The government has also proposed to empower load dispatch centres to oversee the payment security mechanism to power plants from discoms before scheduling dispatch of electricity New Delhi: The government proposes to establish an Electricity Contract Enforcement Authority to resolve issues based on performance of contracts among power plants, transmission companies and distribution utilities. It […]
Renewable Energy Certificates (RECs) are a type of market-based instrument. New Delhi: Sales of renewable energy certificates rose over 79 per cent to 8.38 lakh units in March compared to 4.68 lakh in the same month a year ago owing to good supply, according to official data. Renewable Energy Certificates (RECs) are a type of […]
The long-planned project is going ahead despite Equinor’s decision to cut investment following a plunge in oil prices that has reduced the company’s cash flow. OSLO: Norway approved on Wednesday Equinor’s 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, […]
Gujarat,India: Energy demand in Gujarat, India is growing rapidly. To cover it, Gujarat government launched a solar power project for farmers-Suryashakti Kisan Yojana (SKY) (KUSUM YOJANA), enabling them to generate electricity for captive consumption and sell surplus power to grid for extra income. “In 2019, SOFARSOLAR have supplied its technology and more than 150MW solar […]
The PSPCL will have to bear an additional burden of Rs 350 crore due to the various reliefs announced for the consumers, an official spokesperson said Chandigarh: To further mitigate the hardships faced by the people amid the lockdown, Punjab Chief Minister Amarinder Singh on Tuesday announced a reduction in the fixed charges for electricity […]
The decision was taken in light of rules barring large group meetings due to the outbreak of the coronavirus, WAM reported. DUBAI: Abu Dhabi’s department of energy has postponed the announcement of the winning bids for developing a 1.5 gigawatt (GW) solar power plant in the Al Dhafra region, state news agency WAM reported late […]
The real-time power market (RPM) enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery. Power regulator CERC has decided to defer the implementation of real-time power market till June 1 amid the coronavirus outbreak, a senior official said. Earlier, it was scheduled to kick in […]