Anupam Chatterjee
Air Conditioners to burn up your electricity bill by 2030
Electricity consumption forecasts reveal air conditioning to have larger share; new loads as EVs, cooking appliances to rise.
With rise in demand, discoms have realised benefits of power trading: Satyanarayan Goel, CEO, IEX
Satyanarayan Goel, CEO, IEX, speaks to FE's Anupam Chatterjee about the changing dynamics of electricity trade in spot power markets with the advent of renewable energy and other disruptions.
Discoms’ dues to IPPs cross Rs 36,260 crore, delayed payments for power sold are adding to the woes of stressed projects
Delayed payments for power sold are adding to the woes of stressed projects, most on the verge of insolvency
Coal stocks in a third of NTPC plants close to nil
As on November 12, six major NTPC power plants, with a combined capacity of 12,480 MW, have fuel stock of ‘zero’ days, data from the Central Electricity Authority show.
Milestone! 10% of India’s total electricity output now comes from renewable power
Despite a slowing of the pace at which solar power projects are being built owing to tariffs plunging to levels unviable for the developers, the country has crossed a milestone on the renewable energy front.
Power demand up: Coal stocks at mines at a 5-year low
Imports, reined in after FY15 surge, rising again though a big price differential prevents it from skyrocketing.
India needs to tap Hydro Power’s potential; here’s what should be done to remove hurdles
The north-eastern state of Arunachal Pradesh best represents this scenario, having a mere 118 MW of installed capacity compared to a potential 50,000 MW.
Lifeline for Tata, Adani, Essar units; Supreme Court allows renegotiation of agreements
The court said its April 2017 order denying compensatory tariffs to these plants won’t come in the way of implementing the fuel cost pass-through and other measures recommended by a high-level committee to salvage the units
NTPC changes tactics; PPA no longer priority project acquisition in NCLT
As many as 34 power assets with a capacity of 40,130 MW are seen to be heading to the National Company law Tribunal (NCLT), owing to the RBI’s February 12 circular which had compelled banks to resort to the IBC if defaultin
Saubhagya scheme: Key states making slow progress on meeting targets
Most major states need to significantly ramp up their speed of connecting households with power if they want to meet the government’s 100% household electrification target within the deadline of December 2018 under the Saub
ISA assembly okays $9-m annual budget
The first assembly of the International Solar Alliance (ISA) provisionally approved the prospective annual budget of $9 million for calendar years 2019 and 2020.
Data to drive demand for automation in India, says executive vice-president of Schneider Electric
In the last 20-25 years, global energy management and automation firm Schneider Electric has established itself as a B2B brand in the domestic power sector.
No takers for solar power? Power minister warns that states are not buying even at lowest rates!
Since “states are not very keen on purchasing” solar power even at the lowest price discovered of Rs 2.44 per unit (wind tariff are higher at Rs 2.76 per unit under latest auction), the country’s installed renewable ene
ISA can help Indian firms build solar projects in Africa: RK Singh
Indian companies can use their experience of setting up off-grid solar power plants in the country to emulate the same in Africa through the International Solar Alliance (ISA), power minister RK Singh said.
Seeks insolvency process: ICICI Bank moves NCLT against Essar Power MP
ICICI Bank has moved the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Ruias-promoted Essar Power MP that runs the 1,200-MW Mahan plant.
More solar panels! Rooftop energy creation goes up in 2018, new players enter market
China-based module manufacturing behemoth Trina Solar recently launched its rooftop solution product in India.
Gujarat discovers Rs 2.44/unit solar tariff in latest auction
The latest reverse auction for 500 MW capacity of solar power in Gujarat has discovered tariff of Rs 2.44/unit, matching the lowest-ever rate in the country for the fourth time after it was first found in May 2017 for Rajasth
UDAY discoms: AT&C loss reduction lags target despite 15% cap for March-end
Delayed payments by public entities, staggered release of subsidies, Saubhagya drive keep losses high.
Four states show interest in buying power sans PPAs
Four states — Telangana, Bihar, Tamil Nadu and Haryana — have evinced interest to buy power under a government scheme to promote purchases from plants without power purchase agreements (PPAs), sources said.
Power NPAs: Relief to 1 project, 4 more join SC plea
The Madras High Court on Monday gave temporary impunity to RKM Powergen’s 1,440 MW stressed power unit at Chhattisgarh from any action under the Reserve Bank of India’s February circular that seeks to fast-track insolvenc
Stressed power assets: REC asked to remodel Pariwartan ARC
The Pariwartan scheme provides for a transitory warehousing of the viable lot of the stressed power assets and safeguarding the value of these assets from any immediate distress sale under the Insolvency and Bankruptcy Code.
No conflict of interest in PGCIL taking part in competitive bidding, says PGCIL chairman and managing director
Power Grid Corporation of India (PGCIL) transmits over 50% of electricity generated in India through its 1.5-lakh-km circuit transmission lines.
Indian Railways’ cheap fares make your electricity tariffs high; here is how
Unit cost of electricity goes up by an average 10 paise owing to the high freight rates of Indian Railways, a study has revealed.
JSW Energy revises offer for Prayagraj’s Bara plant
Against Resurgent’s offer of Rs 6,086 crore, JSW has agreed to pay about Rs 6,200 crore for the power plant
Regulatory delays: Power ministry asks CERC to speed up clearing dues
Regulatory dues amounting to Rs 18,000 crore are yet to be paid to power companies. The ministry’s directive, if complied with, will help the resolution process and make some stressed units more attractive to potential buye
RBI’s February circular: Allahabad High Court refuses relief to power assets
Banks say recast plan ready for 7-8 projects, insolvency route for some two dozen, up to 70% haircut seen.
RBI stands firm: ‘Power sector has chronic defaulters’
The Reserve Bank of India (RBI) on Monday informed the Allahabad High Court that the industry had seen many “chronic defaulters” much before its contentious February circular.
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