Powered by: Motilal Oswal

News

India`s power consumption rose 16% to 151 billion units in August India's power consumption went up by over 16 per cent to 151.66 billion units (BU) in August this year, against the corresponding period of last year. The spike in power consumption was mainly due to excess usage of appliances like air conditioners and coolers owing to extreme sultry weather conditions. In August 2022, power consumption was 130.39 billion units (BU), higher than 127.88 BU in August 2021, according to government data. The peak power demand rose to 236.59 GW in Aug...
India`s power consumption rose 16% to 151 billion units in August
India`s power consumption rose 16% to 151 billion units in August
Source: IANS
5/09/2023 9:28:50 AM
Power consumption grows by 8.4% to 139 BU in July 2023 The government data has showed that the country's power consumption grew by 8.4 per cent to 139 billion units (BU) in July 2023 as compared to the same month last year. In the year-ago period, power consumption stood at 128.25 BU, higher than 123.72 BU in July 2021. It also stated that the peak power demand met, which is the highest supply in a day, rose to 208.82 GW in July 2023. The peak power supply stood at 190.35 GW in July 2022 and 200.53 GW in July 2021.  The power minis...
Power consumption grows by 8.4% to 139 BU in July 2023
Power consumption grows by 8.4% to 139 BU in July 2023
Source: Accord Fintech
2/08/2023 12:45:21 PM
India may recover 'excess revenue' earned by power firms - sources India is weighing a plan to recover "excess revenue" earned by power plants in spot markets to provide funds to run gas-fired stations during crises, two government sources said. Under the early-stage proposals, a uniform price cap on spot power trades would be replaced with new limits for each source of power generation. Once prices are discovered in markets based on demand and supply bids, any funds generated from electricity sold above those limits would be considered exces...
India may recover 'excess revenue' earned by power firms - sources
India may recover 'excess revenue' earned by power firms - sources
Source: Reuters
30/06/2023 7:30:16 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
Amid peaking demand, coal-based power plants told to run at full capacity till September 30 Amid rising demand for power owing to heat waves pervading several parts of north India, he Centre has asked all coal-based plants to run at full capacity till September 30. The government had invoked Section 11 of Electricity Act with effect from March 16 till June 15, to ensure adequate power supply during summer season. Now it has extended this provision till September 30. This was conveyed to all coal-based power plants by the Power Ministry through a letter on Monday. The ext...
Amid peaking demand, coal-based power plants told to run at full capacity till September 30
Amid peaking demand, coal-based power plants told to run at full capacity till September 30
Source: IANS
12/06/2023 6:41:11 PM
Power consumption rose 9.5% in 2022-23 to 1,503 billion units Power consumption in 2022-23 rose 9.5 per cent to 1,503.65 billion units (BU) on year-on-year basis, mainly due to growth in the economic activities, as per official data of the Central Electricity Authority (CEA). Power consumption was 1,374.02 BU in 2021-22. The peak power demand also rose to 207.23 GW in 2022-23, higher than 200.53 GW recorded in 2021-22. Power consumption and demand are expected to rise further in 2023-24, as according to the power ministry estimates, the peak po...
Power consumption rose 9.5% in 2022-23 to 1,503 billion units
Power consumption rose 9.5% in 2022-23 to 1,503 billion units
Source: IANS
16/04/2023 2:18:39 PM
Parl panel pulls up Power Ministry for `laggard approach` in smart meters installation A Parliamentary panel has pulled up the Power Ministry for poor implementation of the Revamped Distribution Sector Scheme (RDSS), under which 25 crore smart meters are to be installed by 2025-26. In its report tabled in Parliament on Tuesday, the Parliamentary Standing Committee on Energy noted that that so far only 70 lakh smart meters have been installed, and out of this, only 10 lakh are pre-paid meters. "Considering the present pace of installation of smart meters, the target o...
