EQ organized a webinar on ‘Haryana Draft Solar Policy 2021 & Guidelines for Development of Solar Parks by Private Entrepreneurs’ on June 8, 2021. Rameshwar Birthal, Project Officer-Department of New & Renewable Energy, Haryana (HAREDA) and Dr AK Jain, Vice Chairman IDANZ, Director INA, were the keynote speakers. Dr AK Jain is the Former MD- […]
Gujarat Discoms Sign Pacts For 3,979 Solar Projects With 2,500 MW Capacity
Gujarat’s four public-owned electricity distribution companies have signed power purchase agreements (PPAs) for 3,979 small-scale distributed solar projects with aggregate capacity of 2,500 MW, the government said on Saturday. These small-scale distributed solar projects, to be commissioned within the next 18 months, will bring in an investment of over Rs 10,000 crore in the state […]
AIPEF Demands Scrapping of Bidding for Discoms in Union Territories
In the case of UTs, no guidelines are issued by Government of India for competitive bidding under Section 63 of the Electricity Act 2003 for a distribution company. All India Power Engineers’ Federation (AIPEF) on Wednesday demanded scrapping of ongoing bidding for discoms in Union Territories citing serious flaws. The Federation has particularly mentioned the […]
EQ’s Webinar: Draft National Electricity Policy 2021
EQ’s exclusive webinar on Draft National Electricity Policy 2021 was conducted on May 24, 2021 at IST 04:00 PM. The expert panellists shared their views on the Draft National Electricity Policy 2021 in detail and discussed on related topics. D. Ramanaiah Setty, Deputy Director (Tariff Engg.), Andhra Pradesh ERC was the Keynote Speaker in the […]
Discoms’ Outstanding Dues to Gencos Fall 3% to Rs 78,379 Cr in March
Total dues owed by electricity distribution companies to power producers fell 3.4 per cent to Rs 78,379 crore in March 2021 as compared to the year-ago period, showing a reversal of discoms’ growing outstandings. Outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in […]
Over Rs 9,000 Crore Worth of Renewable Energy Certificates Sold in India to Date: Report
The study said that as many as 99 per cent of all RECs sold have served to fulfill RPO requirements New Delhi: India’s renewable energy certificate (REC) market has recorded net sales worth Rs 9,266 crore during its decade of existence, according to a study released on Thursday by the CEEW-Centre for Energy Finance (CEEW-CEF). […]
Webinar: ‘New Tenders for Utility Scale Solar Projects by SECI, NTPC and States’
EQ’s webinar on ‘New Tenders for Utility Scale Solar Projects by SECI, NTPC and States’ was conducted on May 19, 2021 at 03:00 PM. Experts in the panel shared their insights on the topic discussed related opportunities and challenges in detail. Pratik Prasun, Manager (Contracts & Procurement), SECI and Pradipta Kumar Roy, Chief Manager, IREDA […]
7 GW of Unsigned Power Supply Agreements Pose Risk to RE Targets: Crisil
Delays in power supply agreements (PSAs) for 7 GW of the bid out renewable energy projects is one of the main reasons that may lead to 35 per cent shortfall in 160 GW renewable energy capacity target. Delays in power supply agreements (PSAs) for 7 GW of the bid out renewable energy projects is one […]
Tata Power Records PAT of Rs 481 Cr in Q4 FY21
On a consolidated basis, Tata Power Company reported 1% rise in net profit to Rs 481 crore in Q4 FY21 from Rs 475 crore, due to saving in finance cost offset by exceptional gain in previous year. Revenue in Q4 FY21 stood at Rs 10,255 crore, up by 49% from Rs 6,881 crore in the […]
Power Ministry issues letter to States, SERC on Timely Issuance of Tariff Order
Ministry of Power, Government of India has sent a letter to Secretary of States, Union Territories and SERCs regarding timely issuing of the Tariff Orders for FY 2021-22 under Electricity Act 2003. The letter requests that tariff orders for the FY 2021-22 are issued at the earliest to ensure the financial health of the DISCOMS […]