Page 9 - India Power Production

Ministry sets up high-level group to study power purchase-sale mechanism

Union Ministry of Power has formed a high-level group to study the present system of power purchase and sale under the Power Purchase Agreement (PPA) including power trading, the Lok Sabha was informed on Thursday.In a written reply, Union Minister of State (IC) Power, New & Renewable Energy, and Skill Development and Entrepreneurship R K Singh said: "The group will also explore the system of power markets globally and make recommendations for changing the structure and system of power purchase and sale in the country including reforms needed to encourage investments, efficiency, and competitiveness in power markets.""As per the provision of Electricity Act, 2003, the Ministry of Power has already issued Competitive Bidding Guidelines for long term, medium-term and short term power procurement by Distribution Licensees. As mandated in Tariff Policy, all future power procurement by Distribution Licensees in states to be done through tariff-based competitive bidding only," he ...

Better rainfall led to lower thermal power demand in October: Minister

Overall power generation grew by 7.4 per cent in the first quarter and 1.6 per cent in the second quarter of the current financial year

Hydel power output up 16% in FY20; non-fossil fuel's share at record high

Power Minister R K Singh said electricity generation in India rose 7.4 per cent in the first quarter ended June 2019, and 6.7 per cent in July

CESC drops plan to demerge power generation and distribution business

Shashwat Goenka inducted to the board of CESC as its vice-chairman and additional director, subject to the necessary approvals

Another sign of economic slowdown: India's power need shrinks for 3rd month

The slump began in August when the power requirement dropped for the first time in more than two years

Smart metering faces hurdles as not all discoms see financial benefit in it

The plan is also up against supply issues with vendors reluctant to deliver to certain states due to payment concerns

Open LCs for renewable firms or lose access to generation, Centre tells AP

Sets two-day dealine for compliance; denying access to Central pool will mean power outages, as state must draw 20 mnn units to achieve 24-hour power supply

India will again become the top investment destination: Power minister

He says private investment will come back to the sector in one year as the government has created demand from 26.5 million households through a single programme apart from taking other measures

Central, state-owned power firms stumble to add new capacities

Only 55% of the target achieved till July; no new capacities set up in hydro or nuclear power

Electricity meter makers stare at Rs 6,000-crore dues from states

The meter industry is also concerned about another scheme of the government, which would entail replacing all existing meters with smart meters

Electricity generation up 6% in June quarter amid uptick in demand

Pan-India installed capacity at the end of June 2019 stood at 357.87 Gw

Andhra govt asks all wind power developers to stop power production

The state government notified all power units that they are curtailing wind power procurement by 100 per cent

Power for growth

The weak state of discoms is a big risk

India's power production to grow 5-6% in FY20 on new household demand

The country's total power production grew by 5.1 per cent to 1,375 billion units in FY19 against 5.3 per cent rise in FY18