Summary of Draft Electricity Amendment – 2020 For more information please see below link:
Sales Of Green certificate up 79% at 8.38 lakh units in March
Renewable Energy Certificates (RECs) are a type of market-based instrument. New Delhi: Sales of renewable energy certificates rose over 79 per cent to 8.38 lakh units in March compared to 4.68 lakh in the same month a year ago owing to good supply, according to official data. Renewable Energy Certificates (RECs) are a type of […]
Equinor powers ahead with floating wind turbines despite oil crash
The long-planned project is going ahead despite Equinor’s decision to cut investment following a plunge in oil prices that has reduced the company’s cash flow. OSLO: Norway approved on Wednesday Equinor’s 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, […]
SOFARSOLAR leading Gujarat’s PV market
Gujarat,India: Energy demand in Gujarat, India is growing rapidly. To cover it, Gujarat government launched a solar power project for farmers-Suryashakti Kisan Yojana (SKY) (KUSUM YOJANA), enabling them to generate electricity for captive consumption and sell surplus power to grid for extra income. “In 2019, SOFARSOLAR have supplied its technology and more than 150MW solar […]
Punjab reduces power tariff for consumers
The PSPCL will have to bear an additional burden of Rs 350 crore due to the various reliefs announced for the consumers, an official spokesperson said Chandigarh: To further mitigate the hardships faced by the people amid the lockdown, Punjab Chief Minister Amarinder Singh on Tuesday announced a reduction in the fixed charges for electricity […]
Abu Dhabi postpones Dhafra solar plant final bids announcement: WAM
The decision was taken in light of rules barring large group meetings due to the outbreak of the coronavirus, WAM reported. DUBAI: Abu Dhabi’s department of energy has postponed the announcement of the winning bids for developing a 1.5 gigawatt (GW) solar power plant in the Al Dhafra region, state news agency WAM reported late […]
Coronavirus pandemic | CERC defers real-time power market by 2 months till June 1
The real-time power market (RPM) enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery. Power regulator CERC has decided to defer the implementation of real-time power market till June 1 amid the coronavirus outbreak, a senior official said. Earlier, it was scheduled to kick in […]
Covid-19 lockdown impact: Power demand drops as offices stay plugged out
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 […]
Trade in Electricity
Presently, India exports electricity to Nepal, Bangladesh and Myanmar, while India imports power from Bhutan. However, sometimes India also exports power to Bhutan during lean hydro season. Import / Export of energy by India into/from these countries during the Financial Year 2019-20 (as on January, 2020) is as follows:- Sl. No. Country Import (In Million […]
In the Matter of: Application for restoring, releasing the electricity connection of the appellant
In the Matter of: Application under Section 50 and 142 of the Electricity Act, 2003 for restoring, releasing the electricity connection of the appellant in accordance with the order dated October 4th of 2019 passed by the Hon’ble Ombudsman in Appeal No 24 of 2019 For more information please see below link: