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Home2020October

Month: October 2020

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Private Sector

HPL Electric and Power Limited establishes R&D centre for smart meters

October 22, 2020

HPL Electric and Power Limited has established a new R&D center, in a push to make India Atmanirbhar in smart meter technology. The new R&D center for smart meters aims to incorporate the recent advancements […]

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State Sector

WBERC notifies draft balancing and settlement code Regulations, 2020

October 22, 2020

The West Bengal Electricity Regulatory Commission (WBERC) has notified the draft WBERC (balancing and settlement code) Regulations, 2020. These regulations will extend to the whole of West Bengal. All stakeholders may submit comments on the […]

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Central Sector

Indexed renewable energy tariffs can provide savings for discoms

October 22, 2020

According to a study by Institute for Energy Economics and Financial Analysis (IEEFA) and CEEW-Centre for Energy Finance (CEF), indexed (inflation linked) renewable energy tariffs can save India’s discoms up to Rs 218.80 billion over […]

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State Sector

Energy task force committee allocates Rs 9.75 billion to strengthen power transmission in Lucknow

October 22, 2020

The energy task force (ETF) committee of Uttar Pradesh has carried forward the plans of strengthening the power transmission sector of Lucknow by allocating a total budget of Rs 9.75 billion to the state. The […]

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State Sector

TNERC notifies draft amendments to the distribution code

October 22, 2020

The Tamil Nadu Electricity Regulatory Commission (TNERC) has notified draft amendments to the Tamil Nadu Electricity Distribution Code. The commission has issued the amendments in order to ensure that the safety norms and regulations mandated […]

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Private Sector

EESL invests in SWAG EV to catalyze energy transformation in Southeast Asia

October 22, 2020

Energy Efficiency Services Limited (EESL), has announced plans to invest in SWAG EV, an emerging e-mobility player to drive the use of electric motorbikes while contributing to increasing power grid flexibility. EESL’s initial US$5 million […]

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State Sector

CEA committee discusses alternative corridor for securing Mumbai’s power supply post major grid disturbance

October 22, 2020

A committee headed by the Central Electricity Authority (CEA) has discussed the possibility of developing an alternate HVDC transmission corridor to evacuate 1,000 MW of power from Kudus in Palghar district to Aarey Colony in […]

Companies

NTPC Simhadri develops first-of-its-kind construction aggregate using fly ash

October 21, 2020

NTPC Simhadri is the first coastal station of India’s largest energy conglomerate, NTPC. With 4×500 MW capacity, Simhadri is the first NTPC project using sea water for condenser cooling and ash disposal. Commissioned in 1997 […]

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International News

Norway’s Equinor bids for two wind power projects off the US East Coast

October 21, 2020

Norwegian energy firm Equinor had submitted two bids in New York’s second offshore wind auction, following a deal it signed with BP last month to cooperate on offshore wind in the United States. Reportedly, Equinor […]

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State Sector

Andhra Pradesh to set up seven hydro pumped storage plants

October 21, 2020

The Andhra Pradesh government has decided to set up pumped hydro storage power projects (PSP) of 6.3 GW capacity to promote new renewable energy power plants in the state. The government has identified seven locations […]

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Central Sector

NHPC appoints Rajendra Prasad Goyal as Chief Financial Officer

October 21, 2020

Rajendra Prasad Goyal, Director (Finance), NHPC Limited has been designated as its Chief Financial Officer (CFO) with effect from October 1, 2020. Prior to taking over charge as Director (Finance), he was working as Chief […]

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Private Sector

ReNew raises $325 million via overseas bond

October 21, 2020

ReNew Power has raised about $325 million through an overseas green bond sale as the company aimed to repay high-cost local debt and expand capacity. Reportedly, bonds were initially planned to offer 5.875 percent with […]

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Private Sector

Sterlite Power secures Rs 20.70 billion funding from PFC for VNLTL project

October 21, 2020

Sterlite Power has achieved financial closure for its Vapi II North Lakhimpur Transmission Limited (VNLTL) project by securing the entire debt funding of Rs 20.70 billion from Power Finance Corporation Limited (PFC). The financial closure […]

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Central Sector

Ratnagiri Gas and Power approaches lenders for one-time loan settlement

October 21, 2020

Ratnagiri Gas and Power Private Limited (RGPPL) has approached its lenders for a one-time settlement (OTS) of its outstanding debt worth Rs 14.61 billion. According to CARE Ratings, the company has requested its lenders for […]

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Central Sector

NHPC Board approves merger of Lanco Teesta Hydro Power

October 21, 2020

The Board of Directors of NHPC has approved the proposal to merge Lanco Teesta Hydro Power Limited with it. NHPC had won the bid to take over the 500 MW Teesta VI hydro power project […]

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International News

New York approves rules allowing state to procure renewable power

October 20, 2020

New York’s Public Service Commission have formally approved rules that will allow the state to procure renewable power needed to achieve the goals of the state’s clean energy law. New York has mandated that 70 […]

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Central Sector

CIL coal supply to power sector drops 10 per cent in first half of 2020-21

October 20, 2020

The supply of coal by Coal India Limited (CIL) to the power sector dropped by 10 per cent to 197.89 million tonnes (mt) in the first half of the ongoing fiscal. CIL had supplied 219.85 […]

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Private Sector

Inox Wind wins 40 MW orders from retail customers

October 20, 2020

Inox Wind has won orders to supply and install wind turbine generators of 40 MW capacity from retail customers across various industries. The projects will be executed on a turnkey basis across locations in Gujarat […]

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Central Sector

NTPC awards FGD installation orders for 50 GW thermal power generation capacities

October 20, 2020

NTPC has awarded contracts for installation of flue-gas desulphurisation (FGD) technology for a thermal power generation capacity of 50 GW at various locations, including the Dadri plant where the work is in advanced stages. In […]

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Central Sector

CIL subsidiaries to have autonomy in base e-auction price from November

October 20, 2020

Coal India Limited (CIL) subsidiaries will have autonomy in fixing the base price for e-auction coal from November depending on demand. Currently, the base price is kept aligning with the notified price but with the […]

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