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Home2020September

Month: September 2020

Power Trading

Trading Trends: Exploring new segments in the short-term market

September 14, 2020

The power sector is currently in the transition phase, moving from long-term contracts to short-term contracts. This transition can be attributed to changes in the industry structure, the growing interest of distribution companies in short-term […]

Segment Review

Growth Hiatus: Temporary lull in renewables’ activity

September 14, 2020

The renewable energy sector in India has been growing consistently over the past few years. As of August 2020, India’s installed renewable energy capacity stood at 90 GW, accounting for 24 per cent of the […]

Segment Review

Distribution Stimulus: Will it help the segment stage a recovery?

September 14, 2020

Electricity distribution continues to be the weakest link in the power sector. High aggregate technical and commercial (AT&C) losses, poor billing and collection efficiencies and delays in tariff hikes have significantly deteriorated the operational and […]

Segment Review

Transmission Update: Ramping up to integrate renewables

September 14, 2020

The Indian electricity transmission sector is gearing up to face the challenges posed by the changing power demand and energy mix. In order to meet the future peak load, which is expected to reach 226 […]

Segment Review

Balance of Power: Trends and developments in power generation

September 14, 2020

The power generation segment has grown at a rapid pace over the past few years, but the  Covid-19 pandemic and consequent lockdowns have severely affected electricity demand. This has led to a drastic reduction in […]

Key Developments

Covid Disruption: Sector attempts to recover from the crisis

September 14, 2020

Power utilities in India have done their job throughout the Covid-19 crisis by keeping the lights on without interruption. But like players in other industries, they are facing several challenges. At the beginning of the […]

Forum

Demand Slide: Views of sector experts

September 13, 2020

The Covid-19 pandemic has thrown businesses out of gear, and the power sector is no exception. While utilities have maintained generation and supply as electricity is an essential service, discoms have suffered a major blow […]

Finance

Key Financings: Major debt and equity moves

September 13, 2020

The power sector has witnessed a flurry of financial activity in the past year. In a key development, the central government announced a Rs 900 billion liquidity infusion package for distribution companies to help them […]

Companies

Key Statistics: Financial performance of power companies during 2018-19 and 2019-20

September 13, 2020

 

Forum

Changes at the Top: Key appointments in the past one year

September 13, 2020

Covid-19 is a global crisis, evolving at an unprecedented speed and scale, and putting extraordinary demands on leaders in business and beyond. It is testing company and organisation heads in every sector, including power, which […]

Perspective

Interview with Prashant Jain: “The slowdown in demand is expected to continue in the near term”

September 13, 2020

The power sector has witnessed supply chain disruptions even as the liquidity crisis has adversely affected its cash flows. That said, as the effects of the pandemic start to wane and the industry begins to […]

Key Developments

Privatisation Path   : Opportunities and challenges for discoms in UTs

September 13, 2020

Over the years, the power distribution segment has been plagued with issues such as weak financial performance, high operational losses and poor customer service. Private participation has often been suggested as the solution for all […]

Forum

Uncertain Times: Developers’ opinion

September 12, 2020

The pandemic has had a major impact on all segments of the power sector, including generation. The segment has been suffering from low plant utilisation levels and stressed assets. With Covid-19 dampening demand, the cost […]

Segment Review

Future of Coal: Thermal power to play a balancing role as renewables’ share rises

September 12, 2020

With the growing integration of renewables and a changing energy mix, the role of coal-based generation is evolving in the Indian power sector. While these plants were the main source of stable baseload power to […]

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International News

BP enters offshore wind market with $1.1 billion Equinor deal

September 11, 2020

BP entered the offshore wind market with a $1.1 billion deal to buy 50 per cent stakes in two US developments from Norway’s Equinor. BP has set itself a target of increasing its renewable power […]

No Picture
State Sector

Delhi government to roll out subsidy scheme under electric vehicle policy

September 11, 2020

The Delhi government is likely to roll out the subsidy scheme under its newly-launched electric vehicle (EV) policy by next week. Under its EV policy, Delhi government will give an incentive of up to Rs […]

No Picture
State Sector

MERC disposes ONGC’s petition regarding RPO compliance

September 11, 2020

The Maharashtra Electricity Regulatory Commission (MERC) has disposed of a petition filed by Oil and Natural Gas Corporation Limited (ONGC) seeking clarification for applicability of renewable purchase obligation (RPO) targets for its captive power projects […]

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Central Sector

CIL plans to restore production from discontinued underground mines

September 11, 2020

Coal India Limited (CIL) is planning to restore production from its discontinued underground mines. It has also identified 12 such blocks with provisional mineable reserves of around 1,060 million tonnes. Of the 12 blocks, eight […]

No Picture
Reforms and Regulations

CERC allows power generators to recover FGD cost over plants’ life

September 11, 2020

As per a staff paper issued by the Central Electricity Regulatory Commission (CERC), generators will be allowed to recover additional cost on pollution control equipment from electricity charges over a 25-year period. As per the […]

Forum

Adapting to the New Normal: Discoms’ perspective

September 11, 2020

The Covid-19 outbreak has had a far-reaching impact on the power distribution segment. Besides historical challenges such as revenue gap and high aggregate technical and commercial losses, a new set of problems that the segment […]

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