Request for urgent release of payments to RE Developers having PPAs with AP DISCOMs by PFC and REC under Atmanirbhar Bharat Abhiyan scheme for DISCOMs For more information please see below link:
Azure Power Provides an Update on 4 GW Tender
NEW DELHI: Azure Power continues to work towards signing PPAs for the 4 GW manufacturing linked tender for which a Letter of Award (“LOA”) has already been received. The Solar Energy Corporation of India (“SECI”) has informed us that so far there has not been adequate response from the state electricity distribution companies (“DISCOMs”) […]
Government of India Planning a ‘Green City’ in Every State
The Indian government wants to develop a ‘green city’ in every state of the country, powered by renewable energy. The ‘green city’ will mainstream environment-friendly power through solar rooftop systems on all its houses, solar parks on the city’s outskirts, waste to energy plants and electric mobility enabled public transport systems. India’s Ministry of New […]
Dip in wind energy generation and rise of blended renewable energy projects witnessed in Q2: CEEW-CEF
New Delhi: Renewable energy’s share in the energy mix decreased marginally from 11.4 per cent in Q2 FY20 to 10.7 per cent in Q2 FY21, according to the latest edition of the CEEW Centre for Energy Finance’s quarterly Market Handbook. A prominent reason for the decline was the unseasonable and sharp reduction in wind speeds […]
Ministry of Power mandates all DISCOMs to comply Energy Conservation (EC) Act , 2001
The Ministry of Power, Government of India issued notification S.O. 3445 (E) dated 28th September, 2020 to cover all the Electricity Distribution Companies (DISCOMs) under the preview of the EC Act. As per the notification, which was formulated in consultation with Bureau of Energy Efficiency (BEE) “All entities having issued distribution license by State/Joint […]
Discoms’ outstanding dues to power gencos rise 28% to Rs 1.38 trn in Sept
The overdue amount in September 2020 has increased from Rs 1,22,090 crore in August 2020 Power producers’ total dues owed by distribution firms rose over 28 per cent year-on-year to Rs 1,38,479 crore in September 2020, reflecting stress in the sector. Distribution companies (discoms) owed a total of Rs 1,07,930 crore to power generation firms […]
BSES discoms launch projects to promote rooftop solar plants in Safdarjung, Karkardooma
The two projects follow a statement of intent signed by the US Department of State and India’s Ministry of New and Renewable Energy (MNRE) under the US-India Clean Energy Finance Task Force on November 15, 2018, he said New Delhi: The BSES discoms have launched projects to promote adoption of rooftop solar plants in Safdarjung […]
PFC offers funding facility to discoms for timely payments of outstanding dues
In May, the government announced a Rs 90,000 crore liquidity infusion for discoms under which these utilities would get loans at economical rates from PFC and REC. State-owned Power Finance Corporation has introduced a facility for electricity distribution companies (discoms) to avail funds for paying their dues to power generation companies (gencos), a move that […]
India has attained status of One Nation, One Grid, One Frequency: Power Secy
He was speaking in a webinar organised by PHD Chamber of Commerce and Industry on ‘Innovations in Renewable Energy’. New Delhi: India has already attained the status of ‘One Nation, One Grid, One Frequency’ and there are now no constraints in inter-regional transfer of power, said Sanjiv Nandan Sahai, Secretary, Ministry of Power, on Saturday. […]
Direct Benefit Transfer (DBT) to all the farmers in the state-Implementation
Direct Benefit Transfer (DBT) to all the farmers (agriculture consumers) in the state-Implementation- Orders- Issued For more information please see below link:
