Power Thefts: RERC Asks Discoms To Recover Fuel Charges Too

The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, directed the state discoms to recover fuel surcharges in addition to the recovery of electricity charges from power consumers indulged in unauthorized connections. The order came to the fore after three discoms in Rajasthan–Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), Ajmer Vidyut Vitran Nigam Ltd. (AVVNL) […]

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Revamped Distribution Sector Scheme Sanctioned in Ladakh at Rs 687.05 Cr

The Government has given its nod for the implementation of the Revamped Distribution Sector Scheme (RDSS) in the Union Territory of Ladakh. The scheme been sanctioned at a cost of Rs 687.05 crore. Towards this, an agreement has been signed between the Chief Engineer, Distribution, Ladakh Power Development Department (LPDD), Tsewang Paljor and Executive Director […]

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Power Ministry Issues New Draft Electricity (Amendment) Rules 2023, Seeks Comments From Stakeholders

The Ministry of Power on Friday released its latest Draft Electricity (Amendment) Rules 2023 and sought comments from stakeholders by the end of May 11, 2023. The new draft rules have proposed changes in Section 15 and Section 19 of the Electricity Rules 2005.  The new rules have been named ‘Electricity (Amendment) Rules 2023’. The notification […]

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SECI Invites Bids for Solar Power Projects upto 5 MW

SECI invites bids for design, supply, installation, testing and commissioning including warranty, comprehensive operation & maintenance of solar power projects in India -rooftop and ground mounted (up to 5 MW) systems has been issued by Solar Energy Corporation of India (SECI). The tender closes on 18.05.2023 at 00:00 Hrs. The tender opens on 18.05.2023 at […]

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“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair

With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […]

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Power Regulator CERC Appoints Jishnu Barua as Chairperson

Jishnu Barua has assumed charge of power regulator CERC (Central Electricity Regulatory Commission) as the Chairman. The newly appointed Chairperson was administered the oath by MNRE Minister R K Singh. Barua had been appointed to the post of the Chairperson on 27 February. He was the Chief Secretary of Assam from October 2020 to August […]

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NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan

NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a  term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and  the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […]

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PFC’s Consolidated Profit Climbs 7% at Rs 5241 Cr in Dec Quarter

State-owned non-banking financial firm Power Finance Corporation (PFC) has reported a 7% increase in its consolidated profit, standing at Rs 5,241.10 crore in December quarter. Higher revenues have contributed to this increase. PFC’s consolidated net profit was pegged at Rs 4,893.91 crore in FY22 October-December quarter. The cumulative income of the firm rose to Rs […]

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IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU

The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […]

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