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Coal crisis: Centre warns states against selling share of unallocated power at a higher rate
•In case of surplus power, states have been requested to intimate to the Government of India so that this power can be reallocated to other needy states, said the power ministry in a statement
Jharkhand exits 2017 TPA: Amid rising federal tensions, question is who will pay 'bijli ka bill'
Argya Bhasker •Jharkhand announced its exit from a Tripartite Agreement (TPA) between the state, Government of India (GOI) and Reserve Bank of India (RBI) after the cabinet approval. The TPA was invoked after the state government failed to clear its outstanding dues to Damodar Valley Corporation
Discoms generate 95% billing efficiency after installing smart meters; monthly revenue per consumer rises up to 20%
•States like Uttar Pradesh, Haryana, NDMC New Delhi and Bihar have installed around 9.84 lakh, 1.23 lakh, 57,000 and 28,000 smart meters, respectively, it added.
Power ministry extends deadline for stakeholders' feedback on draft Electricity Bill till 5 June
•The AIPEF had strongly condemned the timings of the power ministry's move to bring back the Electricity Amendment Bill 2020 when the whole country is fighting against the COVID-19 pandemic.
Power Ministry flags concerns over divesting govt stake below 51% in NTPC, PowerGrid; says move not to go down well with investors
•Earlier, under disinvestment plan, it was proposed to divest government equity below 51 percent of its stake in certain public sector undertakings, including NTPC, PowerGrid and PFC.
Power Ministry seeks Brazilian investment in fastest-growing Indian energy market; expects consumption to treble
•Power Minister RK Singh on Thursday urged Brazilian investors to invest in the Indian energy sector, saying it is the fastest-growing energy market and its consumption will treble in coming days
Washing machines, microwave ovens to have energy efficiency ratings; govt eyes to save 3 bn units of power by 2030
•The programme is aimed at improving energy efficiency in household appliances to reduce energy bills of common consumers.
Electricity meters to be made smart prepaid in three years; move to reduce transmission, distribution losses
•Manufacturing of smart prepaid meters will also generate skilled employment for the youth.
RBI refuses to give concessions for ARC to warehouse stressed power projects to prevent distress sale
•A power sector expert said in the absence of the sought concessions from RBI, it would be a tightrope walk for the REC and other lenders to implement the proposal of setting up an ARC for the purpose
Finmin may consult RBI soon to resolve stress power sector problems, seek some relaxation
•Around eight-nine commissioned power projects will be impacted by the Allahabad High Court order and banks have mostly provided for these stress projects.