Coal-based power generation has fallen by over a quarter (25.5%) across the European Union (EU) and United Kingdom (UK) in the first three months of 2020, compared to 2019, as a result of the response […]
The impact of the Covid-19 outbreak on the power sector is expected to be far-reaching. Electricity demand has already seen a decline as a result of the shutdown of industrial and commercial establishments. This, in […]
Transformers are the heart of power transmission and distribution, and transformer oil can thus be considered their lifeblood, enablingthem to efficiently step up and step-down voltage. High-quality transformer oil should thus be able to handle […]
The Ministry of Power (MoP) has notified the Draft Electricity (Amendment) Bill, 2020. The ministry has proposed major reforms such as provisions for distribution franchises, removal of regulatory assets, strengthening of payment security mechanisms and […]
The MNRE has granted an extension of 30 days for the commissioning of renewable energy projects beyond the lockdown period. The renewable energy implementing agencies may grant extension of time for the commissioning of […]
The MoP has issued a notification stating that power generation is an essential service and that the concerned state authorities need to give permission for material movement needed by them during the lockdown. The MoP […]
The country’s power consumption has declined by 8.4 per cent to 99.38 BUs in March 2020 compared to 108.50 BUs in March 2019 on account of lower commercial and industrial demand due to the lockdown. […]
The central government is likely to issue guidelines soon for setting hydropower obligation targets till 2030 for discoms. This will be given only to projects commissioned after March 9, 2019 and those plants, that did […]
Coal India Limited (CIL) has decided to ease payment terms for its customers as well as directed the railways to defer loading of rakes for non-power buyers due to last-mile connectivity disruption, following the nationwide […]
REC Limited’s board has approved a proposal to incorporate seven project-specific special purpose vehicles (SPVs) as wholly owned subsidiaries of REC Transmission Projects Company Limited. These projects include a transmission system for the evacuation of […]
NHPC Limited has concluded the 2 GW interstate transmission system-connected solar projects auction. The winners include SoftBank, Axis Energy, O2 Power and EDEN, which quoted the lowest L1 tariff of Rs 2.55 per kWh and […]
PFC and REC Limited are planning to offer medium-term concessional loans with a two-year moratorium to state-owned discoms to enhance their liquidity, which would be backed by budgetary support from the state governments. This would […]
The Maharashtra Electricity Regulatory Commission (MERC) has notified a reduction in retail supply tariffs across different consumer categories in 2020-21. For Maharashtra State Electricity Distribution Company Limited, the commission has approved an average tariff reduction […]
The Punjab State Electricity Regulatory Commission has provisionally capped the rate of LPS to 6 per cent per annum if the due date falls between March 24, 2020 and June 30, 2020. The LPS will […]
The Delhi Electricity Regulatory Commission has notified a new rebate scheme wherein consumers can avail 0.5-1 per cent rebates depending on the payment date and an additional Rs 20 per bill for taking self-reading and […]
The Joint Electricity Regulatory Commission [JERC] for the State of Goa and Union Territories has issued directions to reduce LPS from 2 per cent to 1 per cent per month. The JERC has also asked […]
French energy major Total S.A. has formed a joint venture (JV) with Adani Green Energy Limited (AGEL). Total S.A. has invested Rs 37.07 billion for a 50 per cent partnership with AGEL in the JV. […]
Sterlite Power has partnered with four players, GE T&D India Limited, Unitech Power Transmission Limited (UPTL), Tata Projects Limited (TPL) and Associate Power Structures Private Limited (APSPL) to develop the Lakadia Vadodara Transmission Project under […]
Tata Power Company Limited’s JV with Norway’s Clean Energy Invest and the International Financial Corporation has started commercial operations of the 178 MW Shuakhevi hydropower project in Georgia. The JV, Adjaristsqali Georgia LLC, has set […]
Tata Power Solar has received the letter of award from NTPC to build a 300 MW grid-connected solar photovoltaic (PV) project at an all-inclusive price of Rs 17.3 billion. The company secured the project under […]
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