Power Struggle: Discom PPAs go for a toss, now Punjab set to cancel a few
Of the total installed power generation capacity of 14,362 MW in the state, 6,902 MW are run by private firms. Major private plants in the state include L&T’s 1,400 MW Nabha and GVK’s 540 MW Goindwal Sahib projects.
Global standards for the carbon market to help in India’s sustainable goals: Mahua Acharya, CEO, Convergence Energy Services
There will likely be an agenda to make a global rulebook for carbon trading across the world. A lot of negotiations are needed to build a consensus among all the nations on this topic.
NTPC offers to sell power directly to India Inc
NTPC traditionally supplies power directly to discoms, mostly under long-term power purchase agreements (PPAs). This is the first time the company is offering to sell power to corporates and industrial consumers on an open ac
Nuclear power has an important role in climate change equation: GE
From India’s point of view, nuclear will play an important role. Massive renewable capacity is being added in India and the pace of capacity addition of fossil fuel based plants is slowing down.
Discom losses down 38% in FY20; may have risen in FY21
Analysts expect the losses to have risen again in FY21, owing to the pandemic disrupting the reform process that induced a certain discipline among these entities.
Power plant maintenance not keeping pace with demand surge
In the ongoing fiscal, maintenance outages are scheduled for 51,990 MW of power generating units. The upkeep of power plants become more critical with power demand surging to record levels, surpassing 2,00,000 MW in the recen
Punjab’s Talwandi Sabo plant to get high-grade coal from CIL
The fuel from MCL are of lower grades with calorific value between 3,400 – 4,000 kilo calorie per kilogram (kcal/kg), while coal from ECL mines mostly have higher calorific value between 6,100 – 6,700 kcal/kg.
Delhi doesn’t want power from Dadri plant, says regulator
The effective cost of power from the Dadri-I plant comes to Rs 6.50/ unit, making it one of the costliest power stations providing electricity to the National Capital Region.
Discoms can choose to discard plants, govt clarifies
The clarification makes it easier for Delhi’s discom BSES to de-allocate its share of electricity from NTPC’s Dadri-I unit, and sends assuring signals to other discoms in the country which also hope to exit costly PPAs wi
Power Play: Govt may not allow BSES to exit PPA with NTPC
The right to allocate or de-allocate power from plants owned by CPSEs lies with the Central government, so the CERC order can take effect only with its consent.
NTPC, ONGC plan mega offshore wind project investments
In May 2020, NTPC and ONGC had signed a memorandum of understanding to set up a joint venture company for renewable energy business. NTPC has doubled its renewable energy target to 60,000 MW by the end of 2032.
CPSE capex: Decent show despite 2nd Covid wave, firms aim to meet FY22 target by December
The combined capital expenditures by 40-odd large CPSEs and departmental undertakings – all with annual capex budgets of above Rs 500 crore – are estimated to be Rs 6.3 lakh crore in FY22, an increase of 37% on year.
Massive green push: Reliance Industries to invest Rs 75,000 crore in 3 years
“Reliance will establish and enable at least 100 giga-watt (GW) of solar energy by 2030,” Ambani said. India has set a target to raise renewable energy capacity to 450 GW by 2030 from 95 GW at present.
Green power: UP discom asked to pay Rs 7,245 crore
Solar power tariffs reached a record low of Rs 1.99/unit in December 2020 under auctions held by Solar Energy Corporation of India (Seci) in Gujarat. In November 2020, a tariff of Rs 2/unit was discovered in Seci’s solar au
Power load: Smart AC in works for post-Covid era
Given the pandemic experience and growing power demand, an EESL initiative is seeking to improve safety and efficiency in air-conditioned public spaces
Andhra Pradesh’s solar plans hit as HC cancels 6,400 MW auctions
Ruling on Tata Power's plea; attractive tariffs were discovered in Feb auctions
Renewable auctions haven’t lost steam despite pandemic: Sumant Sinha, senior vice president, ASSOCHAM
Each state and discom has its own preference and way of working. Some state discoms have accessed the loan package announced by the central government and made payments to various generators, while others are still deciding.
Sembcorp eyes buying renewable assets to grow India portfolio
The company operates in the country through Sembcorp Energy India (SEIL), which currently runs 4.8 GW of power generation assets in the country entailing an investment of about Rs 35,000 crore, comprising 2.6 GW of thermal pl
Interview | Terje Pilskog, EVP, Scatec: ‘Retrospective tariff revisions are not investor-friendly’
The country is targeting a significant growth in renewable energy capacity by 2030 and is a key growth market for renewables.
Interview| PLI to help India catch up with storage manufacturing race: Rahul Walawalkar
ahul Walawalkar, president of the India Energy Storage Alliance, tells FE’s Anupam Chatterjee he believes the scheme can provide the right platform for the industry to turn India into a global storage manufacturing hub. Exc
Dues & disputes: IPPs seek larger loan facility for discoms
Overdues to private power companies up 8% at April end despite PFC-REC loan facility
Power Crisis: Despite PFC-REC loan, discoms’ dues rise 8% at April-end
Invoices cleared in the month in April was still 76% higher than the value of bills paid in April FY21, thanks to PFC-REC loans received by dicsoms under the Rs 1.25-lakh-crore liquidity infusion scheme announced by the Centr
Norway’s Scatec buys 50% in Acme’s 900-MW solar project in Rajasthan
Acme will be the turn-key engineering, procurement and construction provider with scheduled completion in 2022, the statement added. The deal marks Scatec’s foray in India’s renewable energy space and expects the country
Solar auction: UP does an AP, denies bidder rights
Developers to move tribunal against state renewable agency's move, appeal to PM
Actis-backed Sprng Energy wants to cancel 100 MW wind power purchase agreement with SECI
Although the company, in its petition to the CERC, has not specified the project for which it wants to cancel the PPA, industry sources said the matter pertained to the 100 MW wind farm Sprng was to build in Dhar district of
Power industry seeks relaxation of fly ash disposal norms
Over 25% of fly ash produced from power plants is used by the cement industry. Bricks and tile makers consume about 10% and another 10% is utilised for making roads and flyovers. More than 5% of the fly ash is used for the re
Solar auction winners fret over ‘red tape’ in UP as input prices surge
According to the tender document, the letters of intent (LoIs) from the state government were supposed to be released within three months after the completion of the auctions.
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Top News
- Sebi allows AMCs to offer instant access facility in overnight mutual fund schemes
- Centre's fiscal deficit touches 18.2 pc of annual target at end of June
- India-China LAC issue: Stage set for 12th round of talks on Saturday
- Eight core sectors' output up 8.9 pc in June
- Corona LIVE: Trajectory of Covid cases registering sustained, considerable decline after May peak, says Govt; Kerala reports 20,772 new cases
- Bears pull Sensex, Nifty lower in dying hour of trade; here's what experts make of today's session
- PlayStation 5 versus Xbox Series X: Seagate storage expansion card tips the scales in Microsoft's favour
- 10 private banks offering the highest FD returns for tenures up to 5 years
- Google Play Store revises content policy, places ‘sugar dating’ apps under ban
- Ex INDRA: After navy, Indian Army contingent leaves for Moscow for counter terrorism exercise
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