The year 2018-19 was a landmark year for Power Finance Corporation Limited (PFC), the power sector’s leading non-banking finance company (NBFC). PFC acquired the central government’s 52.63 per cent equity stake in REC Limited (formerly […]
The conventional power generation segment continues to be the mainstay of the power sector, accounting for over 70 per cent of the total power consumption in the country. However, the build-up of stressed assets has […]
REC Limited is positive on the growth outlook for the country’s power sector, with an uptick in demand from the industrial and domestic segments following improved access to power and enhanced household connectivity. Furthermore, it […]
The Indian electricity transmission segment has been constantly evolving in line with the increasing power demand and the changing energy mix due to the influx of renewables. Going forward, an investment of Rs 2.6 trillion […]
Power System Operation Corporation Limited (POSOCO) continues to play a crucial role in maintaining grid reliability and safety in the fast changing power landscape. In recent years, it has undertaken several measures such as an […]
The distribution segment has reported mixed performance over the past year with near 100 per cent electrification under Saubhagya and a decline in operational and financial losses under the Ujwal Discom Assurance Yojana (UDAY) being […]
Energy Efficiency Services Limited’s (EESL) flagship initiatives such as the Unnat Jyoti by Affordable LEDs for All (UJALA) and the Street Lighting National Programme (SLNP) have transformed India’s energy efficiency landscape in recent years. It […]
PTC India Limited recorded an all-time high traded volume of 62 BUs during 2018-19. The company has registered steady growth in its domestic power trading business as well as cross-border trading. It is growing as […]
India’s renewable energy sector has come a long way over the past decade with the government and the industry taking several major initiatives. These include the National Solar Mission, the solar parks scheme, solar rooftop […]
CESC Limited, the integrated Utility, which serves Consumers in Kolkata and Howrah and also has four Distribution Franchisees, is betting big on Technology. From Digital initiatives like Chatbots, Self-healing Networks, AI and ML enabled Predictive […]
In 2018-19, around 100.84 BUs of electricity was traded by trading licensees through bilateral transactions and power exchanges, an increase of 16 per cent over the previous year. In addition, a strong compound annual growth […]
Given its fast ramping capabilities and cleaner generation, gas-based power can play a key role in helping meet India its COP21 commitments. However, enabling policy and regulatory measures are needed to address the issues of […]
The past year was marked by key policy and regulatory developments across various segments in the power sector. Some of the positive developments in the generation segment were the grant of cabinet approval for the […]
Over the past few years, the power sector has undergone a massive technology transformation, using smart grids and cleaner technologies. In the long term, the sector can look forward to trends such as flexibilisation, digitalisation […]
The past year saw several leadership changes, at the ministerial level as well as in leading power companies. R.K. Singh continued as union minister of state (independent charge) for power and new and renewable energy […]
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