Power Finance Corporation Limited signed an MoU for FY 2022-23 with Ministry of Power on 6th December 2022 in line with the DPE guidelines. Shri Ravinder Singh Dhillon, CMD, PFC signed the MoU with Shri Alok Kumar, Secretary, Ministry of Power in the presence of Shri Ashish Upadhyaya, Special Secretary & FA, MoP, Shri Ajay […]
Transmission System for Integration of over 500 GW Renewable Energy Capacity by 2030 – EQ Mag
Transmission System for Integration of over 500 GW Renewable Energy Capacity by 2030. For more information please see below link:
Marked Reduction in Aggregate Technical and Commercial losses of DISCOMs in FY22 – EQ Mag
Ministry of Power institutes number of measures to improve the performance of utilities Aggregate Technical and Commercial losses of DISCOMs decline significantly to ~17% in FY2022 from ~22% in FY2021 Gap between Average Cost of Supply and Average Realizable Revenue declines from Rs. 0.69/kWh in FY2021 to Rs. 0.22/kWh in FY2022 Aggregate Technical and Commercial […]
Ministry of Power issues order for waiver of ISTS charges on transmission of electricity generated from new hydro-power projects as a further step to realise the Government’s commitment to achieve its power requirement from renewable energy sources – EQ Mag
ISTS charges on transmission of electricity generated from new hydro-power projects waived for 18 years from the date of commissioning In a further step to realise the Government of India’s commitment to achieve its power requirement from renewable energy sources, Ministry of Power has issued an order for the waiver of Inter-State Transmission system (ISTS) […]
Total outstanding dues of States reduced by Rs 24,680 crore: Ministry of Power – EQ Mag
But cumulative dues remain at a high of Rs 1.13 trillion Thanks to a special loan scheme by state-owned lenders Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), the dues of power distribution companies (discoms) towards power generators has reduced by Rs 24,000 crore. However, cumulative dues remain at a high of Rs 1.13 […]
Ministry of Power launches scheme for Procurement of Aggregate Power of 4500 MW for five years under B (v) of SHAKTI Policy – EQ Mag
Scheme to help states that are facing power shortage and help generation plants to increase their capacities Under the scheme, PFC Consulting Ltd has invited bids for the supply of 4,500 MW. Supply of electricity will commence from April 2023. Ministry of Coal has been requested to allocate around 27 MTPA for this. The last […]
Amendment to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected RE Power Projects – EQ Mag
Amendment to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected RE Power Projects. For more information please see below link:
Reforms in Power Sector – EQ Mag Pro
Meeting of Parliamentary Consultative Committee attached to Ministry of Power held – EQ Mag Pro
The Meeting of Parliamentary Consultative Committee attached to the Ministry of Power was held in New Delhi today. Union Minister for Power and MNRE Shri R.K Singh chaired the meeting. Minister of State for Power and Heavy industries Shri Krishan Pal Gurjar was also present in the meeting. Hon’ble Members of Parliament of various political […]
Appointment of Shri Piyush Singh, Joint Secretary, Ministry of Power, as Government Nominee Director on the Board of REC Limited vice Shri Vishal Kapoor – EQ Mag Pro
Appointment of Shri Piyush Singh, Joint Secretary, Ministry of Power, as Government Nominee Director on the Board of REC Limited vice Shri Vishal Kapoor. For more information please see below link: