Page 31 - Power Sector

The highs, hurdles and grey areas in Adani's green energy dreams

Despite a $20-billion investment announcement in renewable power, the group is yet to commit to a net-zero investment in coal, and analysts question its debt burden

Stocks of Indian power producers rally as electricity demand rises

Tata Power rose by as much as 9.6% to an nearly 14-year high, while Torrent Power, another private power producer, rose to a record.

Fuel supply by Coal India to power sector rises 11% in August

Fuel supply by state-owned Coal India Ltd to the power sector rose by 11.4 per cent to 38.61 million tonnes last month, official data showed.

All states come on board for Rs 3 trillion discoms reforms scheme

States have been given till December to submit loss reduction plan; many of them will do so by October, says power minister

China's overseas coal power retreat could wipe out $50 bn of investment

President Xi's announcement could impact 44 projects in Asia, Africa

Water stress poses credit risks for coal, mining and power sectors: Moody's

Water management is among the top environmental risks for countries and sectors in Asia, according to Moody's Investors Service.

CIL steps up supply coal to power sector; per-day average 20% higher

State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an average of 1.39 million tonnes (MT) per day

India's power consumption up 5.45% at 27.41 bn units in first week of Sept

India's power consumption grew 5.45 per cent in the first week of September to 27.41 billion units, showing consistent recovery after easing of lockdown by states, according to power ministry data

Power giant NTPC to raise Rs 3,000 crore via bonds on September 13

State-run power giant NTPC on Thursday said the company has decided to raise Rs 3,000 crore through issuance of bonds on a private placement basis on September 13.

RE capacity bidding: Power sector CPSUs to get nod based on balance sheet

The Union power ministry has decided to give in-principle approval at the beginning of a year for the CPSUs under it to bid for pre-determined renewable energy capacities based on their balance sheet strength. The decision was taken during a meeting chaired by Power Minister R K Singh on an action plan for enhancing the investment by power sector Central Public Sector Undertakings (CPSUs) in renewable energy projects on Tuesday. "A meeting to discuss the action plan for enhancing the investment by power sector CPSEs in renewable energy projects, was held under the chairmanship of R K Singh, Union Minister of Power & NRE yesterday," the ministry said in a statement on Wednesday. Representatives of all hydro CPSUs, NTPC, MNRE (Ministry of New & Renewable Energy) and SECI (Solar Energy Corporation of India) were present at the meeting. According to the statement, it was decided that in-principle approval would be accorded to CPSUs of the power ministry for bidding of renewable ...

Hidden costs of renewable power in compulsory purchases of RE for discoms

The challenge at this stage of renewable power induction is to see whether the low tariffs are truly reflective of the cost that state discoms additionally pay for thermal power they are not using

Enel interested in India's power distribution market, says CEO

"We are interested because finally this big country is making it possible for private ownership of power distribution assets," CEO Francesco Starace said

Lack of planning by state governments led to coal crisis, says Centre

Discoms should improve recovery, says power secretary

India power-sector financier REC plans first loan using Libor heir

The financier's choice of a SOFR-linked loan is part of a global push by policy makers to develop new benchmarks to replace Libor by the end of 2021

From coal-based to a renewable energy-based NTPC in ten years

But the company will have to do a financial Houdini act meanwhile to make the markets keep faith in its long term story

Govt eyes Rs 45,000 cr from power transmission monetisation assets by FY25

The government aims to garner over Rs 45,200 crore through monetising power transmission assets by FY 2025 as part of its ambitious asset monetisation plan.

Centre's power reforms tied in knots amid protests by Opposition states

The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply

States oppose Electricity Bill as Centre pushes reforms in power sector

The proposed new Bill is slated to be placed on the floor of the Parliament in the current session

Power sector workers postpone one-day strike planned for Tuesday

The All India Power Engineers Federation on Monday said the electricity sector workers have postponed its plan to go on a one-day strike on Tuesday

Mamata Banerjee urges PM Modi to withdraw 'anti-people' Electricity Bill

West Bengal Chief Minister Mamata Banerjee on Saturday shot a letter to Prime Minister Narendra Modi, urging him to refrain from proceeding with the legislation