Smart Prepaid meters have enabled DISCOMs in Bihar in generating daily revenue of INR 500000 during nationwide lockdown 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 metering programme in India. Under this programme, a total no. of […]
Discoms’ outstanding dues to power gencos rise to Rs 10,763 cr in Mar’20
Discoms’ outstanding dues to power gencos rise to Rs 10,763 cr in March The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms Power producers’ total outstanding dues owed by distribution firms jumped to Rs 10,763 crore in March 2020 over the same month […]
Peak power demand in India still down 26 per cent at 134.7 Gigawatt in May
New Delhi: Peak power demand remained down by over 26 per cent in May so far at 134.7 GW despite partial easing of the coronavirus lockdown. In April too the peak power demand was down by about one-fourth as compared to the corresponding month last year. According to power ministry data, the peak power […]
Including hydropower in RPO target for states to boost grid flexibility, address variability of solar and wind energy
The draft amendment also provides for Renewable Generation Obligation (RGO) and lays down the modalities for bundling of renewable energy including hydro with thermal energy New Delhi: The proposal by the power ministry to include hydropower within the renewable purchase obligation (RPO) targets set for the state distribution companies will provide greater flexibility to the […]
Electricity Amendment Bill Pushes for Privatisation Model, Limits Powers of Local Admin, State Govts
Experts question the government’s stance of preparing and notifying ‘National Energy Renewable Policy’ through the bill in spite of controversy over classification of hydro power as renewable energy. On Wednesday, April 29, a national consultation on the Draft Electricity Amendment Bill, 2020, organised online by a group of non-profit organisations, unanimously opposed the changes proposed […]
COVID-19 lockdown likely to decline the all India electricity demand in FY21: ICRA
As per an ICRA note, the demand slowdown amid the lockdown is likely to lead to a de-growth of 1.0% in electricity demand for the full year of FY2021, considering the full lockdown till May 3, 2020, partial lifting of lockdown in the non-red zones in May and June 2020 and resumption of full operations […]
Partial easing of lockdown fails to perk up power demand, cool weather plays spoil sport
The experts said that the maximum temperature in second half of April can go as high as 40 degree celsius but it remained around 35 degree celsius on an average during last week New Delhi: Partial relaxation in lockdown for certain economic activities from April 20 onwards could not perk up power demand, which remained […]
Power industry gives thumbs up to proposed Electricity Act Amendments
According to Khurana, in order to avoid any jurisdictional issues between CERC and the new Electricity Contract Enforcement Authority, bifurcation of their functions should be spelt out clearly New Delhi: The Power ministry’s proposed amendments to the Electricity Act of 2003 have received a thumbs up from the industry with players welcoming the proposed push […]
Lockdown: Cabinet likely to approve package for power discoms reeling under revenue loss
The package may also include steps like directions to the state and central power regulators to reduce electricity traiff The Union cabinet is likely to approve next week a package for discoms reeling under revenue loss due to lower power demand amid the coronavirus lockdown, including setting up of an alternative investment fund to pay […]
Discoms to suffer Rs 30K cr revenue loss, face Rs 50K cr liquidity crunch due to lockdown: CII
According to the report, power sector, one of the essential services under the lockdown till May 3, is battling the twin issues of demand and liquidity compression New Delhi: Industry body CII on Friday said discoms are likely to suffer a net revenue loss of around Rs 30,000 crore and liquidity crunch of about Rs […]