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Home2020October

Month: October 2020

Finance

Asset Monetisation: Major power companies set to launch InvITs

October 6, 2020

In recent years, infrastructure trusts, or InvITs, have become popular among investors of long-term revenue-generating assets. InvITs enable a large number of investors to pool their money for investments into operational infrastructure assets in return […]

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International News

Bosnian region grants concession deal for 73 MW solar power plant

October 5, 2020

The government of Bosnia will sign a concession deal with majority state-run power utility ERS to build and operate a 72.92 MW capacity solar plant in the southern town of Trebinje. With an estimated annual […]

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International News

Westinghouse signs expanded Ukraine nuclear fuel deal

October 5, 2020

Westinghouse Electric Co has signed an expanded nuclear fuel deal to supply Ukraine’s reactors. It currently supplies six of 15 Ukraine’s VVER-1000 reactors with a seventh due to switch to it next year. The new […]

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Central Sector

CBDT gives exemption to power trading from new TDS, TCS norms

October 5, 2020

The Central Board of Direct Taxes of India (CBDT) has exempted power trading at bourses from new norms on tax deducted at source (TDS) and tax collected at source (TCS). The CBDT has exempted power […]

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State Sector

Odisha government inaugurates three power transmission units

October 5, 2020

The Odisha government has inaugurated three power transmission units in Kalahandi district which will enable the local people to get power directly from the 600 MW Indravati hydropower project after about 20 years of commissioning. […]

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Central Sector

NHPC and JKPDC to jointly develop 850 MW Ratle hydroelectric project

October 5, 2020

The Public Investment Board (PIB) has recommended that the 850 MW Ratle hydroelectric power project be developed through a joint venture company of the Jammu and Kashmir Power Development Corporation and the NHPC Limited. The […]

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Central Sector

CIL’s coal allocation to sector under e-auction rises 8 per cent in April-August 2020

October 5, 2020

Coal India Limited’s (CIL) coal allocation under special forward e-auction for the power sector registered a rise of 8.4 per cent to 7.94 million tonnes (mt) in April-August period of the ongoing fiscal. CIL had […]

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Private Sector

AGEL completes acquisition of 205 MW solar assets

October 5, 2020

Adani Green Energy Limited (AGEL) has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited (EGEPL) and Essel Infraprojects Limited (EIL). The assets are located in Punjab, Karnataka and […]

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Reforms and Regulations

MoP issues draft rules for change in law, must-run status compensation

October 5, 2020

The Ministry of Power (MoP) has issued the Draft Electricity (Change in Law, Must-run status and Other matters) Rules 2020. The draft lays out rules to allow quick compensation to power plants for additional costs […]

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Company Release

TSE solution for lifetime assessment services

October 5, 2020

TÜV SÜD has developed the temperature-stress-exhaustion (TSE) software to determine the degree of exhaustion of power plant components. The computer program will help  monitor the critical components of a power plant, and enable plant operators […]

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Company Release

GE Renewable Energy and SB Energy sign one of the largest wind power projects in India

October 5, 2020

GE Renewable Energy has been selected by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, aggregating 327 MW, to be installed at the Pritam Nagar wind […]

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Company Release

Suzlon Group appoints Ashwani Kumar as group CEO

October 5, 2020

The Suzlon Group has appointed Ashwani Kumar as its group CEO. Kumar, who has over three decades of experience in the areas of projects, business development and finance at leading Indian power and infrastructure companies, […]

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Company Release

IESW 2020 to accelerate manufacturing and adoption of advanced energy storage and EVs

October 5, 2020

The India Energy Storage Alliance (IESA) will host its annual virtual conference and exhibition, India Energy Storage Week (IESW), during November 3-6, 2020, along with pre-conference workshops on November 2, 2020. The five-day event will […]

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Company Release

PXIL celebrates its 12th anniversary with cumulative volume growth

October 5, 2020

Power Exchange India Limited (PXIL) completed its 12th anniversary on October 22, 2020. Since the jump-start of the day-ahead spot on August 25, 2020, there has been consistent participation on the exchange. In the term-ahead market […]

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Company Release

Hartek Power wins order to lay underground cables

October 5, 2020

Hartek Power Private Limited has won an order from the Chandigarh electricity department for laying underground electricity cables and heavy duty electricity wiring in four sectors – 7, 9, 11 and 26. The project will […]

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Company Release

TSTRANSCO conducts online live training programme for its O&M staff

October 5, 2020

The Corporate Training Institute (CTI), the training arm of the Transmission Corporation of Telangana (TSTRANSCO), conducted a 14-day online live training programme for 198 members of its O&M staff on the maintenance of substations, lines […]

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Company Release

NTPC ranks first among Indian PSUs in Forbes’ World’s Best Employers 2020 list

October 5, 2020

NTPC Limited has been ranked first among Indian PSUs in Forbes’ list of the World’s Best Employers 2020. The recognition is testimony to NTPC’s commitment towards adopting best-in-class practices. During the lockdown phase and the […]

Specials

Material Selection: Options for wet flue gas chimney lining

October 5, 2020

Wet limestone flue gas desulphurisation (FGD) systems have been selected for their efficiency and low running cost by almost all power companies in India for removing sulphur dioxide from flue gas and complying with the […]

Special Section

Steady Advancements: Progress in battery storage technologies

October 5, 2020

Two big obstacles in the widespread adoption of electric vehicles (EVs) are cost and driving range. But steady advancements in battery technology are helping mitigate both issues, and could make electric cars more affordable and […]

Transmission Lines, Towers and Structures

Key Statistics: Transmission line and substation capacity addition

October 5, 2020

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