The power ministry on Monday said it has mandated all electricity distribution utilities or discoms to comply with the Energy Conservation (EC) Act, 2001, which would reduce energy losses
India's power consumption grew 13.38 per cent to 110.94 billion units (BU) in October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data. Electricity consumption in the country was recorded at 97.84 BU in October 2019, showed the power ministry data. Experts earlier last month had exuded confidence that the power consumption would grow by double digits in October on the basis of the extrapolation of half-month data. The power consumption had grown 11.45 per cent to 55.37 BU during October 1 to 15, against 49.67 BU, in the corresponding period a year ago. A double-digit growth in power consumption in October, experts said, gives sufficient indication that commercial and industrial demand has perked up with with easing of lockdown restrictions and will improve further in coming months. The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards
Invocation of tripartite agreement with Jharkhand strains ties further
The extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month
Power regulator CERC has advised Union Ministry of Power against jurisdictional overreach in framing regulations for the power sector that infringes the substantive functions of the Central Commission
A central team comprising officials from CEA would be sent to Mumbai to study the power breakdown in the city on Monday and assist the state government in finding solutions
The SBD will be the guiding document for the state governments which might want to offer their discoms to private companies
Power Minister R K Singh on Thursday inaugurated basic infrastructure projects of Rs 6.99 crore in Bhojpur district of Bihar, an official release said on Friday
Among a slew of consumer-centric rules, the ministry has proposed to give those who have set up rooftop units or solarised their irrigation pumps the right to produce electricity for self-use
Power producers' total outstanding dues owed by distribution firms rose over 36 per cent year-on-year to Rs 1.29 trillion in July 2020, reflecting stress in the sector.
The Delhi Electricity Regulatory Commission (DERC) announced the new tariff on Friday, saying no hike was considered due to the COVID-19 pandemic
Power Minister R K Singh has proposed renewable purchase obligation (RPO) mechanism for round the clock (RTC) renewable energy, which will promote storage of electricity in the country
Power ministry has advised power generation and transmission firms to levy the late payment surcharge on discoms at not more than 12% in view of the stress in the sector amid Covid-19 pandemic
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.
Customs duty on Chinese solar gears, low cost finance to those using Indian goods
India does not now levy a customs tax on imports of solar cells and modules, most of which come from China
The new amendment has capped the 'per unit cost' of electricity to be used for charging an EV at a public station
This has placed Indian electricity market amongst a league of few electricity markets in the world, which have real time market, he said
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.
Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies