The Ministry of Power (MoP) has notified the Distribution of Electricity Licence (Additional Requirements of Capital Adequacy, Creditworthiness and Code of Conduct) (Amendment) Rules, 2022. In the amended rules, MoP has substituted explanation to sub-rule […]
The government will invite bids for battery storage projects from players looking to invest in the renewable energy sector The bids will also be invited for green hydrogen and green ammonia projects. The next round […]
The Ministry of Power has prescribed standard operating procedure (SOP) for implementation of the Electricity (Late Payment Surcharge (LPS) and related matters) Rules, 2022. As per the SOP, suppliers (CPSEs/IPPs/REs/CTU) must update the details of […]
The total power generation stood at 141.75 BUs in April 2022. At around 48.81 BUs and 40.95 BUs, the central and state sectors respectively accounted for the major share in conventional power generation. Meanwhile, renewable […]
There has been a paradigm shift towards energy transition. Siemens’ innovative technologies, extensive global expertise coupled with local know-how and an ambitious goal to decarbonise energy systems are all central to its efforts to be […]
As chairman and managing director (CMD) of the Power System Operation Corporation (POSOCO), K.V.S. Baba is playing an instrumental role in efficiently managing the country’s electric grid while tackling the manifold challenges in grid operations… […]
Andritz has bagged a contract from Greenko Energy for the supply of electro-mechanical equipment for India’s largest pumped storage plant coming up at Pinnapuram in Andhra Pradesh. The project will have a capacity of […]
Over the years, transmission tower designs have evolved significantly in order to reduce the right-of-way (RoW) requirement, ensure speedy execution of projects and withstand diverse environmental conditions. Utilities are increasingly adopting monopoles and multicircuit transmission […]
The national grid operator, Power System Operation Corporation Limited (POSOCO), has accomplished significant tasks in the recent past, from successfully managing the pan-India “lights-off” event on April 5, 2020 to efficiently handling the grid during […]
The year 2020 has begun on a note of cautious optimism for the power sector with some positive policy signals. There has been news of the government’s intention to launch another bailout scheme for the […]
Coal-based power is the source of almost 72 per cent of power generation in India. Various estimates show that even though renewables may grow, they would not be able to displace coal-based power, which will […]
The electricity traded in the day-ahead market at the IEX and PXIL in May 2019 was 3,772.47 MUs and 1.17 MUs respectively. The average market clearing price range at the IEX was Rs 2.37 per […]
According to the International Energy Agency’s (IEA) 4th Annual World Energy Investment (WEI) report published in May 2019, in India, energy sector investments have grown the most over the past three years, up 12 per cent between […]
The Asian Development Bank has signed a $227.7 million loan agreement with Gulf SRC Company Limited for the implementation of a 2,500 MW combined cycle power plant (CCPP) project in Chonburi, Thailand. The loan agreement […]
Technological advancements and innovations driven by rapid electrification of segments like transport, expansion of renewables and digitalisation of the grid are transforming the power sector. With decentralisation, decarbonisation and deregulation, the entire business model of […]
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Sterlite Power Grid Ventures Limited (Sterlite Grid) has successfully issued India’s first transmission bonds. This move is in line with its policy of using innovative financial instruments for projects. In January 2016, the company issued […]
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