A large portion of the private IPP capacity (20 GW) is exposed to volume and pricing risks in the short-term market. New Delhi: The proliferation of lockdown restrictions across many states in the country, amid the second wave of Covid-19 infections, could adversely impact the electricity demand growth prospects in FY2022, rating agency ICRA said. […]
46,000 MW power capacity has less than 7 days coal stock: Government data
CEA in its latest report for April 22, 2021, stated that out of the 135 power plants of 1,66,406 MW capacity monitored by it on a daily basis, none is facing critical or supercritical coal stock situation. New Delhi: As many as 38 power plants of 46,720 MW combined capacity had coal stock for less […]
Reliance increases supply of oxygen to over 700 tonnes a day to Covid-hit states
The company’s Jamnagar refineries in Gujarat initially produced 100 tonnes of medical-grade oxygen, which has quickly been ramped up to over 700 tonnes, people aware of the matter said NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries Ltd has tweaked manufacturing at its Jamnagar oil refineries to produce over 700 tonnes a day of medical-grade oxygen […]
After a 5-year growth run, electric vehicle sales decline 20% in FY2021
Electric vehicle sales have recorded a dip in FY21 after a growth run of the last 5 years. While electric scooters remain the biggest contributor to overall EV sales, the electric car category has recorded a good growth, albeit on a low base. New Delhi: Electric vehicle sales across two, three and four-wheelers declined 20% […]
AIPEF urges PM to treat power employees as frontline workers
New Delhi : All India Power Engineers Federation (AIPEF) has urged Prime Minister Narendra Modi to consider power sector employees as frontline workers amid the pandemic. New Delhi: The functioning of hospitals and testing laboratories is largely dependent upon the round the clock supply, and power engineers and technical staff of Discoms play a major […]
Wipro aims to reach net-zero greenhouse gas emissions by 2040
Wipro set an intermediate target of a 55 per cent reduction in GHG emissions by 2030 in absolute emission levels compared to its base year of 2016-17 (April-March). New Delhi: IT major Wipro on Thursday said it aims to achieve Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris […]
Fall in cost of financing renewable projects: Oxford University
In contrast to renewables, comparing 2007-10 with 2017-20, coal power stations and coal mines have seen their loan spreads increase sharply, at 38 per cent and 54 per cent respectively. New Delhi: A new Oxford University research tracking how the financing costs for energy projects, measured through loan spreads, have changed over the past 20 […]
US, India to launch hydrogen task force under Strategic Energy Partnership
India and the United States will launch a Hydrogen Task Force under the Strategic Energy Partnership between the two countries soon, announced US Deputy Secretary of Energy, David M Turk NEW DELHI : India and the United States will launch a Hydrogen Task Force under the Strategic Energy Partnership between the two countries soon, announced […]
Design of Robust Time of Use (ToU) Framework for Electricity Tariff in Gujarat and Launch of ToU Tool for Utilities and Regulators by ISGF
NEW DELHI : Pricing of electricity is one of the key challenges in the efficient functioning of the power sector. Electricity tariffs typically do not reflect the true costs of generation, transmission and distribution in India. Knowledge about the demand-price relationship, consumers’ willingness-to-pay for electricity, and demand forecasts are necessary to plan the supply and […]
GE Power to acquire 50 per cent equity stake in NTPC GE Power Services
It also stated that the cost of acquisition or the price at which the shares are acquired is a cash consideration of Rs 7,20,00,000 New Delhi: GE Power India’s board on Wednesday approved the acquisition of 50 per cent stake in NTPC GE Power Services Pvt Ltd for Rs 7.2 crore. “Board of directors of […]
