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`Sufficient coal stock available to meet demand of power plants during monsoon` Power Minister RK Singh will hold a meeting on August 22 to review the availability of coal for thermal power plants, especially in view of the ongoing monsoon season, even as coal ministry has said that 77 million tonnes of dry fuel is currently available, which is more than sufficient to meet the requirement of power sector, highly placed sources said.  The meeting comes just days after Coal and Mines Minister Pralhad Joshi had last week reviewed the availability of coal, where it w...
`Sufficient coal stock available to meet demand of power plants during monsoon`
`Sufficient coal stock available to meet demand of power plants during monsoon`
Source: IANS
22/08/2023 9:19:59 AM
Total outstanding dues of states towards gencos reduced to Rs 61,025 crore: RK Singh Union Minister for Power, New and Renewable Energy RK Singh has said that the total outstanding dues of states towards power generating companies (gencos) on PRAAPTI Portal, which were at Rs 1,20,540 crore as on June 3, 2022, have been reduced to Rs 61,025 crore as on July 24, 2023 with the timely payment of 12 equated monthly instalments (EMIs).  Singh stated that there has been significant improvement in the realisation of dues of power generating companies post implementation of El...
Total outstanding dues of states towards gencos reduced to Rs 61,025 crore: RK Singh
Total outstanding dues of states towards gencos reduced to Rs 61,025 crore: RK Singh
Source: Accord Fintech
28/07/2023 12:15:56 PM
India to cut daytime power tariffs, raise fees for night use  India will cut tariffs for daytime power use but charge a premium when electricity demand peaks during the night, in a bid to manage surging demand and boost the use of renewable energy. The new policy, outlined by the federal power ministry on Friday, will come into effect from April 2024 for commercial and industrial consumers and a year later for most other consumers except those in the agricultural sector. It is aimed at encouraging price-sensitive consumers to run their air-c...
India to cut daytime power tariffs, raise fees for night use
India to cut daytime power tariffs, raise fees for night use
Source: Reuters
23/06/2023 6:05:25 PM
First Energy Transitions Working Group Meeting to begin Today The first G20 Energy Transitions Working Group (ETWG) Meeting under India's Presidency will begin on Sunday. The first G20 ETWG Meeting under India's Presidency being held in Bengaluru will have over 150 participants including G20 member countries, nine special invitee guest countries -- Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, UAE and Spain. India's G20 Presidency will share, collaborate, and build on the sense of trusteeship amongst the member c...
First Energy Transitions Working Group Meeting to begin Today
First Energy Transitions Working Group Meeting to begin Today
Source: IANS
5/02/2023 9:22:05 AM
India to bolster carbon trading market with stabilisation fund India is planning a stabilisation fund to keep prices of credits in its planned carbon market above a certain threshold, ensuring that they remain attractive for investors and that the market succeeds in cutting emissions, two government sources said. Money in the fund would be used by a market regulator to buy carbon credits if prices fell too low, one of the officials said. Consistent investor interest in credits and a floor under the price would be needed because sharp falls in the m...
India to bolster carbon trading market with stabilisation fund
India to bolster carbon trading market with stabilisation fund
Source: Reuters
21/12/2022 5:25:05 PM
Parliamentary panel studying electricity amendment bill, seeks comments within 15 days The Parliamentary Standing Committee on Energy on Friday sought stakeholders' comments on the Electricity Amendment Bill, 2022, which it is currently scrutinising, within the next 15 days. The panel, which is headed by BJP MP Jagdambika Pal, had held its first meeting to discuss the bill on December 1. The bill had been referred to the panel by Lok Sabha Speaker Om Birla on November 21. The committee has been given three months to finalise a report on the bill. The bill has re...
Parliamentary panel studying electricity amendment bill, seeks comments within 15 days
Parliamentary panel studying electricity amendment bill, seeks comments within 15 days
Source: IANS
10/12/2022 9:41:55 AM
Power deficit falls to 0.1% in October 2022: R K Singh Power Minister R K Singh has said that power deficit or gap between electricity required and supplied has fallen from 2 per cent to 0.1 per cent between April and October, 2022, primarily on account of various steps taken by the government. The data showed that the deficit was 2,752 million units (units) in April this year which came down to 124 MU in October, 2022. The power deficit was 609 MU (0.4 per cent) in May, 796 MU (0.6 per cent) in June, 434 MU (0.3 per cent) in July, 465 MU (0.4 pe...
