Power from projects commissioned in the next one-year period will be liable to pay 50% ISTS charges, and electricity from renewable energy plants coming online between July 1, 2027 and June 30, 2028 will attract 75% ISTS char
The mission document, reviewed by FE, pointed out that if levies such as GST compensation cess and additional duties on coal are removed, the tentative reduction on aggregate price of methanol may be in the range of Rs 1,450-
Coal is the mainstay of India’s energy mix and will remain so for a few more decades, even as its share in the mix will markedly plunge with the renewable energy and benign fuels like hydrogen set to made rapid strides.
Any delay in invitation of the financial bids could also derail the government’s disinvestment target for FY22, as such “large deals involving big investments can take 4-5 months for completion,” the source pointed out.
Tata Power currently runs 878 public EV charging points, and aims to have more than 1 lakh such charging points by FY25-end. The company is mainly pursuing three channels to materialse its EV charging ambitions: home charging
Though captive coal still constitutes only 10.5% of the total domestic coal production, recent steps by the government such as allowing sale of 50% captive coal in the open market will likely encourage these miners to ramp up
Currently, IPPs have to make full payments for coal in advance, while there is no penalty for coal companies, including Coal India (CIL) and the railways, if the desired quantity and quality of coal does not reach private gen
Also, since most of the LNG imports are carried out under long-term contracts at predetermined prices, the surge in end-prices in the country are much lower than the rise recorded in global spot prices.
Amid rising demand and low coal stocks in its power plants, the state has been purchasing around 45 million unit (MU) of power from the spot market exchanges where electricity prices have risen from around Rs 4.6/unit in mid-