Power and New & Renewable Energy Minister R K Singh on Thursday said his ministry has proposed to impose basic custom duty (BCD) from August 1, this year on solar equipment
Given the federal structure in the power sector, most states float tenders different from the Centre and adopt separate selection criteria, mostly tilting towards low cost.
The latest weekly figures show power generation is close to 2019 levels as industries gradually reopen.
The project is required to be commissioned within 18 months from the date of execution of the PPA
Data from Power System Operation Corporation Ltd (POSOCO) shows that coal-fired power generation alone dropped by a steeper 24 per cent
The consultancy further noted that the sector was already grappling with a series of vexatious issues over the last few years
Calculations by CEA show that by FY30, non-fossil fuel (solar, wind, biomass, hydro and nuclear)-based installed capacity will be about 64 per cent of the total installed capacity
Internet speeds are now higher than before the lockdown
Overall electricity generation fell 14.3% in May, a Reuters analysis of provisional government data showed, compared with a decline of 24% in April
In February, JSW Energy said it would acquire GMR's Kamalanga power project (1,050 Mw) in Odisha for Rs 5,321 crore.
The privatisation of distribution in Union Territories is a positive move by the government, says Prashant Jain, joint MD & CEO of JSW Energy
There is more traffic on the roads, more power being generated, the internet shows lesser signs of strain and more people may be reporting to work
Clouding the valuation will be dues to generation firms and a possible CAG audit
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.
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.
The stress in the power sector is likely to impact 25 Gw of capacity tied up in short-term sales.
Costs unlikely to fall; does not bode well for earnings
Invoke force majeure cluse, get a rap on knuckles from MNRE, which asks them to continue buying and paying for RE even during lockdown