Indian power sector giants NTPC and Tata Power require massive capital to fund their transformations into clean energy companies. NTPC would need to accelerate decommissioning of coal mines and existing coal-fired power plants and stop building new ones, while Tata Power would need to accelerate decommissioning of its coal-fired power plants prior to their contractual […]
POSOCO signs MoU with IIT Delhi to encourage research on India’s power sector – EQ Mag Pro
Power System Operation Corporation Limited (POSOCO) is a wholly owned Government of India Schedule A enterprise under the Union Ministry of Power. New Delhi: POSOCO-NRLDC signed an MoU with IIT Delhi on Wednesday to encourage research on issues related to the India’s power sector and strengthen academia-industry interaction with the goals of knowledge sharing and […]
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 […]
Over 42,000 MW thermal power plants have outlived their lives
CPCB issued show cause directions to 31 units of 14 thermal power plants worth 13,830 MW capacity in January and to another 11 units of 4 TPPs of total 1,495 MW capacity in February this year for non-compliance New Delhi: Thermal power plants of 42,877 megawatt (MW) capacity have outlived their lives and have been […]
PLF of thermal power plants to fall below 53 per cent in 2020-21: CARE Ratings
The COVID-19 lockdown has led to shut down of all non-essential commercial activities across the country New Delhi: The Plant Load Factor (PLF) of thermal power plants is likely to fall below 53 per cent in the current financial year (2020-21) in the wake of the ongoing lockdown due to the coronavirus outbreak. “A decline […]