NTPC to invest Rs 50,000 cr to add 10GW solar energy capacity by 2022; company to rely on green bonds for funds
The NTPC's plans to add 10GW solar energy capacity assumes significance in view of India's ambitious target of having 175GW of clean energy by 2022.
CERC's draft tariff rules positive for power generation, transmission firms; energy production cost may decline: Report
The CERC in its order on 14 December, notified the draft regulations for cost-plus-based tariff determination for the next control period commencing in April 2019 up to March 2024 (FY2020-24).
Bringing relief to thermal power plants owned by Tata, Adani and Essar groups, the Gujarat government Saturday passed an order to allow pass-through of higher cost of coal to end consumers
The Central Electricity Regulatory Commission (CERC), in its order in October, had approved the claims raised by solar power developers related to the impact of the introduction of the goods and service tax (GST) on their capital cost.
Chief Minister Arvind Kejriwal on Friday urged Lt Governor Najeeb Jung to reconsider his decision scrapping the appointment of Krishna Saini as chairperson of Delhi's power regulator DERC in public interest, saying all laid down procedures were followed by the AAP government during the selection process.
The Power Ministry will come out with a Cabinet note on changes in Tariff Policy within a week for enabling greater competition in the sector, an official said.
To comply with the conditions imposed by Sebi, MCX-SX today issued shares to 12 new investors, including Rakesh Jhunjhunwala, following which the erstwhile promoter FTIL will completely exit from the bourse.
Five states have urged union Power Minister Piyush Goyal to help restore power supply to their states facing major blackouts.
Adani Power has shut down six generating units at its 4,620 MW plant at Mundra in Gujarat citing payment default by Haryana, while Tata Power has closed down two units of its 4,000-MW plant there due to technical snags.<br />
India's energy pricing is seriously flawed with its reliance on government and regulatory interventions and anti-market bias. Both Tata Power and Adani have been bailed out, but they should be penalised for not pricing business risks properly
The challenges of limited domestic coal availability and non-remunerative PPA prices continued to impact our financial performance.<br /><br />
Reliance Power through its subsidiary Sasan Power Ltd is setting up the 4,000 MW ultra mega power project at Sasan in Madhya Pradesh.<br /><br />
The order is similar to CERC's April 2 order allowing Adani Power to charge more for electricity from Gujarat and Haryana for the electricity it will supply from its 4,260 MW Mundra plant in Gujarat.
The order which allows Adani to increase power tariffs to consumers for its project in Gujarat would set a legal precedent for other companies facing issues of fuel shortage and increased costs.
Reliance Power bagged this project in 2007 in an international tender quoting the lowest 'levelised' tariff of Rs 1.19 per unit for 25 years.
India's power sector regulator CERC today suggested establishing a South Asian power trading market to help ease acute electricity shortages facing many nations in the region.
UPA is planning a Bill for oversight of independent regulators that could effectively reduce their independence.
PoSOCO, a subsidiary of Power Grid, controls the National Load Despatch Centre that monitors the country's electricity grid system.
The Citi report makes it a point to mention that in the 11th Plan, Power Grid will push through a capital expenditure of Rs 48,900 crore as against a target of Rs 54,500 crore, implying an achievement of 89 percent of the target compared to 85 percent in the 10th Plan.