The price discovered on the IEX Day Ahead Market for delivery on Wednesday was at ₹1.95 per unit. The spot power price hit a low of ₹1.90 per unit in June 2017 due to excessive rainfall. Sources said the closure of offices and factories, reduced buying by state distribution utilities and the Indian Railways stopping […]
Installed rooftop solar capacity in India at 1,922 MW: MNRE Minister
Till March 13, 2020, rooftop solar power plants of an aggregate capacity of 1,922 MW have been installed in the country, of which 346 MW have been installed in the residential sector, Minister of New and Renewable Energy R K Singh said in the Rajya Sabha, citing ministry data. NEW DELHI: The country’s rooftop solar […]
IWPA suggests changes in the CERC – REC Regulations (Third Amendment)
According to a recent office memorandum by MNRE, the IWPA has suggested making a few amendments to the CERC REC Regulations (Third amendment) dated 30th December 2014. The amendment talks about the eligibility norms for the DISCOMs that have significantly achieved RPO (as per the regulation) As per the IWPA’s suggestion, a RE multiplier can […]
Incentivising DISCOMs for over-achieving RPOs-reg.
Incentivising DISCOMs for over-achieving RPOs-reg. For more information please see below link:
Adani Power, Essar Power place lowest coal-based tariffs in years
Sources said Adani Power has quoted Rs 3.26 per unit for supply of 700-mw from two its plants in Raigarh and Raipur, while Jindal Power Ltd bid for 420-mw of supply from two plants. Essar Power has quoted for 260-mw, while Jindal India Thermal Power for 270-mw. New Delhi: A dozen power plants of companies […]
AP Government to procure 1500 MW of solar power at Rs 2.70 per unit
The Andhra Pradesh State power companies (DISCOMs) have taken yet another decision to buy the cheap power for Rs 2.70 per unit. The power officials have reportedly said to be in the final stages of implementing the proposal. It is known the fact that the Solar Energy Corporation of India and NTPC have jointly set […]
Power discoms faced losses worth Rs 27000 crore in FY19: Power Minister R K Singh
After the meeting, Singh said, “The total loss of all power distribution companies in the financial year 2018-19 was Rs 27,000 crore. That is huge. Because of the losses, the discoms are under stress” Panaji: Power distribution companies in the country suffered losses worth Rs 27,000 crore in 2018-19, Union Power Minister R K Singh […]
Enabling discoms to power electric mobility in India
Discoms require significant capacity building to be able to seamlessly handle the increased load in day-to-day operations that will occur from more and more EV charging stations he outlook for electric mobility in India has been slowly becoming more optimistic in recent years. The growing advocacy around electric vehicles (EVs), conducive policies, and falling battery […]
Discoms’ outstanding dues to power gencos rise 48 per cent to Rs 81,010 crore in October
Distribution companies (discoms) owed a total of Rs 54,654 crore to power generation companies in October 2018, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators NEW DELHI: Power producers’ total outstanding dues owed by distribution companies rose around 48 per cent to Rs 81,010 crore […]
Government plans Ordinance to ensure power pacts are honoured
The planned ordinance would also deal with crucial issues of independence of electricity regulators and quick finalisation of tariffs based on costs – measures that were originally planned as amendments to the Electricity Act of 2003. States have … New Delhi: The Centre plans to take a major initiative in the power sector with an […]