Existing water shortage has already forced 61 thermal power plants to shut down between 2013 and 2017, leading to 17,000 gigawatt hours of lost generation The country’s coal-fired thermal power generating stations face a bleak future with the ongoing water shortage crisis set to worsen. The existing water shortage problems have forced 61 thermal power […]
NTPC units faced coal shortage in FY17-19; CERC denies relief
Company blames Coal India and Centre’s no-import policy NTPC, the country’s largest power generator, has said many of its units faced a coal shortage in the past two financial years, owing to low production and the Centre’s restriction on importing it. In a recent petition to the Central Electricity Regulatory Commission (CERC), it said this […]
India’s electric vehicle journey so far: A story of nudges and trudges
Business Standard chronicles India’s efforts over the years to push a faster adoption of electric vehicles. The concept of electric vehicles (EVs) has been around for a fairly long time, but it has drawn significant interest only in the past decade. While rising carbon footprint and other environmental impacts of the fuel-based vehicles have nudged […]
Adani Transmission receives LoI for transmission project in Gujarat
Adani Transmission has received the LOI from REC Transmission Projects Company (a wholly owned subsidiary of REC) to build, own, operate and maintain the transmission project in the state of Gujarat for a period of 35 years. The project “WRSS XXI (A) Transco Limited” consists of approximately 272 ckt kms of 765kV line and 3000 […]
Govt softens stance on time frame for transition to electric vehicles
The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively The government seems to have softened its stance on the time frame for transition to electric vehicles (EVs). The Ministry of Heavy Industries, the Ministry of Road Transport […]
India’s renewable energy cost is lowest in Asia Pacific: WoodMac report
India’s levelised cost of electricity using solar photovoltaic has fallen to $38 per megawatt hour this year, 14% cheaper than coal-fired power India’s renewable energy cost is the lowest in the Asia Pacific, consultancy Wood Mackenzie said on Monday. India’s levelised cost of electricity (LCOE) using solar photovoltaic has fallen to $38 per megawatt hour […]
Aditya Birla to complete 75 Mw solar plants in Odisha by June 2020
Firm to set up three units of 25 Mw each, has identified Boudh district for first plant; may develop another 100 Mw if it gets additional land Aditya Birla Renewables Ltd, part of the diversified business conglomerate Aditya Birla Group, which had won a bid for developing 75 Mw solar power plant in Odisha, is […]
Electric vehicle start-up SmartE gets Rs 100-crore investment from Mitsui
The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country Electric vehicle (EV) start-up SmartE has raised Rs 100 crore from Japanese major trading house Mitsui & Co in a Series B funding round. In addition to the capital, Mitsui will bring […]
Electric vehicle start-up SmartE gets Rs 100-crore investment from Mitsui
The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country Electric vehicle (EV) start-up SmartE has raised Rs 100 crore from Japanese major trading house Mitsui & Co in a Series B funding round. In addition to the capital, Mitsui will bring […]
Short-term power market gains as long-term PPAs recede, shows data
The share of short-term power market moved up from 6.1 per cent in FY09 to 11.7 per cent in FY19, shows data released by the Central Electricity Regulatory Commission The short-term power market in the country has surged ahead over the past decade with the gradual drying up of long-term power purchase agreements (PPAs) inked […]