Parl panel pulls up Power Ministry for `laggard approach` in smart meters installation
Parl panel pulls up Power Ministry for `laggard approach` in smart meters installation
Source: IANS
22/03/2023 9:07:45 AM
Centre holds review meet to ensure smooth power supply during peak summer With peak summer season round the corner, the Union Ministry of Power held a high-level review meeting to ensure there is no load-shedding. Power Minister R.K. Singh, while presiding over the meeting, asked the power companies to ensure that there is adequate flow of supply. Singh asked all stakeholders to closely monitor the situation and take proactive actions to meet the electricity demand during the coming months. The minister directed the Central Electricity Authority (CEA) to e...
Centre holds review meet to ensure smooth power supply during peak summer
Centre holds review meet to ensure smooth power supply during peak summer
Source: IANS
9/03/2023 12:45:41 PM
Power Ministry urges states to fill up vacancies in regulatory commissions fast Concerned over several state electricity regulatory commissions (SERCs) functioning without Chairpersons and adequate strength of members, with posts lying vacant for long periods, the Union Power Ministry has asked state governments to fill up all vacancies in a time-bound manner. Power Secretary Alok Kumar recently wrote to all Chief Secretaries, pointing out that posts lying vacant in these commissions hamper their smooth functioning, and therefore has directed them to expedite filling ...
Power Ministry urges states to fill up vacancies in regulatory commissions fast
Power Ministry urges states to fill up vacancies in regulatory commissions fast
Source: IANS
27/02/2023 9:15:34 AM
Gencos told to import coal to ensure sufficient stock till monsoon Despite a spike in electricity demand between April 2022 and January 2023, the supplies of domestic coal have not been commensurate with the requirement, and therefore, the power ministry has asked Central as well as state generation companies (Gencos) to import coal through transparent and competitive procurement for blending, to ensure sufficient coal stocks at their plants for smooth operations till September 2023. According to official sources, the power ministry gave these directions ...
Gencos told to import coal to ensure sufficient stock till monsoon
Gencos told to import coal to ensure sufficient stock till monsoon
Source: IANS
18/02/2023 9:45:33 AM
India seeks investment by LIC, pension fund in green energy - sources  The Indian government is considering mandating the Life Insurance Corp of India (LIC) and sovereign pension fund to invest 1% of their assets under management in bonds issued by state-run power lending firms to finance green projects, two sources said. The federal power ministry has written to the finance ministry asking that the LIC and Employees' Provident Fund Organisation (EPFO) be mandated to invest in such bonds issued by Power Finance Corp (PFC), REC Ltd and Indian Renewab...
India seeks investment by LIC, pension fund in green energy - sources
India seeks investment by LIC, pension fund in green energy - sources
Source: Reuters
8/02/2023 3:51:29 PM
AT&C losses of power distribution utilities decline to 17% in 2021-22: Power Ministry The power ministry in its latest statement has said that aggregate technical and commercial (AT&C) losses of power distribution utilities declined to 17 per cent in 2021-22 from 22 per cent in the previous year.  It stated reduction in AT&C losses improves finances of utilities (discoms), enabling them to better maintain the system and buy power as per requirement and benefit the consumers. The AT&C loss and ACS-ARR (Average Cost of Supply-Average Realizable Revenue) gap a...
AT&C losses of power distribution utilities decline to 17% in 2021-22: Power Ministry
AT&C losses of power distribution utilities decline to 17% in 2021-22: Power Ministry
Source: Accord Fintech
6/12/2022 10:44:56 AM
Greenfield coal-based plants to have mandatory renewable power generation clause To enhance renewable energy capacity in the country, the Power Ministry aims to make it compulsory for any thermal power producer aiming to set up a new generating capacity after April 1, 2024, to either set up or procure renewable energy capacity equivalent to it. To implement this, it plans to bring out an amendment in the Tariff Policy 2016 to include the provision of "renewable generation obligation (RGO)". It has sought stakeholders' comments on the proposal which h...
