Sitharaman may provide support for Ujjwala beneficiaries for buying refill gas cylinders Reforms in power distribution companies (Discoms) and support for Ujjwala Yojana beneficiaries to purchase refills of cooking gas cylinders will be among the announcements the energy sector will expect Union Minister for Finance Nirmala Sitharaman to include in the budget she will table […]
Energy Storage Options for a Renewable Intensive Future
The fact still remains that PSPs have a clear advantage over BESS currently and will continue to do so at least in the near future. With increase in penetration of intermittent energy resources such as wind and solar in the national grid, India’s power sector is facing a challenge of balancing this intermittent energy through […]
Power sector to save Rs 2,500cr annually due to corporate tax cut: ICRA
The government on September 20 slashed the income tax rate for companies by almost 10 percentage points to 25.17 percent and offered a lower rate to 17.01 percent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs. The corporate tax cut is a positive […]
Rationalise tariffs, don’t blame renewable: Power minister to Andhra govt
This is the second letter in two months by the Union ministry to the Andhra Pradesh government after the state decided to review all the renewable power projects, citing high costs R K Singh, Union minster for power and new & renewable energy, in his latest letter to the Andhra Pradesh government blamed the state’s […]
Foreign investment in power sector soars
Foreign investment in the electricity sector of Bangladesh is going up remarkably every year compared to other countries in the world. In last one year, a total of $2.5 billion has been invested in the power sector to generate 2,000 MW power in private in sector. It is also expected that another $15 billion investment […]
Power sector scenario in TS is okay: R K Singh
Union Minister of State for Power and New Renewable Energy R K Singh said that as of now the power scenario in Telangana is fine. Hyderabad: Union Minister of State for Power and New Renewable Energy R K Singh said that as of now the power scenario in Telangana is fine. When it comes to […]
Appellate Tribunal For Electricity strives to fix power sector problems
This apart, ATE has also sought suggestions on the problems faced by the distribution companies and transmission companies In an unprecedented move, the Appellate Tribunal For Electricity (ATE) on September 6 issued an order seeking inputs from all stakeholders to resolve the problems faced by the power sector. The trigger was letter written by the […]
Why storage is the next big thing for the power sector
Battery storage could be the next frontier for the power sector in India where hardships from power outages are not a distant memory. From the outside, Tata Power Delhi Distribution’s office in Rohini looks like a part of any other electrical substation in the country. High-voltage cables and wires criss-cross each other above the premises. […]
Uttar Pradesh to invest Rs 20,000 cr in improving power transmission infra
State peak hour power demand estimated to jump 35% to 30,000 mw by 2024 The Uttar Pradesh government plans to invest Rs 20,000 crore in five years for improving power transmission, seeking to provide uninterrupted electricity to industries as it aims to become a $1-trillion economy. It’s estimated that the peak hour energy demand in […]
Power Sector Update: Demand remains strong; focus on distribution reforms
Power Sector Update: Demand remains strong; focus on distribution reforms For more information please see below link: