Distribution companies (discoms) owed a total of Rs 67,012 crore to power generation companies in January 2019, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators). Power producers’ total outstanding dues owed by distribution firms rose nearly 32 per cent to Rs 88,311 crore in January […]
Rooftop solar developers may approach state regulator for connectivity
The Distributed Solar Power Association, a body of solar rooftop developers, likely to soon file a petition before the Haryana Electricity Regulatory Commission protesting the power discoms’ reluctance. BENGALURU: Around 1000 MW of solar projects in Haryana are unable to transmit power because distribution companies are not giving them the required connectivity, aggrieved solar developers […]
Power minister approves major relief measures for power sector
Union Power Ministry committed to ensure 24×7 electricity supply during lockdown Payment security to be reduced by 50 percent Directions issued to CERC to provide three months’ moratorium on Discoms to make payment to Gencos and transmission and no penalty on late payment; States requested to issue similar directions to SERCs New Delhi: Despite the […]
Covid-19 lockdown impact: Power demand drops as offices stay plugged out
The price discovered on the IEX Day Ahead Market for delivery on Wednesday was at ₹1.95 per unit. The spot power price hit a low of ₹1.90 per unit in June 2017 due to excessive rainfall. Sources said the closure of offices and factories, reduced buying by state distribution utilities and the Indian Railways stopping […]
Installed rooftop solar capacity in India at 1,922 MW: MNRE Minister
Till March 13, 2020, rooftop solar power plants of an aggregate capacity of 1,922 MW have been installed in the country, of which 346 MW have been installed in the residential sector, Minister of New and Renewable Energy R K Singh said in the Rajya Sabha, citing ministry data. NEW DELHI: The country’s rooftop solar […]
IWPA suggests changes in the CERC – REC Regulations (Third Amendment)
According to a recent office memorandum by MNRE, the IWPA has suggested making a few amendments to the CERC REC Regulations (Third amendment) dated 30th December 2014. The amendment talks about the eligibility norms for the DISCOMs that have significantly achieved RPO (as per the regulation) As per the IWPA’s suggestion, a RE multiplier can […]
Incentivising DISCOMs for over-achieving RPOs-reg.
Incentivising DISCOMs for over-achieving RPOs-reg. For more information please see below link:
Adani Power, Essar Power place lowest coal-based tariffs in years
Sources said Adani Power has quoted Rs 3.26 per unit for supply of 700-mw from two its plants in Raigarh and Raipur, while Jindal Power Ltd bid for 420-mw of supply from two plants. Essar Power has quoted for 260-mw, while Jindal India Thermal Power for 270-mw. New Delhi: A dozen power plants of companies […]
AP Government to procure 1500 MW of solar power at Rs 2.70 per unit
The Andhra Pradesh State power companies (DISCOMs) have taken yet another decision to buy the cheap power for Rs 2.70 per unit. The power officials have reportedly said to be in the final stages of implementing the proposal. It is known the fact that the Solar Energy Corporation of India and NTPC have jointly set […]
Power discoms faced losses worth Rs 27000 crore in FY19: Power Minister R K Singh
After the meeting, Singh said, “The total loss of all power distribution companies in the financial year 2018-19 was Rs 27,000 crore. That is huge. Because of the losses, the discoms are under stress” Panaji: Power distribution companies in the country suffered losses worth Rs 27,000 crore in 2018-19, Union Power Minister R K Singh […]