25th Anniversary Edition
We have turned 25!: Letter from the Publisher, Alok Brara
We have turned 25! And it’s time for another anniversary issue. […]
Month: September 2021
Editor's Pick
Interview with Suresh Prabhu: “Learn lessons from power sector reforms”
Suresh Prabhu, Former Union Power Minister, has been one of the key change-makers in the power sector. He is responsible for having pushed through critical reforms, most notably the Electricity Act, 2003. In a recent […]
Editor's Pick
Interview with Alok Kumar: “The viability of the sector is most important”
The power sector has achieved several important milestones over the past few years, including universal electrification and a single unified national grid. It has also taken rapid strides on the renewables and energy efficiency fronts. […]
EXPERT OPINION
A Major Challenge: By R.V. Shahi, Former Secretary, Ministry of Power
During the month of August, 2021, I had good opportunities of participating in two important Webinars on issues concerning problems in the Electricity Distribution Sector in India which are creating a very adverse impact on the entire power supply chain […]
International News
Chubu Electric Power Co., Inc. to invest in Vietnam’s Bitexco Power Corporation
The Japanese utility, Chubu Electric Power Co., Inc. plans to invest in Vietnam’s Bitexco Power Corporation (BPC) to become a 20 per cent equity stakeholder in the company. Chubu Electric participated in a bid for […]
Private Sector
Adani Green Energy to acquire 40 MW solar project in Odisha
Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), plans to acquire a 40 MW operating solar project in Odisha. The AREMHL has signed definitive agreements with Essel Green […]
Private Sector
Sembcorp raises SGD675 million through SLBs
Singapore-based Sembcorp Industries has raised SGD675 million through sustainability-linked bonds (SLB) with a tenor of 10-and-a-half years and a coupon rate of 2.66 per cent. The funds will be utilised in financing the company’s working […]
Central Sector
NTPC REL signs first Green Term Loan
NTPC Renewable Energy Limited (REL) has signed its first green term loan agreement of Rs 5 billion. The agreement has been signed at a competitive rate with a tenor of 15 years with Bank of […]
Reforms and Regulations
MoP redesigns renewable energy certificate mechanism
The Ministry of Power (MoP) has approved the amendments in the existing renewable energy certificate (REC) mechanism. Accordingly, floor and forbearance price limits will be removed and REC prices will be determined by market conditions. […]
Renewables
Interview with Dr Ajay Mathur: “Fossil fuels will possibly disappear over time”
In 25 years, renewables plus storage will be the dominant generation source, believes Dr Ajay Mathur, director general, International Solar Alliance (ISA). While fossil fuel capacity will continue to serve as baseload, by 2030, the […]
Transmission
Interview with S.K. Soonee: “India has got transmission right”
With the Indian electricity grid becoming increasingly complex, grid operation and transmission planning will evolve significantly over the next 25 years, believes S.K. Soonee, adviser, Power System Operation Corporation Limited (POSOCO). There will be a […]
International News
PT PLN to construct subsea cable between Sumatra and Bangka
Indonesia’s state-owned power company, PT Perusahaan Listrik Negara (PT PLN), is planning to construct a subsea cable between Sumatra and Bangka. … The subsea cable would be 36circuitkm in length and is expected to be […]
Private Sector
Virescent Infrastructure sets up the first RE InvIT in India
Virescent Infrastructure, a renewable energy platform sponsored by private equity major KKR has set up the first renewable energy (RE) infrastructure investment trust (InvIT) in India, called Virescent Renewable Energy Trust (VRET). … VRET has […]
Private Sector
Power Global signs MoUswith PositivEnergy and Redivivus
Power Global has signed MoUs with PositivEnergy and Redivivus for recycling oflithium-ion batteries.… When electric vehicle (EV) and stationary storage battery modules of Power Global will reach their end-of life, Redivivus will reclaim up to […]
Central Sector
Government launches second attempt of auction process coal mines
The central government has launched the second attempt of auction process for 11 coal mines, for commercial mining.… These 11 mines were offered in the first attempt launched on March 25, 2021 and had fetched […]
Central Sector
NHPC approves proposal to form a subsidiary for RE projects
The Board of Directors of NHPC Limited has approved the proposal for setting up a subsidiary for the development of renewable energy (RE), small hydro and green hydrogen projects.… The wholly owned subsidiary company would […]
25th Anniversary Edition
Turning Back the Pages: Celebrating the past, focusing on the future
Suite 104, Lodhi Hotel, New Delhi. That’s where it all began. A modest suite in the heart of the capital, which was Power Line’s first office, the headquarters where all the action was taking place. […]
International News
MEMR passes new regulation for rooftop PV industry in Indonesia
The Ministry of Energy and Mineral Resources (MEMR) of Indonesia has passed a new regulation for the solar rooftop photovoltaic (PV) industry in the country. … The new MEMR rules aim to provide a better […]
Private Sector
ISRPL floats a tender for a 2.9 MW rooftop solar system in Haryana
Indian Synthetic Rubber Private Limited (ISRPL)has floated a tender for the installation and commissioning of 2.9 MW of rooftop solar systemat its manufacturing facility in Panipat, Haryana. … The scope of work comprises designing, planning, […]
Central Sector
Government to extend provisions of subsidy under FAME II scheme
The central government is planning to extend the provisions of het Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) II to the buyers of passenger cars meant for personal use. … The government […]