The minister informed the commission that the old schemes of the ministry are being amalgamated into a new scheme for which he requested Rs 3 trillion over five years.
The privatisation of distribution in Union Territories is a positive move by the government, says Prashant Jain, joint MD & CEO of JSW Energy
Besides, the power sales volume at 4,052 million units (MU) last month was down 6.6 per cent as compared to the year-ago period, an IEX statement said.
Lower expenses drive profit number; firm had incurred a loss in the same period a year ago
The decline is equivalent to losing the entire energy demand of India, the world's third-largest energy consumer
On a weekly basis, electricity generation is down 3% in the last week of April
Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.
March performance is worst in current series
The stress in the power sector is likely to impact 25 Gw of capacity tied up in short-term sales.
Its pre-pandemic crisis is likely to worsen with the prolonged lockdown unless the government offers some vital concessions
January demand for electricity rose to 105.29 billion units from 101.71 billion units a year earlier, data from the Central Electricity Authority showed
India's power demand fell 13.2% in October from a year ago, posting its steepest monthly decline in more than 12 years, reflecting a deepening growth slowdown in Asia's third-largest economy
In five years, there has never been a situation where demand has fallen against planned energy generation
Economic sentiment is as important as the actual data on the economy
Gujarat saw 1.1% fall in demand, Maharashtra 2.63% in April-September period
India's June quarter GDP grew at its weakest pace in six years as consumer demand and government spending slowed
Increase in mercury levels in October led to a rise in power demand in Maharashtra, which shot up to record 24,962 MW on Monday, an official said. In Maharashtra (except Mumbai), the demand for power was 21,580 MW in areas covered by the Maharashtra State Electricity Distribution Company (MSEDCL), also known as Mahavitaran. The power demand in Mumbai was 3,382 MW. While the island city of Mumbai gets power supply from the Brihanmumbai Electric Supply & Transport (BEST), its suburbs get electricity either from Tata Power or Adani Transmission. An official from the state power department said due to the October heat, demand for electricity was continuously rising. "More electricity demand is being registered in October than in summer. On October 16, the total demand was 24,922 MW, of which Mahavitaran registered demand of 21,542 MW. On October 17, the total demand was 24,687 MW, of which Mahavitaran registered of 21,223 MW demand," he said. "On October 22, the demand
India has already crossed an installed capacity of 70 Gw of renewables - surpassing the previous administration's 2022 targets four years ahead of time
Researchers have previously shown how evaporation can be exploited to do work