Greenfield coal-based plants to have mandatory renewable power generation clause
Greenfield coal-based plants to have mandatory renewable power generation clause
Source: IANS
10/11/2022 8:38:40 AM
Power Ministry amends guidelines for EV charging infrastructure The Power Ministry on Monday amended the guidelines for charging infrastructure for electric vehicles, under which public charging stations would have the feature of prepaid collection of service charges with the time of the day rates and discounts for solar hours. In addition to this, a committee under the Central Electricity Authority (CEA) would recommend to the states the ceiling limit of service charges to be levied. The panel would also recommend the time of the day rate for servi...
Power Ministry amends guidelines for EV charging infrastructure
Power Ministry amends guidelines for EV charging infrastructure
Source: IANS
8/11/2022 11:10:24 AM
India's power demand set to double by 2030: R.K. Singh India's power demand is set to double by 2030, which will require capacity addition and this will entail huge capital investment, Minister for Power R.K. Singh said on Friday. He also noted that to achieve energy transition towards green hydrogen, distribution companies or DISCOMS across the country will have to follow prudent and sustainable financial practices to ensure that they are viable. Singh made these observations while inaugurating the state power ministers conference in U...
India's power demand set to double by 2030: R.K. Singh
India's power demand set to double by 2030: R.K. Singh
Source: IANS
15/10/2022 10:05:24 AM
India gives coal-fired plants extra two years to install emissions equipment  India extended a deadline for coal-fired power plants to install equipment to cut sulphur emissions by two years, the government said in a notification on Tuesday, marking the third push back on a commitment to clean up dirty air. Indian cities have some of the world's most polluted air. Thermal utilities, which produce 75% of the country's power, account for some 80% of industrial emissions of sulphur- and nitrous-oxides, which cause lung diseases, acid rain and smog. Ind...
India gives coal-fired plants extra two years to install emissions equipment
India gives coal-fired plants extra two years to install emissions equipment
Source: Reuters
6/09/2022 5:22:01 PM
NTPC's coal production rose 62% in August NTPC produced 7.36 metric million tonnes of coal in August, as per data available on August 31, thus registering a healthy growth of 62 per cent compared to 4.55 metric million tonnes produced during the corresponding period of last year, an official statement said. At the same time, NTPC dispatched 7.52 metric million tonnes of coal from its captive mines as on August 31, compared to 5.47 metric million tonnes of coal dispatched during the same period last year, registering a growth of 37...
NTPC's coal production rose 62% in August
NTPC's coal production rose 62% in August
Source: IANS
3/09/2022 10:15:17 AM
India's Power consumption rises by 2% to 130.35 billion units in August: Power Ministry The power ministry in its latest data has said that India's power consumption grew marginally by nearly 2 per cent year-on-year to 130.35 billion units (BU) in August 2022. Power consumption in August last year was recorded at 127.88 BU, higher than 109.21 BU in the same month of 2020. However, it stated the peak power demand met, which is the highest supply in a day, in August 2022 dipped to 194.94 gigawatt (GW). The peak power supply stood at 196.27 GW in August 2021 and 167.52 GW in...
India's Power consumption rises by 2% to 130.35 billion units in August: Power Ministry
India's Power consumption rises by 2% to 130.35 billion units in August: Power Ministry
Source: Accord Fintech
2/09/2022 10:51:05 AM
India`s power consumption grows marginally by 3.8% in July Power ministry data has showed that India's power consumption grew marginally by 3.8 per cent year-on-year to 128.38 billion units (BU) in July 2022 amid widespread rains across the country in July with the onset of the Monsoon. According to the data, power consumption in July last year was recorded at 123.72 BU, which was higher than 112.14 BU in the same month of 2020. However, the peak power demand met, which is the highest supply in a day, during July dipped to 190.38 GW. The peak ...
