Government of Andhra Pradesh Approves ₹900 Cr. to Pay NTPC Towards Letter of Credit Power Subsidy – FY-2020- 21 – Payment Security Mechanism – Central Generating Station M/s.NTPC Ltd., – Sanction of an amount of Rs.900.00 Cr/- from Nov-2019 to Jan-2020 – Orders – Issued. For more information please see below link:
AIPEF urges chief ministers to reject Electricity Amendment Bill
The federation shot off a letter to the chief ministers ahead of a meeting of ministers concerned with Union Power Minister R K Singh on Friday. New Delhi: The All India Power Engineers Federation (AIPEF) has urged all chief ministers to reject the Electricity Amendment Bill 2020 saying that the proposed amendments will weaken the […]
NTPC Extended Bid Submission Deadline for 1200 MW of Solar Projects
INVITATION FOR BIDS (IFB) FOR SELECTION OF SOLAR POWER DEVELOPERS FOR SETTING UP 1200 MW ISTS CONNECTED SOLAR PV POWER PROJECTS ANYWHERE IN INDIA For more information please see below link:
Real-time power trading to reduce input costs for discoms, tariffs for consumers
Developing a responsive and transparent power market by 2030 is a key component of Singh’s reforms roadmap for introducing intense competition to achieve the Narendra Modi government’s objective of providing 24X7 affordable power to all NEW DELHI: India joined the ranks of developed markets such as the US and Europe with power minister R K […]
Power minister proposes a new scheme worth Rs 3 lakh crore to finance commission
Officials of the power ministry discussed the need to restructure the power system to make states responsible for the financial health of their power distributions companies (discoms), with the NK Singh-led FC Power minister RK Singh proposed a new scheme for the power sector amounting to Rs 3 lakh crore spanning five years, in his […]
PM Modi reviews power sector, says state-specific solutions needed
Reviewing the work of Power, and New and Renewable Energy ministries on Wednesday evening, Modi pointed out that the problems in the power sector, especially of electricity distribution segment, vary across regions and states. Prime Minister Narendra Modi has emphasised on the need to enhance consumer satisfaction while increasing operational efficiency and improving financial sustainability […]
EESL’s Smart Meters help Bihar DISCOMs generate recharge revenue of INR 5,00,000 amid the nationwide lockdown
With Smart Meters, DISCOMs generate 100% billing efficiency in Bihar Total 28000 smart meters have been installed in the state till date, out of which 25000 are smart prepaid meters New Delhi: Energy Efficiency Services Limited (EESL), a PSU under the Ministry of Power, Government of India, is the designated agency to implement the smart […]
India adds 1,043 MW of wind and solar utility scale capacity in Jan-Mar: Report
According to clean energy consultancy Bridge To India, the country added 328 MW of utility scale wind capacity in the quarter ended March, which was down 65 per cent as compared to 944 MW in January-March 2019 New Delhi: India added about 715 mega watt (MW) of utility scale solar capacity in January-March 2020, down […]
Liquidity support provides temporary lifeline to discoms: S&P
The agency noted that many discoms in India have weak financial health owing to excess debt, loss-making operations, and high transmission and distribution (T&D) losses of more than 15 per cent Mumbai: The government’s stimulus measures will only provide a temporary lifeline to state-owned power distribution companies as the coronavirus pandemic has increased liquidity pressure […]
Union Power Ministry writes to States/UTs extending Rs 90,000 crore package under Atmanirbhar Bharat Abhiyan
The funding would be done in two tranches of Rs. 45, 000 crore each Union Ministry of Power has also decided to defer Fixed Charges of Central Power Gencos for power not scheduled to the DISCOMs during the lockdown period; to be repaid without interest in three equal instalments after lockdown Central Power Gencos/Central Transmission […]