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Anupam Chatterjee

Articles By Anupam Chatterjee

423 Articles

Power industry seeks priority in vaccination

“One of our members has reported 75 positive cases in their Chattisgarh plant recently,” the letter from APP, reviewed by FE, pointed. The Maharashtra government has already categorised all electricity distribution staff

Power consumption in the country fell 8.5% y-o-y to 625.6 BU in the first half of FY21 as industrial and commercial activities remained muted amid lockdowns.

Green hydrogen auctions, purchase obligations in the offing

Sources said plans were also afoot to make it mandatory for user industries like fertilisers and petroleum refineries to purchase 10% of their hydrogen requirements from domestic green hydrogen sources.

Apart from industrial use, hydrogen technology can also be used to store electricity and potentially to run vehicles.

Our automation strategies have got a boost in last one year: Shrikant Madhav Vaidya, chairman, Indian Oil Corp

Pushing renewables and alternative fuel options are thus key to our agenda. Our R&D establishment has been exploring solutions for clean, renewable energy. In this context, hydrogen has great potential to emerge as the most s

Shrikant Madhav Vaidya, Chairman, Indian Oil

Terms of payment: Private gencos want Coal India Ltd to stop ‘favouring’ govt firms

At the end of February, receivables of CIL from power plants stood at Rs 25,013 crore, of which dues from IPPs were Rs 176 crore.

Receivables from NTPC were around Rs 5,550 crore and DVC was Rs 4,145 crore while the dues of the state gencos of Maharashtra, Uttar Pradesh and West Bengal were at around Rs 3,446 crore, Rs 2,965 crore and Rs 2,794 crore, respectively.

We will end the fiscal by meeting our capex target: NTPC CMD

Our capital expenditure was impacted in the first few months of Covid-19, when the lockdown was in force. With the easing of curbs by the government, our capital works picked up momentum.

Gurdeep Singh

Five states to receive second tranche of PFC-REC loan

The major beneficiaries which have been sanctioned loans under the scheme include Tamil Nadu (Rs 30,230 crore), Uttar Pradesh (Rs 27,432 crore), Maharashtra (Rs 14,310 crore), Telangana (Rs 12,652 crore), Karnataka (Rs 7,247

money

Determined push to power reforms

Grants under Rs 3.1-lakh-cr scheme to become loans if targets are unmet, Bill to allow multiple discoms in same area in current session

Also, to prevent new players from cherry-picking lucrative supply circles, the states will have to create a ‘cross-subsidy fund’ so that discoms do not get undue advantages owing to higher composition of industrial and commercial consumers in their respective areas, Singh said.

Premier Energies bets on domestic content to add solar module capacity

Hyderabad-based Premier Energies has invested Rs 430 crore to increase its module manufacturing capacity to 1,500 mega-watt (MW) per year from its current base of 500 MW.

The railways, through RBI, shall open an LM in favour of the solar power developer.

Run-up to polls: Private gencos want Tamil Nadu to clear dues

However, since the scheme is designed to disburse loans in two tranches, private power producers want the state to avail the second tranche of the loan at the earliest so that the balance dues can be cleared as soon as possib

The Supreme Court being the apex court of our country has given judicial recognition to the twin pillars of the Electricity Act, 2003, viz competition and public interest.

Private power plants seek Odisha govt’s help to cut water charges

The industry body also objected against the state’s norm to increase water charges by 10% every year.

Generally, the power plants consume around 60% of the water allocated to them.

RE Integration: Gas power a way out of RE woes

Gas-based power, which can be ramped up and down quickly, unlike coal-based electricity, offers a good option for offsetting the vagaries of renewable energy

He adds, “we need all kinds of options to bridge this deficit, ranging from hydro power to natural gas to batteries, because it is just as important for the power supply to be secure as it is clean”.

CERC norms: ‘Market coupling’ mechanism for spot power market gets a leg-up

Analysts said the new regulations will help increase the share of spot power in electricity purchased by discoms and large industrial consumers.

The move is seen to dent the market dominance of the Indian Energy Exchange (IEX), where currently around 94% of the spot market transactions take place and catalyse formation of new exchanges.

Petrol, diesel price hike: Centre seen raking in Rs 1.9 lakh crore extra from fuel taxes in FY21

As per Budget FY22, the revised estimate on revenue from 'Union Excise Duties is set at Rs 3.61 lakh crore, as against Rs 2.67 lakh crore collected in FY20. The Budget estimate for FY22 is Rs 3.35 lakh crore. Given the estima

Also, it seems the government has factored in the possibility of cuts in tax rates for next year's estimate.

