AIPEF Requests all CMs to Reject the Electricity Amendment Bill

AIPEF has urged all CMs to reject the Electricity Amendment Bill saying that the new amendments will weaken the authority of states in the power sector. The All India Power Engineers Federation (AIPEF) has urged all chief ministers (CMs) to reject the proposed Electricity Amendment Bill 2020 saying that the draft amendments in the new bill will weaken the authority […]

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Average Power Price in RTM Lowers to Rs 2.22 per Unit in June

The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […]

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Discoms’ Dues to Gencos Expands to Rs 1.23 Lakh Crore

Gencos total outstanding dues owed by Discoms rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year. Power generators (Gencos) total outstanding dues owed by distribution companies (Discoms) rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. […]

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Tata Power Takes Over CESU, Begins Power Distribution Work in Odisha

Tata Power has taken over the management of CESU, after receiving LOI from OERC for the distribution and retail supply of electricity in 5 circles of Odisha Tata Power, India’s largest integrated power utility, has announced that it has taken over the management of the Central Electricity Supply Utility of Odisha (CESU), after receiving the […]

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MNRE Extends Deadline for Comments on Draft Standards for Utility Grid Inverters till May 7

In continuation of providing time extension for various schemes, the Ministry of New and Renewable Energy (MNRE) has now extended the deadline for submission of comments and suggestions by the industry stakeholders on the draft standards for utility grid inverters till May 07, 2020. MNRE has written to all experts and related industry stakeholders informing […]

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Ministry of Power Answers Queries on Grid Stability During 9PM9Minutes

The Ministry of Power has issued FAQs answering the most important questions raised by the public and key stakeholders on grid stability during 9PM9Minutes Prime Minister Narendra Modi at 9 AM on April 3, 2020, had urged all countrymen to switch off their lights for 9 minutes at 9 pm on Sunday (April 5, 2020) […]

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Backed by RE, Ministry Confident of Meeting Peak Demand by 2026-27

The Standing Committee on Energy recently presented its 4th report in the Parliament, one key area of focus was peak power demand and the demand met The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat

Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […]

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