The decline is equivalent to losing the entire energy demand of India, the world's third-largest energy consumer
Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.
March performance is worst in current series
The company's total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period
Costs unlikely to fall; does not bode well for earnings
The package may also include steps like directions to the state and central power regulators to reduce electricity traiff, the source sai
Sector experts believe the double trouble is likely to stay for the next three quarters and could hurt the supply chain from coal to power despatch.
On the cards: Private power distribution franchisees, new Electricity Contract Enforcement Authority for resolution of disputes relating of contracts for sale and purchase of power
The inherent weaknesses of India's power sector are getting exacerbated in this scenario
Its pre-pandemic crisis is likely to worsen with the prolonged lockdown unless the government offers some vital concessions
Wants coal companies to discontinue charging any premium or incentive on bridge, flexi or long-term linkage coal being availed for 2020-21 or at least for the next six months
The power grid at national and at regional level did not face any glitch, as was being feared
Power sector on alert to manage any drastic drop in demand
To ensure steady availability of power in case of sudden ramping up or down, hydro and gas run power stations have been asked to be on standby.
Feb recorded second straight month of demand uptick across the country
PPAs are typically of 25-30 years duration. The ministry is designing a policy paper to dwell on the alternative for long-term PPAs.
India Ratings and Research (Ind-Ra) has revised the power sector outlook to negative for financial year 2020-21 (FY21) from stable
Prepaid smart metering is only a tool, not the solution to the power distribution sector's woes
Senior officials of the power ministry are meeting all stakeholders, including executives of NTPC, distribution companies, and banks, in New Delhi on Friday to take a call on the new govt scheme
The Energy Resource Institute (TERI) on Wednesday said state-run engineering firm BHEL has won the bid for installation and maintenance of battery energy storage systems (BESS) worth Rs 2.51 crore. "BHEL emerged as best supplier of battery and associated equipment in a tender recently floated by TERI for installation and maintenance of battery energy storage systems (BESS)," a TERI statement said. According to the statement, BHEL has offered 410 kilowatt-hours (kWh) of cumulative battery capacity for a total cost of Rs 2.51 crore, including six years of comprehensive warranty and maintenance. There are very limited tenders of BESS in India so far and the responses to this tender have been received from reputed companies such as Larsen & Toubro, Mahindra Susten, Hero Solar, Honeywell Automation, Amara Raja, Okaya Power etc, it said. This level of interest from prestigious organisations in the tender signifies the transition of electricity distribution grid with increasing ...