India`s power consumption grows marginally by 3.8% in July
India`s power consumption grows marginally by 3.8% in July
Source: Accord Fintech
2/08/2022 12:22:32 PM
India`s Prime Minister Narendra Modi asks states to clear payments to electricity distributors  Indian Prime Minister Narendra Modi on Saturday urged state governments to clear their bills and dues to power distribution firms to help ensure stability in the energy sector to meet consumer demands. Modi said state governments must address outstanding dues to distribution companies, which often stretch over several months, threatening financial position of power generating companies. Outstanding dues to power distribution companies exceeds $17 billion, federal ministry of power...
India`s Prime Minister Narendra Modi asks states to clear payments to electricity distributors
India`s Prime Minister Narendra Modi asks states to clear payments to electricity distributors
Source: Reuters
30/07/2022 12:22:17 PM
Monthly instalment scheme can help discoms save quarter of their additional payouts to gencos: Crisil Crisil Ratings in its latest report has said that new equated monthly instalment scheme introduced by power ministry can help electricity distribution companies (discoms) save a quarter of their additional payouts and clear around Rs 20,000 crore payments to generation firms (gencos) this fiscal (FY23). It noted that under this scheme, overdues, including past Late Payment Surcharge (LPS) as on the cut-off date of June 3, 2022, will be converted into Equated Monthly Instalments (EMIs) that di...
Monthly instalment scheme can help discoms save quarter of their additional payouts to gencos: Crisil
Monthly instalment scheme can help discoms save quarter of their additional payouts to gencos: Crisil
Source: Accord Fintech
22/06/2022 11:04:46 AM
Power Ministry asks CEA to determine eligible quantity of domestic coal The Union Power Ministry on Sunday directed the Central Electricity Authority (CEA) to determine the eligible quantity of domestic coal for the power plants using coal under Shakti B (viii) (a) taking into account 10 per cent imported coal for blending, which is equivalent to about 15 per cent of domestic coal in energy terms. Shakti B (viii) (a) is the window for power plants having untied capacity to bid for coal to generate power using this coal and sell it in the exchange under Day Ahe...
Power Ministry asks CEA to determine eligible quantity of domestic coal
Power Ministry asks CEA to determine eligible quantity of domestic coal
Source: IANS
29/05/2022 3:00:19 PM
Power Ministry working to liquidate Rs 1 lakh crore dues of Discoms The Ministry of Power on Wednesday said in a statement that it is working on a scheme to liquidate the past dues of Discoms as it owes Rs 1,00,018 crore as on May 18, 2022 to the generating companies. The Discoms will be allowed to pay dues in 48 monthly instalments which will save around Rs 19,833 crore on late payment surcharge while states like Maharashtra and Tamil Nadu will save about Rs 4,500 crore each and the generating companies to benefit from assured monthly payments. "T...
Power Ministry working to liquidate Rs 1 lakh crore dues of Discoms
Power Ministry working to liquidate Rs 1 lakh crore dues of Discoms
Source: IANS
26/05/2022 8:26:11 AM
Power Ministry urges states to direct utilities to clear dues to gencos, coal firms The Ministry of Power has urged certain states, including Uttar Pradesh, Tamil Nadu and Maharashtra, to direct their utilities to clear total outstanding dues towards generating firms (gencos) and coal companies as failing to do so might affect electricity supply. Union Power Secretary Alok Kumar has highlighted that lack of adherence to basic payment discipline by the utilities is not only causing supply side problems in generation of electricity, but also adversely affecting new investme...
Power Ministry urges states to direct utilities to clear dues to gencos, coal firms
Power Ministry urges states to direct utilities to clear dues to gencos, coal firms
Source: Accord Fintech
20/05/2022 11:25:01 AM
Power Ministry directs gencos to timely import coal for blending The Power Ministry on Wednesday issued directions to all power generation companies (gencos), including independent power producers (IPPs), to timely import coal for blending purposes. The ministry, in a letter written to state Power Principal Secretaries/Secretaries and all gencos, has said that keeping in view the likely less materialisation of coal supply from domestic sources as compared with the requirement to meet power demand, domestic coal will be allocated proportionately to all g...
