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Ministry of Power Takes Proactive Measures to Ensure 24×7 Power Supply to Oxygen Plants in the Country

In view of the pan India impact of the second wave of corona virus pandemic across the country and the manifold rise in oxygen demand for both medical facilities and for home treatment of patients , the Ministry of Power has undertaken a number of pro-active preventive and remedial measures to ensure that there is […]

Tata Power-DDL records summer peak power demand of 2035 MW in North Delhi – EQ

Torrent Power asks Rooftop Projects to Sign an Undertaking for Gross Metering Conversion

Torrent Power is forcing to sign an agreement that in future they may shift the net metering solar systems to gross metering, if the regulations comes with retrospective effect. Torrent Power asks rooftop projects to sign undertaking for gross metering conversion later on when gross metering comes in. While having conversation with industry professionals they […]

Insolation Energy Ltd (INA Solar) Reports Exceptional Financial Growth for FY 2023-24, net profit surges by 419.50% – EQ

Discom debt at Rs 6 trillion; negative outlook on power distribution: ICRA

This is in addition to Rs 1.27 trillion pending discom payables to power generators as of December 2020, 30% higher on a year-on-year basis. Consolidated debt of state power distribution companies is estimated at Rs 6 trillion in FY2022, highest post implementation of debt restructure scheme under Ujwal Discom Assurance Yojna (Uday), ICRA said on […]

Tata Power-DDL records summer peak power demand of 2035 MW in North Delhi – EQ

Discom cannot terminate PPA with insolvent power company: SC

The Gujarat power distribution company had moved Supreme Court saying that neither the National Company Law Tribunal (NCLT) nor the NCLAT had the jurisdiction to stay the termination, which was done as per the clauses of the agreement Gujarat electricity distribution and trading company – Gujarat Urja Vikas Nigam Ltd – has been barred by […]

Tata Power-DDL records summer peak power demand of 2035 MW in North Delhi – EQ

Tentative list of bidders of Torrent Discom – Solar – Gujarat – 300MW (+300MW Greenshoe) Tender

Tentative list of bidders of Torrent Discom – Solar – Gujarat – 300MW (+300MW Greenshoe) tender. 1. Adani – 150MW 2. Torrent – 150MW 3. Renew – 150MW 4. Juniper – 100MW 5. Vector – 50MW Total – 600MW bids received

Insolation Energy Ltd (INA Solar) Reports Exceptional Financial Growth for FY 2023-24, net profit surges by 419.50% – EQ

Fitch Ratings: India Discom Reform Plan to Benefit Power Gencos in Long Term

(The following statement was released by the rating agency) Fitch Ratings-Singapore-01 February 2021: The central government of India’s proposed plan to improve the operations and finances of state-owned distribution companies (discoms), the weakest link in India’s power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, […]

Tata Power-DDL records summer peak power demand of 2035 MW in North Delhi – EQ

Hold back imposition of BCD on solar equipment in Budget, demand developers

  New Delhi: Solar power developers in the country have demanded that the government should hold back the imposition of basic customs duty (BCD) on solar equipment for the time being in the forthcoming budget. They fear that this could derail the government’s ambitious target of having 175GW renewables by 2022, requiring an investment flow […]

Tata Power-DDL records summer peak power demand of 2035 MW in North Delhi – EQ