Page 36 - Power Sector

Best of BS Opinion: Coupling of power exchanges, regulatory overkill & more

Here's a selection of Business Standard opinion pieces for the day

Maharashtra Minister asks state utility to add 2,000-MW unit near Mumbai

In the aftermath of the massive power outage in the financial capital, Maharashtra energy minister asked state-run power generation firm to add gas-based capacity of up to 2,000 MW in vicinity of city

CIL coal supply to power sector drops 10% in 1st half of FY21 to 198 MT

The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the country

Power consumption up 11.45% in October driven by industrial activity

The extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month

How Jharkhand's rich households corner power subsidies worth Rs 300 cr

Jharkhand's electricity consumers received a total subsidy worth Rs 1,250 crore ($170 million) during April 2018-March 2019 (or financial year 2018-19)

Weekly economic indicators: Power, freight numbers up; traffic holds steady

Economic recovery on even ground even as government announces fresh stimulus

Recovery tracker: Power, freight indicators show strong gains over 2019

Many of the macroeconomic indicators that track broad activity, such as gross domestic product, are released with a lag.

Clearing dues from the government

The release of pending dues from statal entities can itself be a fiscal stimulus

Piyush Goyal holds discussions with top leadership of coal and power sector

Goyal held a meeting with top leaders of the coal and power sector to ensure consolidation of the coal business of Railways and to suggest ways to further improve the joint operational productivity

Goyal meets top brass of coal, power sectors to consolidate rlys' coal biz

Coal accounts for almost 50 per cent of the freight of the railways

J&K govt to raise Rs 11,000 cr to liquidate liabilities in power sector

The decision was taken at the meeting of Jammu and Kashmir Power Corporation Ltd''s board of directors (JKPCL)

Power major DVC moots 1,776-MW floating solar projects to add capacity

State-owned thermal power major Damodar Valley Corporation (DVC) will focus only on solar projects to add capacity, a top official said. It has already mooted 1776-MW floating solar projects in four of its dams in West Bengal and Jharkhand, the two states that jointly own the corporation along with the Union government. DVC has finalised a 50-MW solar project at Panchet (West Bengal), the tender for which has been floated, he said. "We will execute 1776-MW floating solar plants in the four dams of Maithon, Tilaya, Konar and Panchet. The project will be executed in three phases and the first will be of 50MW," DVC member secretary Prabir Kumar Mukhopadhyay told PTI. He said the company has zeroed in on the L1 bidder for the Panchet project and the work order will be finalised in early October. The feasibility study of the solar projects, which are likely to utilise about 15 per cent of their capacities, was carried out by the Solar Energy Corporation of India. Mukhopa

Just 2 papers for power connection: Govt drafts easier, user-friendly rules

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

Hits trump misses in power firms' $4.4-billion acquisition spree

Acquisitions by Tata Power, Adani Power & JSW Energy were profitable in FY20

REC seeks shareholders' nod to raise borrowing limit to Rs 4.5 trillion

"The consent of the Members is sought for increasing the borrowing limit from Rs 3.5 trillion to Rs 4.5 trillion to cover the further requirement of borrowings," as per the AGM notice

Centre, states to share cost of Rs 3-trillion discom reform scheme

Umbrella scheme to include grants for schemes of IPDS, DDUGJY, and have loss-reduction targets

India's power output falls for sixth straight month in August, show data

In the second half of August, electricity generation declined 4.5%, compared with a 2.6% increase during the first fifteen days of the month.

GDP data: No surprises here; need different policy measures to stem the rot

The only sector to show growth is agriculture, while the government sector disappointed with public admin de-growing by 10.3 per cent

Energy companies go green, change tack from coal to renewables

Covid has brought to fore the need for sustainable development. A two-part series examines the shift in energy sector

Coal India's fuel supply to power sector drops about 20% in April-July

State-owned Coal India's fuel supply to the power sector registered a decline of 19.5 per cent to 126.30 MT in the April-July period of the ongoing fiscal in the wake of slump in coal demand