Power Ministry directs gencos to timely import coal for blending
Power Ministry directs gencos to timely import coal for blending
Source: IANS
18/05/2022 5:10:13 PM
India sets end-June coal import targets as power woes mount NEW DELHI - India has asked state and private sector utilities to ensure delivery of 19 million tonnes of coal from overseas by end-June, according to a power ministry letter, reflecting an urgency to secure supplies in a pricey market amid increasing blackouts. The move, which marks the first time the world's second largest coal importer is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in ...
India sets end-June coal import targets as power woes mount
India sets end-June coal import targets as power woes mount
Source: Reuters
3/05/2022 1:45:04 PM
DERC has no jurisdiction in power allocation from CGS: MoP The Delhi Electricity Regulatory Commission (DERC) has no jurisdiction in allocation of power from central generating stations by the Central government to the states, the Union Ministry of Power said on Saturday. "The power from the central generating stations (CGS) is allotted by the Central government to the states on their request. The DERC has no jurisdiction in the matter. If any reallocation is to be done, it is only on the request of the state government; and that also in case...
DERC has no jurisdiction in power allocation from CGS: MoP
DERC has no jurisdiction in power allocation from CGS: MoP
Source: IANS
3/04/2022 9:17:40 AM
CESL to set-up 900 more EV charging stations in 2022 State-run Convergence Energy Services Limited (CESL) plans to install at least 900 more electric vehicle (EV) charging stations in the country in 2022. CESL is a wholly owned subsidiary of Energy Efficiency Services Limited (EESL) - an entity under the Ministry of Power. In a conversation with IANS, CESL's MD Mahua Acharya informed that 396 charging stations have already been installed across India. "As on date, 396 charging stations have been installed across the country, o...
CESL to set-up 900 more EV charging stations in 2022
CESL to set-up 900 more EV charging stations in 2022
Source: IANS
14/01/2022 9:59:56 AM
CPSEs under Ministry of Power incur capex of Rs 40395.34 crore till December Ministry of Power in its latest report has said that CPSEs under Ministry of Power have incurred capital expenditure (capex) of Rs. 40395.34 crore till the month of December during FY2021-22, 47% higher than the expenditure incurred during the corresponding period of FY 2020-21. The report further noted that thus, the capex performance of the Ministry is significantly better compared to the previous year. It also showed that the CPSEs have also collectively met 80% of the capex target of F...
CPSEs under Ministry of Power incur capex of Rs 40395.34 crore till December
CPSEs under Ministry of Power incur capex of Rs 40395.34 crore till December
Source: Accord Fintech
7/01/2022 1:48:47 PM
Power Ministry invests Rs 35,628.6 crore in infrastructure development till November in this fiscal year The ministry of power said that it has invested Rs 35,628.6 crore in infrastructure development up till November in this Financial Year (FY) 2021-22. For the Financial Year 2021-22 the target for Capital Expenditure (Capex) of the Central Public Sector Enterprises (CPSEs) of the Ministry of Power is Rs 50,690.52 crore. During FY 2020-21, power sector CPSEs incurred a CAPEX of Rs 22,127 crore till the month of November which was 49.3 per cent of the total expenditure for that FY.  The ...
Power Ministry invests Rs 35,628.6 crore in infrastructure development till November in this fiscal year
Power Ministry invests Rs 35,628.6 crore in infrastructure development till November in this fiscal year
Source: Accord Fintech
20/12/2021 12:40:44 PM
Key News - Accenture, ONGC, Toyota Kirloskar Motor, Tata Realty and Infrastructure Ltd, Power ministry By ARETE Securities Key News Accenture's growth outlook augurs well for Indian IT services players Accenture’s Q1 FY22 results have sent a wave of cheer among analysts, as the company raised its revenue guidance and said it expects double-digit growth in outsourcing, up from single digit to low double-digit growth expected earlier. Accenture’s financial year ends on August 31. The company raised its revenue outlook for FY22 to 19-22 per cent in local currency, up from 12-15 per cent earlier...