Power deficit falls to 0.1% in October 2022: R K Singh
Power deficit falls to 0.1% in October 2022: R K Singh
Source: Accord Fintech
9/12/2022 11:12:09 AM
Electricity amendment bill unlikely to be tabled in Winter Session The controversial Electricity Amendment Bill, 2022 is unlikely to be tabled in the forthcoming Winter Session of the Parliament, which is scheduled to begin from December 7. The reason being is that more than three months after the proposed legislation was referred to the Parliamentary Standing Committee on Energy, the panel would be holding its first meeting to discuss the legislation on December 1 -- just six days before the commencement of the Winter session. BJP MP Jagdambika Pal heads...
Electricity amendment bill unlikely to be tabled in Winter Session
Electricity amendment bill unlikely to be tabled in Winter Session
Source: IANS
28/11/2022 10:01:43 AM
Centre to approve Rs 32K cr investment for 2,880 MW power project in Arunachal Pradesh Union Power Minister R.K. Singh on Tuesday assured Arunachal Pradesh Deputy Chief Minister Chowna Mein that the Union government would soon approve an investment of Rs 32,000 crore for the 2,880 MW generation capacity Dibang hydroelectric project in the state, officials said. An official of Arunachal Pradesh Power Department quoting the Deputy Chief Minister said that the latter during his meeting with the Union Power Minister in New Delhi discussed ways going forward to harnessing the ric...
Centre to approve Rs 32K cr investment for 2,880 MW power project in Arunachal Pradesh
Centre to approve Rs 32K cr investment for 2,880 MW power project in Arunachal Pradesh
Source: IANS
23/11/2022 10:40:30 AM
Respect for human rights inherent in Indian way of life: Minister Union Minister for Power, New and Renewable Energy R.K. Singh on Thursday said that respecting human rights has been inherent in the Indian way of life since time immemorial, and much before these were defined by the West. Singh said this while addressing the inaugural session of the two-day 'National Conference on Human Rights in Indian Culture and Philosophy', organised jointly by the National Human Rights Commission and Indira Gandhi National Centre for Arts, on Thursday. Sin...
Respect for human rights inherent in Indian way of life: Minister
Respect for human rights inherent in Indian way of life: Minister
Source: IANS
1/07/2022 2:58:36 PM
Government to invite bids for power from 8,000 MW thermal capacities without PPAs: RK Singh Power Minister RK Singh has said that the government would invite bids from states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without power purchase agreements (PPAs). Sharing the government's plan to resolve the issue, he said that states have been asked to send their electricity requirement, and accordingly bids will be invited. He stated ‘We will aggregate (their demand) and call on for bids and based on the bids, whoever puts in the lowest bids,...
Government to invite bids for power from 8,000 MW thermal capacities without PPAs: RK Singh
Government to invite bids for power from 8,000 MW thermal capacities without PPAs: RK Singh
Source: Accord Fintech
27/06/2022 10:21:49 AM
'Sufficient fuel...': Power Ministry rules out any energy crisis in Delhi Delhi will not face any energy crisis as sufficient fuel is being provided to power plants supplying the national capital, Union Power Minister R.K. Singh said on Sunday after reviewing coal stock position in all thermal power plants including those supplying power to Delhi distribution companies. The Central assurance came a day after Delhi Power Minister Satyendra Jain had said that if the coal supply didn't improve, there will be a blackout in Delhi in two days. On October 9, the...
'Sufficient fuel...': Power Ministry rules out any energy crisis in Delhi
'Sufficient fuel...': Power Ministry rules out any energy crisis in Delhi
Source: IANS
10/10/2021 5:12:48 PM
UDAY not a failure, new scheme likely in Union Budget, says RK Singh Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel https://t.me/InvestmentGuruIndia  Download Telegram App before Joining the Channel NEW DELHI : Asserting that the UDAY scheme was not a failure power minister R.K. Singh on Monday said an improved version of the programme, meant for revival for discoms, may be announced in the Union Budget later this week. "We have discussed the ...
UDAY not a failure, new scheme likely in Union Budget, says RK Singh
UDAY not a failure, new scheme likely in Union Budget, says RK Singh
Source: Live Mint
27/01/2020 4:37:02 PM