Maharashtra, Tamil Nadu oppose advance power payments
State-run electricity distribution companies (discoms) of Maharashtra and Tamil Nadu have opposed the central government panel's recommendation to make advance payments to power producers.
Big game-changer! How floating solar power may help Modi government realise its renewable energy dream
Given RE ministry’s plan to create 10-GW capacity, agencies and states are moving to install plants on hydel reservoirs
Cairn to invest $1.1 billion in Barmer oil fields
“The ASP projects is the result of seven years of research and the pilot study has recently been concluded in March, 2019,” said Ajay Kumar Dixit, CEO, Cairn Oil and Gas. “It will also increase the recovery factor to mo
Andhra Pradesh’s dues to state discoms pile up, hit Rs 2,100 crore
The FY19 losses of Andhra Pradesh discoms were Rs 1,563 crore which the newly elected state government has attributed to “high cost renewable energy purchases”.
Coal ministry rejects Niti Aayog’s proposals on raising mining output
Power minister RK Singh has written to his coal counterpart Pralhad Joshi, emphasising the need to create open coal market which, in turn, will facilitate an open power market.
Solar cell makers urge Centre to source only from them for Kusum scheme
The imposition of the safeguard duty in July last year on solar imports from China and Malaysia and ‘developed countries’ has not done much to domestic manufacturers.
Debt servicing: Govt cuts tax burden on stressed power plants
Ten power plants had won 25-year coal linkages of 27.2 MTPA in the first round of Shakti auctions where bidders quoting the highest discount to its existing tariffs were allowed to choose their preferred source of coal supply
India will have to double hydropower capacity in a decade, says NHPC CMD Balraj Joshi
The new policy also categorises hydro power as renewable energy, which would open the access to cheaper green financing from global institutions, which would result in cheaper tariffs.
Government pushes for open coal market
he power ministry feels that power producers should be able to buy coal from open markets at competitive prices and power purchase agreements (PPAs) should not be a precondition for getting access to coal, said the sources.
Energy projects: Govt plans Adarsh scheme to put mining on track
According to official documents reviewed by FE, the initiative comes under the ‘Agrim Districts for Accessing Resources Sustainable and Harmoniously’ (Adarsh) scheme, which is being planned by the government to meet the r
Sustainable energy climbing up the corporate agenda: Andrew Hines, co-founder, CleanMax Solar
Andrew Hines, co-founder, CleanMax Solar, a solar developer, tells FE’s Anupam Chatterjee how the company plans to tap this trend to increase its portfolio.
Uday scheme: Discoms’ losses rise 89% in FY19
Power min data shows losses last fiscal were Rs 28,369 crore, reversing declining trend in previous two fiscals.
Power-less: More transmission towers collapse as winds turn ferocious
A senior PGCIL official told FE that “upgrading all 2.75 lakh existing towers of the company based on the probabilities of high-wind events warrants significant due diligence”.
PPAs for renewables: Andhra Pradesh move to hit sector’s growth, RK Singh tells Amit Shah
The copy of the letter, reviewed by FE, warned that “if this is not corrected, the FDI will stop coming, the banks will stop financing, and the growth in the renewable energy sector will come to a halt”.
CPSU solar tender gets dismal response
The tender was the first tranche of the scheme which aims to set up 12,000 MW of solar capacity by government companies within FY23.
Our pricing could be a benchmark for future smart meter projects: Harmanjit Nagi, director and country head, EDF India
EDF is not involved in manufacturing and supply of these meters itself. Smart meters are procured by EESL and provided to EDF by a separate tender
Aptel to hear appeal against Adani Power Mundra relief
The apex court had clarified that its April 2017 order, denying compensatory tariffs to these plants, wouldn’t come in the way of implementing the fuel cost pass-through and other measures recommended by a high-level commit
Niti Aayog panel for a greater role of private sector in coal mining
The development comes with dismal levels of production by captive coal mines amid growing demand. These mines produced only 25.1 million tonne (MT) in FY19, much lower than the peak output of 43.2 MT in FY15 when the Supreme
Relief for power firms: Govt asks Aptel to crack down on ‘regulatory assets’
According to official sources, regulatory assets in Maharashtra went up 390% to Rs 12,382 crore since the Uday launch and Uttar Pradesh saw a rise of 25% to Rs 33,000 crore in this period.
Power purchase agreement: Honour contracts, don’t halt growth, Centre tells Andhra Pradesh
Andhra Pradesh, which sourced 18% of its electricity from renewable energy in FY19, plays an important role in the country’s green growth narrative, as it houses about 12% of India’s wind and solar capacity.
Industry pins hopes on new govt plan for gas power plants revival
The govt will roll out suggestions of a high-level panel where the power and petroleum ministries will jointly frame a scheme for revival on the lines of earlier e-bid RLNG scheme
Another blow to sanctity of contracts, Andhra Pradesh wants solar PPAs rewritten
The YS Jaganmohan Reddy government’s decision is the latest among the series of steps it has taken since assuming power late May to undo the decisions of the previous government led by N Chandrababu Naidu.
Budget 2019: Nirmala Sitharaman proposes easy credit availability to help MSMEs
Budget 2019: The MSME ministry, led by Nitin Gadkari, plans to spend Rs 7,011.3 crore in FY20, about 7% higher than the expenditure in FY19. Out of this, Rs 6,957.8 will be spent on various central sector schemes.
Budget 2019: Govt allocates Rs 750 crore for pension scheme for small shopkeepers
Union Budget 2019: Government would take steps to separate the NPS Trust from the Pension Fund Regulatory and Development Authority
Adani Power gets SC relief for GMDC’s lapse too
The court asked the central power regulator to issue the relevant tariff order within three months after the power major approached it with a plea.
Power play: Discoms to gain as tariffs to soon reflect all costs
In a meeting held here on Monday to prepare a “five year vision document” for the electricity sector, power minister RK Singh is learnt to have informed the regulators of the move.
Stressed power projects await ministry implementation of Cabinet measures
The Cabinet Committee on Economic Affairs, on March 7, had approved certain recommendations of a group of ministers and a high-level empowered committee on stressed power assets
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BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
