In order to give boost to the manufacturing sector, new provisions were introduced in September 2019 offering a concessional corporate tax rate of 15% to the newly incorporated domestic companies in the manufacturing sector which start manufacturing by 31st March, 2023. In order to attract investment in power sector, I propose to extend the concessional […]
APPELLATE TRIBUNAL FOR ELECTRICITY AT NEW DELHI
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Renewable energy: Curtailment is a bane that must be done away with
If solutions to the problem are not found, it will add to the operational risk of renewable energy projects, discouraging investments ‘Curtailment’ of power generated by wind and solar projects is a persistent problem for renewable energy (RE) developers in India despite a ‘must-run’ assurance in regulation. ‘Curtailment’ refers to an action under which off-take […]
Electricity Act may be amended to ensure discoms honour power pacts
It wants to ensure that renewable energy tariffs are not changed after execution of contracts, and electricity regulatory commissions have more teeth to enforce power purchase agreements between projects and distribution companies (discom) By .. New Delhi:The government is planning to introduce a bill to amend the Electricity Act to prevent states from reneging on […]
Mitsubishi PH showrooms to soon have EV charging stations
It’s not only the Outlander PHEV that Mitsubishi Motors Philippines Corporation (MMPC) plans to bring to the country soon. Apart from the plug-in hybrid that is set to arrive in late 2020, the automaker also plans to roll out a charging system, as well as their next-generation showrooms across some of their dealerships. As Mitsubishi deepens their […]
Will give relief for electricity consumption up to 600 units if we win: Delhi Congress unit chief
The Congress leader also said that if his party forms the government then small shopkeepers will not have to pay commercial charges of electricity New Delhi: In the run-up to Assembly polls scheduled early next year, Delhi Congress unit chief Subhash Chopra on Wednesday announced that if his party comes to power then it will […]
24×7 electricity for all: Tightrope walk for govt
The agenda for the year 2020 is well laid out — launch of UDAY 2.0, installation of smart pre-paid metres, prompt payment by discoms, making coal available for short term and reviving gas based plants New Delhi: The government will have to do a tightrope walk as it pursues a target of 24×7 electricity for […]
Shell on the growth path after ESCO solar splash
Shell has flagged a hunger for more acquisitions and hinted at interest in pumped hydro generation as it furthers its aggressive expansion into electricity supply in Australia with the purchase of a 49 per cent stake in solar farm developer ESCO Pacific. The deal, the price of which wasn’t disclosed, follows just weeks after the […]
Delhi power cut: Electricity disruptions down by 70% but pinches inverter sellers
New Delhi : Since the national Capital is witnessing zero power cut these days, the home inverter sales in Delhi has dropped by 70 per cent. According to reports by representatives of the Delhi Markets Associations, the wholesale dealers said that most of the dealers have stopped their business of home inverters, but presently they […]
Why India’s Falling Electricity Demand is a Worrisome Trend Amid Slowdown. Can Renewable Energy Revive it?
For the first time, electricity demand growth in India has dropped, slowing down manufacturing sector, slipping along the record drop in global coal power generation and the rise of renewables. New Delhi: At the launch of the Coal 2018 report by the International Energy Agency (IEA), director of energy markets and security Seisuke Sadamori said: […]