Anupam Chatterjee

Articles By Anupam Chatterjee

246 Articles

Maharashtra, Tamil Nadu oppose advance power payments

State-run electricity distribution companies (discoms) of Maharashtra and Tamil Nadu have opposed the central government panel's recommendation to make advance payments to power producers.

Discoms face cash-flow issues because they do not receive subsidies from the states on time and the state electricity regulators raise consumer tariffs infrequently and inadequately, leading to under-recoveries News

Big game-changer! How floating solar power may help Modi government realise its renewable energy dream

Given RE ministry’s plan to create 10-GW capacity, agencies and states are moving to install plants on hydel reservoirs

Floating solar power, renewable energy, india water resources, floating solar plants, Damodar Valley, hydroelectric dams, Vikram Solar News

Cairn to invest $1.1 billion in Barmer oil fields

“The ASP projects is the result of seven years of research and the pilot study has recently been concluded in March, 2019,” said Ajay Kumar Dixit, CEO, Cairn Oil and Gas. “It will also increase the recovery factor to mo

Cairn,Barmer oil fields, Cairn Oil and Gas, Vedanta, Aishwarya oil fields, barmer district, Rajasthan News

Andhra Pradesh’s dues to state discoms pile up, hit Rs 2,100 crore

The FY19 losses of Andhra Pradesh discoms were Rs 1,563 crore which the newly elected state government has attributed to “high cost renewable energy purchases”.

Economy News

Coal ministry rejects Niti Aayog’s proposals on raising mining output

Power minister RK Singh has written to his coal counterpart Pralhad Joshi, emphasising the need to create open coal market which, in turn, will facilitate an open power market.

fdi, retail, coal, digital media, single brand retailers, fdi norms eases, 100% fdi, automatic route News

Solar cell makers urge Centre to source only from them for Kusum scheme

The imposition of the safeguard duty in July last year on solar imports from China and Malaysia and ‘developed countries’ has not done much to domestic manufacturers.

Economy News

Debt servicing: Govt cuts tax burden on stressed power plants

Ten power plants had won 25-year coal linkages of 27.2 MTPA in the first round of Shakti auctions where bidders quoting the highest discount to its existing tariffs were allowed to choose their preferred source of coal supply

Debt servicing, tax cut, tax, corporate tax, power plant, economy news, Adani Tiroda, GMR Kamalanga, GVK Goindwal Sahib, KSK Mahanadi  News

India will have to double hydropower capacity in a decade, says NHPC CMD Balraj Joshi

The new policy also categorises hydro power as renewable energy, which would open the access to cheaper green financing from global institutions, which would result in cheaper tariffs.

Balraj Joshi, chairman and managing director, NHPC News

Government pushes for open coal market

he power ministry feels that power producers should be able to buy coal from open markets at competitive prices and power purchase agreements (PPAs) should not be a precondition for getting access to coal, said the sources.

Coal ministry, Coal ministry panel, Tamil Nadu power plant, power, economy news, Thermal Power Project, Khagra mine, NTPC News

Energy projects: Govt plans Adarsh scheme to put mining on track

According to official documents reviewed by FE, the initiative comes under the ‘Agrim Districts for Accessing Resources Sustainable and Harmoniously’ (Adarsh) scheme, which is being planned by the government to meet the r

Adarsh scheme, mining, mineral-rich districts, energy supply, coal ministry, mining-safety, land acquisition News

Sustainable energy climbing up the corporate agenda: Andrew Hines, co-founder, CleanMax Solar

Andrew Hines, co-founder, CleanMax Solar, a solar developer, tells FE’s Anupam Chatterjee how the company plans to tap this trend to increase its portfolio.

Industry News

Uday scheme: Discoms’ losses rise 89% in FY19

Power min data shows losses last fiscal were Rs 28,369 crore, reversing declining trend in previous two fiscals.

Economy News

Power-less: More transmission towers collapse as winds turn ferocious

A senior PGCIL official told FE that “upgrading all 2.75 lakh existing towers of the company based on the probabilities of high-wind events warrants significant due diligence”. 

Power less, transmission towers collapse, power transmission sector, electricity transmission towers, Power Grid Corporation, Essel Infra, L&T, Adani Transmission News

PPAs for renewables: Andhra Pradesh move to hit sector’s growth, RK Singh tells Amit Shah

The copy of the letter, reviewed by FE, warned that “if this is not corrected, the FDI will stop coming, the banks will stop financing, and the growth in the renewable energy sector will come to a halt”.

