It provides guidelines for states who want to offer their electricity distribution utilities to private players to improve operational efficiency and finances New Delhi: The All India Power Engineers Federation (AIPEF) on Friday said the draft standard bidding document for discoms circulated by the power ministry is not to reform the sector but to privatise […]
IOC Lights Up Northern Regional Office with Rooftop Solar Plant
IOC will save nearly Rs 5.59 lakh every year due to the on-grid rooftop solar power plant New Delhi: State-owned Indian Oil Corporation (IOC) on Tuesday said its northern regional office in the national capital has commissioned a 50-kilowatt (KW) rooftop solar power plant to electrify the building. “The solar plant has 150 solar panels […]
NHPC shuts 120 MW plant in J-K till March ’21
The shutdown will cause tentative loss of 157.4 MUs (million units) in generation (design energy) and 35.61 per cent in NAPAF (Normative Annual Plant Availability Factor), it added New Delhi: State-run hydro power giant NHPC on Wednesday said its 120 MW Sewa-II power station in Jammu and Kashmir has been shut till March 31, 2021 […]
NTPC MoU with govt; targets Rs 98,000 cr revenue for FY21
Country’s largest power producer NTPC Ltd. proposes a revenue of Rs 98,000 crore from operations and 340 BU of electricity generation in the current fiscal. New Delhi: Country’s largest power producer NTPC Ltd. proposes a revenue of Rs 98,000 crore from operations and 340 BU of electricity generation in the current fiscal. As part of […]
NTPC aims to add over 5 GW solar energy in two years
INDIA-NTPC aims to add over 5 GW solar energy in two years NEW DELHI: India’s top power utility NTPC Ltd aims to add more than 5 gigawatts (GW) of solar power in two years, its chairman Gurdeep Singh said on Tuesday. He said the company plans to add 30 GW of renewable energy, mainly solar, […]
Power consumption dips to 9.74 pc to 106.48 BU in June
The slump in power consumption has narrowed in June to 9.74 per cent from 14.86 per cent registered in May and 23.21 per cent recorded in April this year New Delhi: Power consumption in June declined 9.74 per cent to 106.48 billion units (BU) as compared to 117.98 BU a year ago, mainly due to […]
NLC India’s power generation in Jan-Mar rises 9 pc to 6,098 MU
Power export during the quarter and year ended March 31 was 5,301 MU and 18,840.84 MU, respectively as against 4,766.54 MU and 17,505.30 MU in the corresponding periods of the previous year New Delhi: NLC India’s power generation in March quarter 2019-20 was at 6,098 million units (MU), a rise of 9.18 per cent from […]
Green certificate sales down 55 per cent to 3.33 lakh in May
NEW DELHI: Sales of renewable energy certificates dropped over 55 per cent to 3.33 lakh units in May compared to 7.5 lakh in the same month a year ago, according to official data. Renewable energy certificate (REC) is a type of market-based instrument. One REC is created when one megawatt hour of electricity is generated […]
NHPC board okays foray into solar power business
“It is to inform that board of directors of NHPC Ltd in its meeting held today…has considered and approved the proposal regarding diversification of business of the company by development of Solar Power Projects,” a statement said New Delhi: State-run hydro power giant NHPC on Thursday said its board has approved the proposal to foray […]
Siemens AG sells 24 per cent stake in Indian unit for Rs 8,520 cr to group firm
While there was no official word from the company, reports suggested that Siemens AG was in the process of carving out its gas and power business, which had dragged its overall performance, into a separate subsidiary New Delhi: German conglomerate Siemens Aktiengesellschaft on Tuesday sold shares worth over Rs 8,500 crore in its listed Indian […]