KEC International Limited has signed a share purchase agreement (SPA) with Adani Transmission Limited (ATL) for selling its entire stake in KEC Bikaner Sikar Transmission Private Limited at an enterprise value of Rs 2,275 million, […]
The country’s power distribution utilities are grappling with the challenge of high aggregate technical and commercial (AT&C) losses coupled with an increasing power demand. These losses have a significant impact on the operational performance and […]
In a major step towards reviving the stranded power projects operated by Adani Power Limited (APL), Tata Power and Essar Power in Gujarat, the Supreme Court has asked the Central Electricity Regulatory Commission (CERC) to […]
“India is emerging as a leader in energy efficiency” India is moving at a brisk pace to grow its renewables capacity, with record capacity additions in solar and wind power. However, grid balancing remains a […]
In view of the increasing power demand, the power ministry is reportedly mulling a proposal to bid out ultra mega power plants (UMPPs). To recall, the UMPP programme was launched in 2005 to develop large […]
India’s reliance on coal as the dominant source of power generation continues, with it accounting for about 75 per cent of the total generation in 2017-18. However, the segment faces multiple challenges. Slow capacity addition, […]
The pace of hydropower capacity addition in recent years has been rather slow, particularly in the north-eastern region, which has a significant untapped hydro potential. Central sector PSU North Eastern Electric Power Corporation Limited (NEEPCO), […]
The absence of a hydropower policy that comprehensively addresses the woes of this segment has been one of the biggest areas of contention for the industry. As a result, growth in the segment has been […]
Aiming High Dr Pawan Singh, who recently took over as MD and CEO of PTC India Financial Services, has big ambitions for the company… It’s not often that people walk away from a management trainee […]
The protection of power systems and equipment from external weather phenomenon such as lightning is critical for their smooth functioning and the safety of operating personnel. Lightning strikes can cause immense damage to electronic equipment. […]
The Indian Chamber of Commerce (ICC) held the “12th India Energy Summit 2018: Clean Energy in Every Home” on November 13-14, 2018. The conference provided a whiteboard to participants from the energy industry to deliberate […]
The role of metering in India has evolved significantly over the years. Besides helping utilities in energy accounting and revenue management, it plays a crucial role in the reduction of power losses, integration of renewable […]
REC raises $700 million through GMTN programme (India) REC Limited has raised $700 million through global medium term notes (GMTN) after its initial foray of $5 billion GMTN programme into the 144a market (US Securities […]
By 2030, India intends to reduce the emission intensity of its GDP by 30-35 per cent from the 2005 level. In this context, the Ministry of Environment, Forest and Climate Change, issued new environmental norms […]
Private transmission companies have time and again raised concerns regarding the lack of a level-playing field in the segment. According to industry estimates, since the introduction of competitive bidding in 2011, of the 101 transmission […]
Ushering in third-generation electricity reforms with an innovative market design that promotes competition while creating value for investments can address some of the issues in the sector,” comments Mukesh Khullar, member, Maharashtra Electricity Regulatory Commission […]
Lightning is an atmospheric discharge and one of the major causes of power system outages. This issue crops up frequently, accounting for as much as 40 per cent of the total outages experienced. Such outages […]
Schneider Electric has endorsed the Open Platform Communication (OPC) Foundation for extending communications to the field level and harmonising interoperability from machines and process units to the cloud. The OPC Foundation, the open standards body […]
After a long lull, there is some visibility on the power purchase agreement (PPA) front for power gencos. In October this year, the first round of PPAs were signed under the government’s medium-term power procurement […]
Rajendra Kumar Parakh, chief financial officer (CFO), Vikram Solar, brings to the table 27 years of experience in audit and risk assurance across industries such as energy, manufacturing, mining, engineering, and iron and steel. He […]
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