PPA for renewables, Andhra Pradesh government, RK Singh, Amit Shah, FDI in renewable energy sector, YS Jaganmohan Reddy, AP discoms News

CPSU solar tender gets dismal response

The tender was the first tranche of the scheme which aims to set up 12,000 MW of solar capacity by government companies within FY23.

CPSU solar tender, Solar Energy Corporation of india, solar energy, CPSU scheme News

Our pricing could be a benchmark for future smart meter projects: Harmanjit Nagi, director and country head, EDF India

EDF is not involved in manufacturing and supply of these meters itself. Smart meters are procured by EESL and provided to EDF by a separate tender

Industry News

Aptel to hear appeal against Adani Power Mundra relief

The apex court had clarified that its April 2017 order, denying compensatory tariffs to these plants, wouldn’t come in the way of implementing the fuel cost pass-through and other measures recommended by a high-level commit

Industry News

Niti Aayog panel for a greater role of private sector in coal mining

The development comes with dismal levels of production by captive coal mines amid growing demand. These mines produced only 25.1 million tonne (MT) in FY19, much lower than the peak output of 43.2 MT in FY15 when the Supreme

Niti Aayog,Niti Aayog panel, private sector, coal mining, coal india, coal india share, coal india stock price, coal production, coal production in india, coal mine News

Relief for power firms: Govt asks Aptel to crack down on ‘regulatory assets’

According to official sources, regulatory assets in Maharashtra went up 390% to Rs 12,382 crore since the Uday launch and Uttar Pradesh saw a rise of 25% to Rs 33,000 crore in this period.

Relief for power firms, Aptel, regulatory assets, power sector, economy news

Power purchase agreement: Honour contracts, don’t halt growth, Centre tells Andhra Pradesh

Andhra Pradesh, which sourced 18% of its electricity from renewable energy in FY19, plays an important role in the country’s green growth narrative, as it houses about 12% of India’s wind and solar capacity.

The new committee is set to meet wind power generators in Amaravati on July 15 to commence discussions on tariff revision. (Representational image) News

Industry pins hopes on new govt plan for gas power plants revival

The govt will roll out suggestions of a high-level panel where the power and petroleum ministries will jointly frame a scheme for revival on the lines of earlier e-bid RLNG scheme

Clarity was also missing about how the challenges which led to the failure of the earlier RLNG scheme would be overcome. News

Another blow to sanctity of contracts, Andhra Pradesh wants solar PPAs rewritten

The YS Jaganmohan Reddy government’s decision is the latest among the series of steps it has taken since assuming power late May to undo the decisions of the previous government led by N Chandrababu Naidu.

The other reasons of slow capacity addition were rising finance costs, government-mandated tariff caps in reverse auctions and transmission bottlenecks. (Representational image) News

Budget 2019: Nirmala Sitharaman proposes easy credit availability to help MSMEs

Budget 2019: The MSME ministry, led by Nitin Gadkari, plans to spend Rs 7,011.3 crore in FY20, about 7% higher than the expenditure in FY19. Out of this, Rs 6,957.8 will be spent on various central sector schemes.

Union Budget 2019 India, Budget 2019-20 News

Budget 2019: Govt allocates Rs 750 crore for pension scheme for small shopkeepers

Union Budget 2019: Government would take steps to separate the NPS Trust from the Pension Fund Regulatory and Development Authority

Budget 2019, Union Budget 2019 India, Budget 2019 India, Budget 2019-20, News

Adani Power gets SC relief for GMDC’s lapse too

The court asked the central power regulator to issue the relevant tariff order within three months after the power major approached it with a plea.

Adani Power, Supreme Court, Gujarat Urja Vikas Nigam, Mundra plant, Gujarat Mineral Development Corporation News

Power play: Discoms to gain as tariffs to soon reflect all costs

In a meeting held here on Monday to prepare a “five year vision document” for the electricity sector, power minister RK Singh is learnt to have informed the regulators of the move.

Discoms, Discoms traffic, Power regulators, regulatory assets, tariff policy, industry news

Stressed power projects await ministry implementation of Cabinet measures

The Cabinet Committee on Economic Affairs, on March 7, had approved certain recommendations of a group of ministers and a high-level empowered committee on stressed power assets

power, power sector News