In view of the pan India impact of the second wave of corona virus pandemic across the country and the manifold rise in oxygen demand for both medical facilities and for home treatment of patients , the Ministry of Power has undertaken a number of pro-active preventive and remedial measures to ensure that there is […]
Torrent Power asks Rooftop Projects to Sign an Undertaking for Gross Metering Conversion
Torrent Power is forcing to sign an agreement that in future they may shift the net metering solar systems to gross metering, if the regulations comes with retrospective effect. Torrent Power asks rooftop projects to sign undertaking for gross metering conversion later on when gross metering comes in. While having conversation with industry professionals they […]
Discom debt at Rs 6 trillion; negative outlook on power distribution: ICRA
This is in addition to Rs 1.27 trillion pending discom payables to power generators as of December 2020, 30% higher on a year-on-year basis. Consolidated debt of state power distribution companies is estimated at Rs 6 trillion in FY2022, highest post implementation of debt restructure scheme under Ujwal Discom Assurance Yojna (Uday), ICRA said on […]
Discom cannot terminate PPA with insolvent power company: SC
The Gujarat power distribution company had moved Supreme Court saying that neither the National Company Law Tribunal (NCLT) nor the NCLAT had the jurisdiction to stay the termination, which was done as per the clauses of the agreement Gujarat electricity distribution and trading company – Gujarat Urja Vikas Nigam Ltd – has been barred by […]
Tentative list of bidders of Torrent Discom – Solar – Gujarat – 300MW (+300MW Greenshoe) Tender
Tentative list of bidders of Torrent Discom – Solar – Gujarat – 300MW (+300MW Greenshoe) tender. 1. Adani – 150MW 2. Torrent – 150MW 3. Renew – 150MW 4. Juniper – 100MW 5. Vector – 50MW Total – 600MW bids received
MPUVNL Increased Capacity of Solar Bids Under KUSUM Scheme to 300 MW
MPUVNL Increased Capacity of Solar Bids Under KUSUM Scheme to 300 MW For more information please see below link:
Fitch Ratings: India Discom Reform Plan to Benefit Power Gencos in Long Term
(The following statement was released by the rating agency) Fitch Ratings-Singapore-01 February 2021: The central government of India’s proposed plan to improve the operations and finances of state-owned distribution companies (discoms), the weakest link in India’s power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, […]
NSEFI Welcomes the DISCOM reform package and National Hydrogen Mission announced in Union Budget – 2021
NSEFI Welcomes the DISCOM reform package and National Hydrogen Mission announced in Union Budget – 2021 For more information please see below link:
Hold back imposition of BCD on solar equipment in Budget, demand developers
New Delhi: Solar power developers in the country have demanded that the government should hold back the imposition of basic customs duty (BCD) on solar equipment for the time being in the forthcoming budget. They fear that this could derail the government’s ambitious target of having 175GW renewables by 2022, requiring an investment flow […]
West Bengal Discom Approves PSA for Purchase of 100 MW Power by IPCL
West Bengal Discom Approves PSA for Purchase of 100 MW Power by IPCL For more information please see below link:
