DISCOMS – The Leading Solar Magazine In India

India’s 1.2GW tender pits dispatchable renewables as viable alternative to conventional power

August 7, 2019 Anand Gupta

The state enterprise Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issued on the grid, in effect mandating the use of energy storage systems (ESS). An invitation has been issued for bids to build, own […]

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Average spot power price falls 2 per cent to Rs 3.38 a unit in July

August 7, 2019 Anand Gupta

Low price coupled with greater certainty and predictability in procurement continue to make compelling proposition for the power discoms as well as open access consumers to step up their procurement through the IEX, it added New Delhi: Average spot power price dipped 2 per cent to Rs 3.38 per unit in July at the Indian […]

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Discoms to pay full tariff during non-supply period to renewable gencos: MNRE

August 1, 2019 Anand Gupta

Power discoms pay fixed charges or infrastructure cost to electricity generation companies during the non-supply period under the power purchase agreements (PPA). NEW DELHI: Power distribution companies would have to pay the agreed full tariff to renewable energy producers during the period of non-supply of electricity, the government said on Wednesday. Power discoms pay fixed […]

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Rooftop solar power could be a game-changer for India despite challenges: Here is why

July 30, 2019 Anand Gupta

The existing fragmented growth of solar rooftop is largely attributable to institutional and commercial consumers. Discoms’ and consumers’ reluctance to adopt rooftop solar may be attributable to the legal framework of the distribution business. India’s solar sector has seen a spectacular run in the last four years, largely attributable to its ambitious renewable energy targets […]

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Representation for creating a fund for providing liquidity to State Discoms and thereby to Solar Power Producers

July 24, 2019 Anand Gupta

Representation for creating a fund for providing liquidity to State Discoms and thereby to Solar Power Producers. For more information please see below link:

India

No power supply to discoms without bank guarantees

July 20, 2019 Anand Gupta

The move comes on the backdrop of the deep financial stress being faced by the power industry due to non-payment of dues The Union power ministry has directed electricity generators to snap supplies to state distribution companies which have failed to open or maintain bank guarantees. Following this directive, the states will have no option […]

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Govt bars defaulting discoms from short-term power purchases in open market

June 29, 2019 Anand Gupta

Letter of Credit to be mandatorily used as payment security mechanism for long-term PPAs signed by loss-making discoms The Centre in a bold move to discipline the state-owned loss making power distribution companies (discoms) announced that the ‘Letter of Credit’ should be mandatorily followed as a payment security mechanism. At the same time, it also […]

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Govt puts in place payment security mechanism for discoms to buy power

June 29, 2019 Anand Gupta

In a big relief to the stressed power sector, the government Friday approved the proposal for implementation of a payment security mechanism for purchase of electricity by distribution companies from generating firms. The power ministry has made it mandatory for discoms to open and maintain adequate letter of credit (LC) as payment security mechanism under […]

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NTPC: demand new challenge for India’s top power producer

June 24, 2019 Anand Gupta

A sustained fall in utilization levels can be a major earnings risk, and running plants at sub-optimal levels would hit returns While tariffs in renewable energy have steadily fallen to ₹2.50 per unit, the average tariff at NTPC has risen from ₹3.18 in FY16 to ₹3.38 in FY19 While fuel availability is normalizing for NTPC Ltd, a new challenge […]

Next goal 24by7 power for all; agri exempted from round the clock supply

India

Next goal 24/7 power for all; agri exempted from round the clock supply

February 27, 2019 Anand Gupta

According to the union power ministry states electrified 25 million households under Saubhagya in 17 months Union minister of state for power R K Singh on Tuesday said the country was on path to achieve 100% household electrification by March 31, 2019 and the next goal would be for 24/7 power for all households. The […]

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