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Home2020October

Month: October 2020

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Private Sector

India Power invests Rs 5 billion to scale up network and distribution infrastructure

October 27, 2020

India Power Corporation Limited (IPCL) has invested more than Rs 5 billion to ramp up its network and distribution infrastructure. The move is part of the company’s strategy to offer superior services at affordable cost […]

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State Sector

EV charging stations operators to be hired through centralised tendering system in Delhi

October 27, 2020

According to the Delhi Transport Department, a centralised tendering system will be adopted to hire an operator to install, run, maintain and upgrade charging stations for EVs in the city. Land-owning agencies will be required […]

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State Sector

Two units of Srisailam power plant affected by mishap resume operations

October 27, 2020

The first two units of the 6×150 MW Srisailam left bank hydropower station in Telangana that was damaged in a major fire incident on August 20, 2020 have resumed operations. Experimental run of units 1 […]

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State Sector

Discoms to study feasibility of Mumbai to develop an emergency grid

October 27, 2020

The  Maharashtra state government has directed power generators and distributors in the Mumbai region to check if Mumbai can develop an emergency grid as an alternative to the existing islanding system. The directive issued by […]

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Central Sector

NTPC board to consider share buyback

October 27, 2020

NTPC Limited has informed stock exchanges that its board of directors will consider a proposal for buyback of equity shares of the company on November 2, 2020, besides considering, approving and taking on record the […]

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International News

Japan set to target zero emissions by 2050 in policy shift

October 26, 2020

Japanese government is set to bind Japan to a target for carbon neutrality by 2050, a shift in stance that will bring the country in line with the European Union and more than 60 other […]

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Private Sector

Hartek power bags key UT electricity department order to lay underground cables in four sectors

October 26, 2020

Hartek Power Private Limited has bagged an order from the Chandigarh UT Electricity Department for laying underground electricity cables and heavy-duty electricity wiring. … The project will be executed in sectors 7,9, 11 and 26 […]

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State Sector

Delhi government approves over 100 models for subsidy under new EV policy

October 26, 2020

The Delhi government has approved more than 100 models of vehicles, including 45 makes of e-rickshaw and 12 of four-wheelers, for subsidy under the new electric vehicles (EV) policy. Reportedly, vehicles priced up to Rs […]

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Central Sector

Coal imports rise 12 per cent to 19 mt in September 2020

October 26, 2020

India’s coal import rose 11.6 per cent to 19.04 million tonnes (mt) in September 2020 on account of a recovery in consumption by thermal power plants and other industries coupled with competitive prices in international […]

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State Sector

Installation of smart electricity meters to begin in Jammu, Srinagar from next month

October 26, 2020

The installation of about 20,000 smart meters is expected to begin in Jammu and Srinagar from November 2020 onwards to bring transparency in billing and reduce power losses. The first phase would start from November […]

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Central Sector

Aviation Ministry allows NTPC to use drones for research, inspection at its three thermal power plants

October 26, 2020

The civil aviation ministry has allowed NTPC Limited to use drones to carry out research and inspection activities at its three power plants in Madhya Pradesh and Chhattisgarh. The three power plants are namely- Vindhyachal […]

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Central Sector

Power PPAs cannot be terminated during insolvency process

October 26, 2020

The National Company Law Appellate Tribunal (NCLAT) has ruled that power distribution companies cannot terminate their power purchase agreement (PPA) with insolvent gencos during the entire corporate insolvency resolution process (CIRP) According to NCLAT, asset […]

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Private Sector

ReNew Power’s raises $325 million dollar bond

October 23, 2020

ReNew Power Private Limited has raised $325 million selling bonds to foreign investors, in the first dollar bond offering by Indian renewable energy company since the covid-19 disruption. . According to international rating agency Moody’s […]

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International News

Indonesian government finalises new rules for renewable electricity

October 23, 2020

As per Indonesia’s energy ministry, the government is finalising a draft regulation aimed at simplifying pricing for electricity from renewable sources and to encourage more investment in the sector. The government aims to have 23 […]

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International News

Australia fast tracks mega renewable energy, hydrogen project

October 23, 2020

Australia will fast track the approvals process for one of the world’s biggest wind and solar projects in Western Australia, which aims to start generating power and producing hydrogen and ammonia late this decade Canberra […]

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State Sector

MERC appoints three member panel to conduct probe into Mumbai power outage

October 23, 2020

According to Maharashtra Electricity Regulatory Commission (MERC), a three-member committee will conduct an inquiry into last week’s power outage which had plunged parts of the Mumbai into darkness for up to 14 hours. The high-level […]

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Central Sector

CIL’s fuel allocation rises almost six folds in April-September 2020

October 23, 2020

Coal India Limited fuel allocation under the exclusive e-auction scheme for the non-power sector rose almost six-folds to 13.44 million tonnes (mt) in April-September this fiscal. CIL had allocated 2.31 mt of dry fuel to […]

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State Sector

Over 10 million consumers never paid their power bills in UP

October 23, 2020

According to the UP Power Corporation Limited’s (UPPCL) data, more than 38 per cent consumers have not paid their electricity bill since the date of connection. Out of a consumer base of 28.3 million, 10.9 […]

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Central Sector

NHPC plans to develop ultra-mega solar park in Uttar Pradesh

October 23, 2020

NHPC is planning to develop a solar park of around 600 MW capacity in Deoria district of Uttar Pradesh. The project is expected to be completed by the end of 2022 or beginning of 2023. […]

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International News

Spain’s Iberdrola secures 98.25 per cent stake in Australian Infigen

October 22, 2020

Spain’s Iberdrola has secured a 98.25 per cent stake in Australian wind and solar firm Infigen share capital through a public takeover offer. Reportedly, Philippine conglomerate Ayala was the first bidder for the renewable energy […]

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