Non-compliant state-run electricity distribution companies (discoms) run the risk of losing their share of the Rs 90,000 crore loan that the government announced on Wednesday to inject liquidity into the segment. If discoms do not take appropriate steps to reduce their losses, they would be denied the facility, Union power minister RK Singh said […]
Huawei’s Digital Technologies Facilitate Successful Grid Connection of Adani 50MW PV Plant during COVID-19 Lockdown
On April 16, when India was still on lockdown due to the COVID-19 pandemic, a 50 MW PV plant in Rajasthan State was successfully connected to the power grid. This project was constructed by Adani Green Energy, a new energy subsidiary of the Indian energy conglomerate Adani Group. To date, Adani Green Energy has put […]
NTPC shares down 5 per cent post waiver announcement of fixed charges
In a bid to provide further relief to the discoms, the government has decided to waive fixed charges and inter-state transmission charges (by PowerGrid) against power not drawn from various public sector units during the lockdown, from March 24 to May 17 Mumbai: Shares of NTPC Ltd fell by around 5 per cent on Thursday, […]
Uttar Pradesh’s outstanding dues to gencos hit Rs 32,000 crore
As on April 2020, the state discoms have accumulated pending bills to the tune of Rs 32,000 crore to gencos, as against a total of Rs 17,500 crore owed by them in March 2019, reflecting a severe stress in the sector. Even as the Centre has announced a fresh Rs 90,000-crore package by PFC-REC to […]
South harnesses more solar power during lockdown
Among southern states, Karnataka lead with 1,092 million units, followed by Telangana (594.09MU) and Tamil Nadu (514.30MU). Maharashtra, Karnataka and Tamil Nadu were able to harvest wind power too during April CHENNAI: Southern states generated more solar power during the lockdown, as a component of the total power supply in April. Despite demand being less […]
Lockdown in Maharashtra gives a jolt to state utility’s finances
Mahavitaran’s annual revenue is around Rs 75,000 crore per annum; industrial and commercial establishments’ share of that comes to around Rs 30,000 crore – and the lockdown is expected to severely affect this share Mahavitaran revenues expected to crash following closure of industrial and commercial units. The lockdown and subsequent closure of industrial and commercial […]
COVID-19: Post-crisis clean energy progress will need reliable supplies of critical minerals, says IEA
According to the IEA study, clean energy technologies generally require more minerals than fossil fuel-based counterparts. An onshore wind plant requires eight times as much minerals as a gas-fired plant of the same capacity New Delhi: The global clean energy sector would require a reliable supply of critical minerals to continue a smooth progress after the COVID-19 crisis, […]
Power consumption of large commercial players has dropped sharply, says Tata Power MD Praveer Sinha
Despite the downturn in power demand, Tata Power has kept its 11 thermal and hydro generation plants across six states in the country operational, along with its distribution and transmission business The disruption in economic activities because of lockdown has resulted in a sharp drop in demand for power mainly from large consumers in the […]
COVID-19: Extension to Lockdown and measures to be taken
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Power consumption in Patna up 13 per cent despite lockdown
The power demand had dipped in the initial days of lockdown as all commercial establishments, malls, restaurants, hotels, coaching classes, hostels, educational institutions and industrial units were closed PATNA: Electricity consumption in the state capital increased by up to 13.6% in the last couple of days owing to rise in temperature, an energy department official […]