The South African Cabinet has approved the South African Renewable Energy Masterplan (SAREM) for implementation, targeting energy security and broader industrial growth. The plan seeks to address challenges associated with local capacity, infrastructure and investment by providing a roadmap for developing renewable energy and battery storage technologies. For investors, the …
DK Thakur Executive Director BHEL Bhopal the other day in presence of POWERGRID officials, flagged off the first unit of 800 kV HVDC Transformer for country’s prestigious 6000 MW Raigarh Pugalur project, Raigarh. The technology intensive 800 kV HVDC Transformer was successfully manufactured and Type tested at BHEL Bhopal’s modern …
About Rs 2.7 lakh crore would be required till FY22 to build the additional electricity transmission system in the country, the National Electricity Plan (NEP) on transmission published by the Central Electricity Authority (CEA) said. The money would be spent on the 1.1 lakh circuit kilometres of transmission lines and …
Concerns over developing transmission infrastructure, tariff costs remain The State-run Solar Energy Corporation of India (SECI) is likely to conduct a follow-up meeting with solar industry representatives today to discuss the details of its tender for 7.5-GW solar energy projects in Leh and Ladakh region of Jammu & Kashmir. The …
Azure has confirmed Letter of Awards and interconnection approvals in place for over 1.2 GW projects Tariff is 5.7% higher than the lowest bid in the market, offtake with AA+ domestic debt rated sovereign entity Azure Power, a leading solar power producer in India, announced it has received a letter …
In line with the government’s latest effort to increase electrification of railway tracks, the upcoming solar plants would be designed to use the transmission system built for railway traction — prospectively lowering the tariff of electricity. With a view to move towards use of cleaner sources of energy and cut …
New bidding mechanism has resulted in low realisations Capacity addition in the wind energy sector will slow down over fiscal 2019 to 2023, with only 14-16 GW being added due to a decline in bid responses and profitability of original equipment manufacturers, according to a report by Crisil. “Crisil Research …
The Ministry of Power published the draft guidelines for short-term sale of power through tariff-based bidding process on the 6th of March 2019 for public consultation. Promotion of competition in the electricity industry in India is one of the key objectives of the Electricity Act, 2003 as amended from time …
Adani Power Maharashtra (APM), which operates 3,300 mw of thermal power plant Tiroda in the Vidarbha region, cannot escape from its responsibility to fully utilize the fly ash as per its commitment and action plan submitted to the union ministry of environment of forest (MoEF) while setting up its plant. …
Industry players have sought more time from the Solar Energy Corporation of India (SECI) to complete their site visits in Leh and Ladakh districts, where the government plans to set up solar parks with capacity of 7,500 MW. The pre-bid meeting on the mega tender was attended by 51 companies …
With the government announcing 100 per cent household electrification in Uttar Pradesh (UP) under Saubhagya scheme, newly connected households are likely to place greater financial burden on electricity distribution companies (discoms) due to poor metering, infrequent billing, and inefficient collection of dues. In an attempt to improve the discom-consumer relationship, …
The government has undertaken nine schemes, including two power distribution projects in Rangpur and Rajshahi divisions for bringing one crore people under electricity coverage. The power distributions lines will able to provide around 4.15 lakh new power connections in Rangpur and Rajshahi divisions. The Executive Committee of the National Economic …
With the government successfully electrifying 99% of all houses in India under the Saubhagya scheme, there is an urgent need for a hefty investment in grid transmission infrastructure to keep pace with growing low-cost renewable capacity so that new households can actually afford to buy electricity. A new IEEFA briefing …
PATIALA: Selling power during peak hours and then purchasing it during the lean period has helped Punjab State Power Corporation Limited (PSPCL) save millions, according to its chairman and managing director (CMD) Baldev Singh Sran. In November and December last year, PSPCL purchased 358 MUs (million units) for Rs 111 …
India is now amongst the fastest developing countries in the world in terms of GDP as well as the electricity consumption. The challenge is to meet the energy needs of high economic growth & electricity consumption of about 1.3 billion people. The development of an efficient, coordinated, economical and robust …
Order of the Punjab State Electricity Regulatory Commission in the matter of Nabha Power Limited Vs Punjab State Power Corporation Ltd. dated 09/01/2019. Nabha Power Limited (NPL), has filed the present petition under Section 86 (1) (b) read with Section 86 (1) (f) of the Electricity Act, 2003 and Article …
Draft tariff regulations (2019-24) are positive for regulated utilities as base RoE remains unchanged at 15.5% (our expectation: cut to 14%). Key overhang of cut in RoE is behind company – a major positive. Negative impact of decapitalisation of assets beyond useful life (>25 years) from ‘gross to net basis’ …
The Maharashtra Electricity Regulatory Commission has allowed Brihanmumbai Electric Supply and Transport Undertaking to extend its existing 676.69 MW power purchase agreement with Tata Power for another 5 years. "Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement …
This is the sixth tranche of competitive bidding held by Seci for wind power. The state-run Solar Energy Corporation of India (Seci) has invited renewal energy companies to put forward bids for setting up wind and solar plants of 1,200 MW each. The FY19 renewable capacity addition target had been …
Parties to the Paris Agreement committed to “making finance flows consistent with a pathway towards low GHG emissions and climate-resilient development (Article 2.1c).” It is especially critical that energy-sector infrastructure is Paris aligned, given the large carbon lock-in potential of investments and the scale of investment needed in the coming …
Karnataka signed up for UDAY Scheme in June 2016 with an objective of improving operational efficiency of its DISCOMs. As per the scheme, Karnataka has a target of reducing its aggregate technical and commercial (AT&C;) loss to 14.2% by FY19. The Karnataka DISCOMs seem to have brought down their AT&C; …
