulting services PTC India is currently trading at Rs. 95.00, up by 1.35 points or 1.44% from its previous closing of Rs. 93.65 on the BSE. The scrip opened at Rs. 93.90 and has touched a high and low of Rs. 95.95 and Rs. 93.90 respectively. So far 7664 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.45 on 19-Oct-2021 and a 52 week low of Rs. 62.50 on 09-Feb-2021. Last one week high and low of the scrip stood at Rs. 97.25 a...
PTC India rises on bagging contracts worth Rs 10 crore under consulting services
PTC India rises on bagging contracts worth Rs 10 crore under consulting services
Source: Accord Fintech
9/02/2022 10:20:49 AM
PTC India inches up on bagging tender worth Rs 9 crore PTC India is currently trading at Rs. 109.90, up by 0.05 points or 0.05% from its previous closing of Rs. 109.85 on the BSE. The scrip opened at Rs. 109.50 and has touched a high and low of Rs. 110.40 and Rs. 109.40 respectively. So far 45182 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.45 on 19-Oct-2021 and a 52 week low of Rs. 57.30 on 21-Jan-2021. Last one week high and low of the scrip stood at Rs. 1...
PTC India inches up on bagging tender worth Rs 9 crore
PTC India inches up on bagging tender worth Rs 9 crore
Source: Accord Fintech
11/01/2022 11:07:20 AM
Second unit of NTPC plant in Odisha to start operations from September 1 The National Thermal Power Corporation (NTPC) will start commercial operations of its second unit of Darlipali Super Thermal Power Station in Odisha's Sundargarh district from September 1, officials said on Tuesday. The first unit of the plant was commissioned on March 1, 2020. "The second unit of the power plant with 800MW capacity that completed its trial operation on July 21 will start commercial generation from September 1, 2021," said NTPC regional executive director ...
Second unit of NTPC plant in Odisha to start operations from September 1
Second unit of NTPC plant in Odisha to start operations from September 1
Source: IANS
1/09/2021 10:24:45 AM
Discoms permitted to relinquish entire allocated power from 25-yr-old projects In a major relief for power distribution companies, the government has now given them the freedom to terminate or continue drawing power from a project that has completed 25 years of operations. In a letter to the state governments and the heads of central generating stations (CGS), the Ministry of Power said that as per the guidelines of power purchase agreements (PPAs), discoms are eligible to terminate the entire allocated power from a power project that has completed 25 years of operat...
Discoms permitted to relinquish entire allocated power from 25-yr-old projects
Discoms permitted to relinquish entire allocated power from 25-yr-old projects
Source: IANS
7/07/2021 9:38:42 AM
Discoms can terminate power purchase agreements after 25 years  In a major relief for power distribution companies, the Central Electricity Regulatory Commission (CERC) has said that discoms are eligible to terminate power purchase agreements (PPA) after 25 years of operations. In a case pertaining to BSES Yamuna Power Ltd, the power regulator has ordered the BSES discom to exit the PPA with NTPC's Dadri-I power generating station. "We are of the view that in terms of the PPA and the SPPA and the fact that Dadri-I generating station h...
Discoms can terminate power purchase agreements after 25 years
Discoms can terminate power purchase agreements after 25 years
Source: IANS
3/07/2021 9:12:17 AM
Overseas participants on Indian power exchanges to rise soon Indian power exchanges may soon host a larger number of buyers and sellers from neighbouring countries with the operationalisation of cross-border sale and purchase of electricity for which regulations have already been issued by the Central Electricity Regulatory Commission (CERC) and Central Electricity Authority (CEA) has notified the procedures. At present, the country's largest power exchange Indian Energy Exchange (IEX) has begun trading of electricity hosting participants from N...
Overseas participants on Indian power exchanges to rise soon
Overseas participants on Indian power exchanges to rise soon
Source: IANS
21/06/2021 1:58:10 PM