Coupling reverses momentum of reforms
A series of regulations aimed at improving electricity supplies and empowering customers could reshape India's electricity market, provided infrastructure and legacy issues are sorted out first
Union Minister of State for Personnel Jitendra Singh on Saturday said Jammu and Kashmir's Kishtwar will become north India's major "power hub" generating around 6,000 MW of power after the completion of the ongoing power projects. Singh, who cancelled his two public rallies at Nagseni and Dachhan on Saturday as a mark of respect to the victims of the train accident in Odisha, convened a detailed meeting to review the progress of various hydroelectric power projects in the Kisthwar and Doda districts. NHPC chairman Rajiv Vishnoi, Deputy Commissioner Kishtwar Devansh Yadav and officials of central government and UT administration updated the minister about the progress of the projects, a statement issued by the personnel ministry said. "Jammu and Kashmir's Kishtwar will become North India's major 'power hub' generating around 6,000 MW of power after the completion of the ongoing power projects," the statement quoted the minister as having said. He said, the surplus power from Kishtwa
India plans to stop building new coal-fired power plants, apart from those already in the pipeline, by removing a key clause from the final draft of its National Electricity Policy
Union Power Minister R K Singh has said that 24x7 quality, reliable and affordable power supply to all the electricity consumers in the country is necessary for India to become a developed nation. The minister emphasised the importance of a viable and modern power sector in the overall economic growth of the country. The Minister for Power, New and Renewable Energy chaired the Review Planning & Monitoring (RPM) meeting with states and state power Utilities, the Ministry of Power said in a statement. Most of the DISCOMs have started implementing the reform measures prescribed by the Ministry of Power under its various initiatives like the Revamped Distribution Sector Scheme (RDSS), Additional Prudential Norms and Late Payment Surcharge (LPS) Rules 2022, Singh said. The DISCOMs as well as GENCOs have benefitted from the Late Payment Surcharge Rules 2022, the statement dated April 10 said. The Minister also launched the 11th Integrated Rating of Power Distribution Utilities 2022, ..
The government has invoked emergency powers under Section 11 of the Electricity Act to impose the rule as it expects record surge in power demand this summer
On the bourses, shares of Adani Power, Adani Transmission, CG Power, NHPC, NTPC, and Adani Green Energy have surged up to 61 per cent so far in FY23, ACE Equity data shows
Thousands of employees of three state-owned power companies went on a 72-hour strike on Wednesday to protest against the privatisation of power firms even as the government invoked the Maharashtra Essential Services Maintenance Act (MESMA), a leader from the employees' union said. The government has asked the officials concerned to take all necessary steps to ensure normal supply of electricity in the state. Thousands of employees of the three companies were participating in the strike which started from midnight, Krushna Bhoir, general secretary of the Maharashtra State Electricity Workers' Federation, told PTI. The protest was going on peacefully across the state, he said, adding the protesting employees were sitting in pandals erected outside their establishments. Bhoir said the state government has called them for a meeting and Deputy Chief Minister Devendra Fadnavis will meet members of the action committee of the employee unions at the Sahyadri Guest House here at around 1 ..
Liberty to Renewable project developers to sell on Exchanges till Transmission comes up: Power Minister
Plans for a web of sub-sea cables that would create a continental power grid spanning Japan to India are rapidly becoming cheaper and more feasible
The world's third-biggest emitter of greenhouse gases will add nearly 56 gigawatts of coal power capacity unless there's a substantial drop in the cost of storing electricity
Railway freight traffic numbers were higher than before
Reliance cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission
Among individual stocks, Coal India can surge up to 17%; Adani Power, Adani Transmission, NTPC and Tata Power are likely to gain in the range of 10-14 per cent.
Adani Power Ltd. will commission a 1.6 gigawatt facility in Jharkhand state and a dedicated transmission line for the exports by Dec. 16, Adani said in a Twitter post late on Monday
By 2025, Sembcorp aims to quadruple its gross installed renewable energy capacity to 10 Gw
India's power consumption grew marginally by nearly 2 per cent year-on-year to 130.35 billion units (BU) in August 2022, according to the power ministry data. Power consumption in August last year was recorded at 127.88 BU, higher than 109.21 BU in the same month of 2020. However, the peak power demand met, which is the highest supply in a day, in August 2022 dipped to 194.94 gigawatt (GW). The peak power supply stood at 196.27 GW in August 2021 and 167.52 GW in August 2020. Power consumption and demand were affected in August 2020 due to the impact of lockdown restrictions that were imposed to curb the spread of coronavirus. The peak power demand met was 177.52GW in August 2019 (pre-pandemic period). Similarly, power consumption in August 2019 was 111.52 BU. According to experts, power consumption and demand remained subdued in August due to rains across the country under an active monsoon. Power consumption as well as demand would grow steadily in coming months in view of norm
Power generation gap widened over 2019
Indian states and union territories (UTs) owe over Rs 1 trillion to the gencos and Rs 62,931 crore to the discoms
To provide integrated green energy solutions to carbon-intensive industries