The Union Minister for Power and New & Renewable Energy has informed about the status of repayment of the bonds issued by the State Governments and the DISCOMs under the UDAY scheme. The Minister informed that as per OM dated 20th November, 2015 of UDAY Scheme (Clause 7), for Operational and Financial Turnaround of Power […]
No power supply to discoms without bank guarantees
The move comes on the backdrop of the deep financial stress being faced by the power industry due to non-payment of dues The Union power ministry has directed electricity generators to snap supplies to state distribution companies which have failed to open or maintain bank guarantees. Following this directive, the states will have no option […]
Budget 2019: Reforms, revival expected to infuse fresh energy into power industry
Power minister RK Singh says a revival scheme for gas-based power plants and a tariff policy are in final stages of being drafted. NEW DELHI: The government plans major reforms in the power sector, including revival schemes for state distribution companies and fuel-starved power plants that depend on natural gas. A package of structural and […]
Budget 2019: 24×7 quality power with smart infrastructure solutions
Union Budget 2019: Besides energy efficiency, smart infrastructure solutions enhance safety, sustainability and reliability. Budget 2019 India: As scorching summers set electricity demand soaring to record highs, the government has its task cut out in driving energy reforms and policy initiatives. These factors should be significant as the Centre prepares to announce the 2019 Union […]
Govt must focus on supply as it has on generation, transmission
The results of a coordinated approach have already been demonstrated in the Saubhagya programme All this would need stronger coordination between the central government and the states The new government’s 100-day action plan proposes a power sector council. Given power is a concurrent subject, and its interlinkages with other sectors, it would need a coordinated […]