Key News - Accenture, ONGC, Toyota Kirloskar Motor, Tata Realty and Infrastructure Ltd, Power ministry By ARETE Securities
Key News - Accenture, ONGC, Toyota Kirloskar Motor, Tata Realty and Infrastructure Ltd, Power ministry By ARETE Securities
Source: ARETE Securities Ltd
20/12/2021 10:04:43 AM
India proposes new rules to push green energy use in industries NEW DELHI - India has proposed new rules to lower emissions and fight climate change, including setting a minimum share of renewable energy to be used by its industries, the federal power ministry said on Saturday. The proposals, aimed at promoting green Hydrogen as an alternative to the fossil fuels currently used by industries, will be made effective through amendments to India's 2001 Energy Conservation Act. The proposed amendments would facilitate the development of a carbo...
India proposes new rules to push green energy use in industries
India proposes new rules to push green energy use in industries
Source: Reuters
31/10/2021 12:05:24 PM
Green Energy: Centre proposes amendments to Energy Conservation Act The Centre has proposed amendments to the Energy Conservation Act, 2001, to further promote the usage of renewable energy sources. The Power Ministry proposed the amendments to enhance demand for renewable energy at the end-use sectors such as industry, buildings, transport amongst other. "Amidst the growing energy needs and changing global climate landscape, the Government of India has identified new areas to achieve higher levels of penetration of renewable energy by proposing ce...
Green Energy: Centre proposes amendments to Energy Conservation Act
Green Energy: Centre proposes amendments to Energy Conservation Act
Source: IANS
31/10/2021 9:24:11 AM
Struggling with power crunch, India considers strategic reserves for gas, imported coal CHENNAI - India is considering maintaining strategic reserves of natural gas and imported coal to address future supply shocks, a senior power ministry official said on Thursday, as the energy hungry nation battles a crippling coal shortage. A surge in power demand combined with a fall in imports due to high global coal prices have led to supply disruptions and power cuts lasting up to 14 hours a day despite record supplies from state-run Coal India, the world's biggest coal miner. ...
Struggling with power crunch, India considers strategic reserves for gas, imported coal
Struggling with power crunch, India considers strategic reserves for gas, imported coal
Source: Reuters
21/10/2021 12:36:06 PM
India's power consumption rises 3% at 57.22 billion units in Oct 1-15: Power ministry Power ministry in its latest data has showed that India's power consumption grew 3.35 per cent in the first half of October to 57.22 billion units (BU), showing recovery amid coal shortage at electricity generation plants. Last year during October 1-15, power consumption stood at 55.36 BU which was higher than 49.66 BU in the same period in 2019. The data clearly shows that there is recovery in power consumption as well as demand in the country. Amid the coal shortage at power plants i...
India's power consumption rises 3% at 57.22 billion units in Oct 1-15: Power ministry
India's power consumption rises 3% at 57.22 billion units in Oct 1-15: Power ministry
Source: Accord Fintech
18/10/2021 11:05:26 AM
Centre warns states not to sell unallocated power amid energy crisis In a veiled threat, the Centre has warned states of snapping their share of unallocated power if the same is not being used to meeting needs of consumers but being sold on power exchanges at higher rates for gains. The union power ministry directive has come in the wake of several states reporting shortage of power due to a sudden rise in demand but at the same time selling a portion of power available to them at exchanges to maximise gains as prices have shot up to Rs 15 for a unit of ele...
Centre warns states not to sell unallocated power amid energy crisis
Centre warns states not to sell unallocated power amid energy crisis
Source: IANS
12/10/2021 1:48:19 PM
No power crisis in Delhi; Centre directs NTPC, DVC to use quota under PPAs Keeping in view the Declared Capacity (DC) offered to the Delhi DISCOMs in last 10 days, Ministry of power has issued instructions on NTPC and DVC to secure power supply to Delhi. This will ensure that distribution companies of Delhi will get as much as power as requisitioned by them as per their demand. The central power utilities, NTPC and DVC have been directed to offer the normative declared capacity (DC) to the Delhi DISCOMS as per their allocations made to them under respective PP...
No power crisis in Delhi; Centre directs NTPC, DVC to use quota under PPAs
No power crisis in Delhi; Centre directs NTPC, DVC to use quota under PPAs
Source: IANS
12/10/2021 1:43:17 PM
India orders power firms to boost supply to Delhi BENGALURU - India's power ministry said on Tuesday it has issued directions to the country's largest electricity producer state-run NTPC Ltd and Damodar Valley Corporation (DVC) to supply as much power as available to the national capital Delhi due to a potential shortage. The move comes after Chief Minister Arvind Kejriwal on Saturday warned of a power crisis in the capital due to a coal shortage, which has already triggered electricity cuts in some of the country's easte...
India orders power firms to boost supply to Delhi
India orders power firms to boost supply to Delhi
Source: Reuters
12/10/2021 9:42:08 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
Centre notifies new rules providing easier access to electricity transmission network Power Ministry has promulgated the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021. This paves the way for overhauling of transmission system planning, towards giving power sector utilities easier access to the electricity transmission network across the country. At present, generating companies apply for long-term access (LTA) based on their supply tie-ups, while medium-term and short-term transmission access is acquired ...
Centre notifies new rules providing easier access to electricity transmission network
Centre notifies new rules providing easier access to electricity transmission network
Source: IANS
3/10/2021 1:44:17 PM
Vedanta Aluminium shines at the Perform, Achieve & Trade Cycle-II scheme by Power Ministry Vedanta Aluminium Business, India's largest producer of the aluminium and value-added products, has bagged top spots at Perform, Achieve and Trade (PAT) Cycle-II among the Indian aluminium industry. Perform Achieve and Trade (PAT) scheme is a regulatory instrument deployed by the Ministry of Power, to reduce specific energy consumption in energy intensive industries with an associated market-based mechanism to enhance cost effectiveness through certification of excess energy savings, w...
Vedanta Aluminium shines at the Perform, Achieve & Trade Cycle-II scheme by Power Ministry
Vedanta Aluminium shines at the Perform, Achieve & Trade Cycle-II scheme by Power Ministry
Source: IANS
28/09/2021 9:28:24 AM
Government comes up draft norms for green energy In a step ahead for India's clean energy targets, the Power Ministry has released draft norms for green energy. The Ministry has circulated the Draft Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2021, and sought comments on it within 30 days, said an official statement. These rules are proposed for purchase and consumption of green energy, including the energy from waste-to-energy plants. The draft rules entail Renewable Purchase Obligations (R...
Government comes up draft norms for green energy
Government comes up draft norms for green energy
Source: IANS
16/08/2021 5:54:44 PM
India`s power consumption up 8% in May Power ministry in its latest data has stated that power consumption in the country grew 8.2 percent to 110.47 billion units (BU) in May 2021, indicating slow recovery in commercial and industrial demand of electricity. The slower pace of recovery in industrial demand of electricity in May can be attributed to local lockdown restrictions imposed by states to curb the spread of coronavirus amid the second wave of the pandemic. The commercial and industrial power consumption as well as demand...
India`s power consumption up 8% in May
India`s power consumption up 8% in May
Source: Accord Fintech
2/06/2021 12:42:06 PM
Government to frame new electricity policy The Power Ministry has set up an expert panel to prepare the Draft National Electricity Policy 2021. The Central government, from time to time, in consultation with states, reviews and revises the National Electricity Policy and Tariff Policy under the Electricity Act, 2003. The government had notified the National Electricity Policy in February 2005. The Working Group on Power for the 12th Plan had made recommendation for amendment in National Electricity Policy in addition to Electric...
Government to frame new electricity policy
Government to frame new electricity policy
Source: IANS
12/04/2021 4:46:26 PM