Anupam Chatterjee

UDAY scheme impact: Now, complacency to cost electricity discoms dear

If the state governments still wanted to keep electricity subsidies, they should give these to the intended beneficiaries via the direct benefit transfer (DBT) route, rather than burden the distribution companies (discoms) by making them the transfer agents, power minister RK Singh said.
Peril of import taxes clouds bidding for solar projects

Imported solar modules are 8-10% cheaper than those made in India, making them vital for cheap renewable power
NTPC to float tenders to meet FY19 capacity addition target

To meet its FY19 capacity addition target of 5,000 MW, state-owned power producer NTPC is coming up with tenders to build for more than 2,900 MW of generation units in this quarter.
High tariffs: Gujarat cancels 500-MW solar auction

GUVNL had informed the potential bidders in advance that additional costs (assorted duties and cesses) were not liable to be passed through — a reason, experts claim, why bidders were extra-cautious and refrained from the aggression observed in previous solar auctions.
Power out! Narendra Modi government’s UDAY obligations start to bite into states’ finances

The state governments in aggregate were expected to revert to well below 3% fiscal deficit in FY18, but an analysis by FE of 19 state budgets presented recently suggests they may not have.
Relief to industry: Wind power prices firm up to Rs 2.51

Electricity tariffs discovered in the latest reverse auctions conducted by the state-run Solar Energy Corporation of India (SECI) for 2,000 MW of wind power have brought relief to the industry.
Delayed subsidies main reason for UDAY lapses, say discoms

State-run power distribution companies have attributed their failure to meet the performance targets set under the Ujwal Discom Assurance Yojana (UDAY) to delays in disbursal of subsidies by the state governments.
Coal India defers new pricing methodology

Coal India Ltd (CIL) has put in abeyance implementation of its new coal pricing methodology “till further advice” after customers pointed out that the new regime should be introduced only after the state-owned coal behemoth has the requisite supporting infrastructure.
Scrapped captive coal mines: Production around half the Financial Year 2015 peak

Only 89 of 204 blocks cancelled by SC in 2014 reallocated; production delayed in 61; investor interest absent, so no fresh bidding.
Emission norms: How money is the fuel thermal plants lack

After the failure to meet the two-year deadline set in December, 2015 for compliance with new emission norms, power plants have been directed by the Central Pollution Control Board to meet the revised norms by 2022.
Hydro power policy 2018-28: Government funding declines 34 pct

The government has revised downwards the proposed size of the Centre’s funding of hydro power projects by way of 4% interest subvention by 34% to Rs 11,049 crore for the 2018-2028 period.
We will have 1,00-MW solar module capacity in 5 years, says MD of Jakson Group

Jakson Group, which has been a familiar name in the genset manufacturing business, is diversifying into solar manufacturing and electrical EPC segments.
Power plants crisis: Let Gujarat supply coal to troubled state’s three units, says SBI

Lead lender for Mundra units of Tata and Adani, and Essar’s Salaya plant also suggests tariff hike with discom’s consent.
Power minister RK Singh to meet industry leaders on new RBI norms

Power minister RK Singh will meet the heads of 25 independent power producers (IPP) and the CMDs of NTPC, PFC and REC on Friday to discuss issues faced by the sector.
Narendra Modi’s Saubhagya Scheme kicks off on impressive note, but two major programmes languish

Even though the government’s household electrification programme (Saubhagya) has kicked off on a relatively encouraging note — 26.3 lakh households have got electrified under this since its launch in September 2017.
Falling tariffs, 100-GW target, hope of demand growth boost solar capacity

The country aims to achieve the target of 175 GW (100 GW solar, 60 GW wind, remaining from small hydro and other sources) installed renewable power capacity by FY22.
Power Pipeline: Over 20,000 MW of projects face an uncertain future

Lack of PPAs, coal linkage add to overcapacity woes as costs balloon from Rs 1,85,000 cr from Rs 1,45,000 cr
Want to be one of the top three players in retail in next 3 years, says Srinivas Shanbhogue of Schneider Electric India

Global energy management and automation giant Schneider Electric has been gradually getting into the retail space in the country.
UDAY: Discoms’ AT and C losses rise again

After UDAY was implemented in November 2015, AT&C losses at the national level had fallen 1.8 percentage points to 23.9% in FY16.
20 percent cross-subsidy cap: Industrial power cost to reduce by 14-20 percent

Move to disallow AT&C losses above 15% in tariff orders threatens to add Rs 32,000 crore per year.
70 pct safeguard duty on solar cell imports splits industry

India’s production capacity for solar cells stands at 3.2 GW and that for modules at 8.5 GW. Given the targets set by the Centre, prioritising the ‘Make in India’ policy could thus hamper the green energy mission.
Budget 2018: Corporate tax cut to boost Make in India

Budget 2018: The reduction in corporate tax for medium, small and micro enterprises (MSMEs) with a turnover of up to Rs 250 crore is likely to galvanise the government’s Make in India initiative.
Budget 2018 expectations: Renewable energy industry wants tax cuts, more funds from Arun Jaitley

Budget 2018: The expectations of the renewable energy industry from the Budget includes extra capital allocation, discounts on taxes and duties, mechanism for timely payment from discoms and a support system for start-ups.
Power plants protest gas auction, seek allocation

A few gas-based power plant producers have expressed their concern over the government’s latest call for tenders for exploring offshore oil and gas from 55 blocks.
New Indian Railways coal freight rate is good news for power producers; here is why

The latest decision by the Indian Railways to rationalise the tariff structure for coal transportation is expected to benefit independent power producers (IPPs) with a generation capacity of about 22,000 mega watt (MW).
NTPC wants more coal as stocks hit critical levels

In a letter dated January 12 addressed to the secretary of the power ministry, Gurdeep Singh, CMD, NTPC, said the supply shortage “is leading to generation loss on account of coal”.
Powering down: Most discoms miss key UDAY targets for FY17

In what seems a throwback to history, only six states and one Union Territory among the 31 that had signed up since November 2015 for the power discoms’ revival scheme Ujwal Discom Assurance Yojana (UDAY) have reported meeting the respective FY17 targets to reduce aggregate technical and commercial (AT&C) losses.

Budget 2018

Horoscope: By Peter Vidal

Today ( 23 Apr )This Week ( 22 Apr - 28 Apr )

Anupam Chatterjee

latest News

Industry Sectors

FROM THE PRINT

MORE