Privatisation of UT discoms in the slow lane

Among the UTs discoms, the largest is located in Jammu and Kashmir, which owes Rs 4,525 crore to power generators as on December-end. Its AT&C losses are an awful 69%.

The progress for privatisation has been the slowest in the UTs of Jammu Kashmir and Ladakh, which are mired with security issues and high level of losses.

Supply assurance to add more gas consumers in the east: Santosh Chandra, CEO, Essar Oil and Gas Exploration and Production

The biggest customers are the steel and alloy plant of SAIL. We also supply to other industrial units of Phillips Carbon Black and Graphite India, Matix fertilizer plant and others. We had to make them realise the cost benefi

New Bill: Easy access to power distribution business proposed

The amendment proposes that incumbent discoms will have to share their existing power purchase arrangement with all discoms entering their supply areas.

In the first ten months of FY21, power generation growth declined 2.9% y-o-y. However, requirement has been increasing gradually and February marked the sixth straight month to record an annual rise in electricity demand.

Andhra 6.4 GW solar auction gets lowest bid of Rs 2.47/unit

Tata Power had moved the HC seeking a stay on the auctions, claiming that the bid documents state that payment-related disputes for the plants will be taken up by the state government mechanisms instead of the electricity reg

The lowest bid discovered in solar auctions so far was Rs 1.99/unit quoted for a clutch of Gujarat projects in December.

Union Budget 2021: Agri infra cess neutral for end consumer, negative for states

Union Budget 2021: Though not affecting end-consumers, the income of states from excise duty on the auto fuels will be significantly impacted, as the adjustment to accommodate the new cess will be done by slashing the basic e

"So there is an issue which is layered and as a result that has to be a matter ideally for the Centre and the states to talk about," she added.

Budget 2021: Rs 3.1L-cr scheme for discoms aims to correct past flaws

Indian Union Budget 2021-22: Sitharaman also said “a framework will be put in place to give consumers alternatives to choose from among more than one discoms”.

After commissioning, the created transmission and distribution system will be owned and maintained by the respective state utilities.

Improving services will increase consumers’ faith in discoms: Ganesh Srinivasan, CEO, TPDDL

More investments are needed to ensure reliable quality power supply across the country, but that needs to be phased over time because these capital expenditures also come back to tariffs, says Srinivasan.

Ganesh Srinivasan, CEO, TPDDL

Manufacturing-linked solar scheme: Kerala is first buyer; state govt agrees to buy 200 megawatt

According to sources, Seci has initiated preliminary talks to sell power from the bundled capacity with Jammu and Kashmir, Odisha and Maharashtra as well.

Since the February and June auctions discovered lower prices of Rs  2.5 per unit and Rs 2.36 per unit respectively, the composite pooled tariff is Rs 2.66 per unit.

Andhra Pradesh’s 6.4 GW solar tender gets bids from Adani Group, Torrent Power and NTPC

The state government had earlier started building a 1,000 MW solar park in Kadapa, through a joint venture with the Centre, but has not allotted lands or awarded contracts for work on the ground.

The solar plants are slated to be built in the districts of Kurnool, Ananthapuramu, Prakasam and Kadapa.

No takers for 18-GW solar power projects

SECI being the national aggregator of renewable energy, signs power purchase agreements (PPAs) with the winning developers in competitive auctions, and subsequently inks PSAs with states to supply electricity from these plant

Wind & solar: Adani, ABC, Amp winners in hybrid auctions

The hybrid policy was launched in 2018, primarily to overcome the challenges posed by the intermittent nature of wind and solar power plants.

Since the February and June auctions discovered lower prices of Rs  2.5 per unit and Rs 2.36 per unit respectively, the composite pooled tariff is Rs 2.66 per unit.

Electricity overcharging: Cross-subsidies cost businesses Rs 75k crore in FY19

Policy thresholds passed over; industries resort to open access & captive power to cut costs

According to a report on Indian electricity subsidies by Canada-based think tank International Institute for Sustainable Development (IISD), levying higher charges on industries is gradually proving to be detrimental to the discoms.

Gas-based power plants want fuel allocation from upcoming fields

On the other hand, most of the units at Lanco Kondapalli (1,476 MW), GMR Rajahmundry (768 MW), GVK Gautami (465 MW) — all in Andhra Pradesh — continue to lie idle.

The ultra-deep-water gas fields in in the KG D6 Block of the Krishna Godavari basin, developed by Reliance Industries (RIL) and BP, are expected to cumulatively produce 30 mscmd by 2023, accounting for a quarter of the country’s domestic gas output.

Global capital powering new benchmarks

Playing a huge role in the tariff lows discovered at recent SECI auctions is the cheap finance made available by foreign players

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