Page 15 - Power Ministry

Buy power here, get it in 1 hour: R K Singh launches real-time power market

This has placed Indian electricity market amongst a league of few electricity markets in the world, which have real time market, he said

Power minister R K Singh asks Rs 3 trillion from finance commission

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.

Rs 90K cr package to provide only temporary relief to discoms: Ind-Ra

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

Revised tariff policy to be rolled out within a month: Power Minister

The revised tariff policy provides for penalty for unscheduled power cuts, except in the case of technical faults or act of God

Urge all states to take special loan, pass benefit to consumers: R K Singh

Minister of state for power says soft loans at 8-10% interest rate being given to discoms to help them pay dues

Ministry wants power plants to keep buying coal despite weak demand

Electricity consumption slumped 21.3% in the first two weeks of the lockdown ended April 7, compared with the first three weeks of March, according to government data

Discoms obligated to pay for electricity within 45 days: Power Ministry

As per the relief granted last month, the distribution companies will need to either deposit or give Letter of Credit (LoC) for 50 per cent of the cost of power they want to buy

When you switch off lights tonight, here's what Power Min wants you to do

The total domestic lighting demand at an all-India level is estimated at 12-13 GW, which is 10 per cent of the country's total power demand

Centre to relook long-term power sale pacts between generators and states

PPAs are typically of 25-30 years duration. The ministry is designing a policy paper to dwell on the alternative for long-term PPAs.

Power Ministry flags concerns over divesting govt stake in NTPC, PowerGrid

Presently, the govt owns 54.14% in NTPC, 54.96% in PowerGrid and 55.99% in PFC.

Power Minister dedicates 11 renewable energy management centres to nation

Singh also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a function

Budget 2020: 100% smart prepaid metering trips on target and funds

Power ministry has been planning it for two years, but with limited success

New scheme for power distribution firms likely in Budget, says R K Singh

The minister said benefits under the new scheme would be disbursed if discoms stick to their trajectory for loss reduction

PFC lists $750 million bonds at NSE IFSC; increases foreign borrowing

Looking at resolving 4 more stressed power assets this fiscal

Power Min seeks more time for coal plants to install emission cutting tools

The environment ministry will take the final call on the power ministry's proposal

Poor response from states: Auction to procure 2.5GW electricity scrapped

According to sources, lack of interest from state power utilities due to a higher tariff of Rs 4.41 per unit discovered through the reverse auction process led to the cancellation of the auction

Power min unveils norms for allocating coal linkage to plants without PPAs

For this purpose, the power ministry on Monday issued the methodology for the same

Power ministry has asked states to lower tariffs for discoms: R K Singh

Earlier this year, the government has taken steps such as mandatory issuance of letter of credit to generating companies by discoms and single-day payment

Finance panel may reject Rs 835-bn package to help fight air pollution

Emissions from power plants are one of the biggest causes of the chronic smog now seen in New Delhi

Not all state power distribution cos see financial benefit in smart meters

A smart meter has a modem (communication device) and a remote switch by which demand, supply and billing can be monitored and controlled remotely