In Short : Union Minister of Power and Housing & Urban Affairs, Shri Manohar Lal, chaired the 5th meeting of the Group of Ministers formed to address challenges faced by India’s power distribution utilities. The discussions focused on improving financial viability, strengthening infrastructure, and ensuring reliable supply. The group aims to develop sustainable reforms for […]
In Short : Union Minister Shripad Yesso Naik chaired the third GoM meeting on DISCOM viability, discussing financial restructuring, tariff reforms, AI integration, and renewable energy expansion. Attended by energy ministers and officials, the meeting emphasized sustainable solutions for power distribution. The next session will be held in Andhra Pradesh in April 2025 to further […]
In Short : Union Minister of State for Power and New & Renewable Energy, Shri Shripad Yesso Naik, chaired the first meeting of the Group of Ministers to address distribution utilities’ viability issues. The discussion focused on financial sustainability, policy reforms, and strategies to enhance DISCOM efficiency, ensuring a stable and affordable power supply across […]
Mumbai: The country’s wind energy sector is likely to see a slow growth with regard to capacity addition over the next five years, Crisil Research said on Wednesday. The shift to a competitive bidding mechanism has slowed industry growth due to a significant fall in tariffs, triggering a decline in both bid response and profitability […]