Category Archives: Power

• GST to have marginally negative impact on new solar projects: ICRA

  Posted on June 7, 2017 by Diligentia News in Power.

  The GST rate of five per cent on solar PV cells and modules is likely to have a marginally negative impact on new solar power projects, says ICRA. The GST rate of five per cent is finalised on solar PV cells and modules as per the notification dated June 3, 2017 which thus clears the […]

  Continue Reading...
  No Comments.

• Despite UDAY bailout package, net loss of Uttar Pradesh’s discoms rises

  Posted on June 7, 2017 by Diligentia News in Power.

  Even the Ujwal Discom Assurance Yojana (UDAY), a whopping Rs 39,000 crore financial dose, appears to have failed to inject life in Uttar Pradesh’s ailing power sector so far. That is what the Centre’s latest analysis report on the distribution companies’ performance indicates. The Centre has found the UP discoms to have further slipped on […]

  Continue Reading...
  No Comments.

• Indian Power Surplus Outlook Signals Lagging Electrification

  Posted on June 7, 2017 by Diligentia News in Power.

  India expects to have a surplus of power for the first time in at least 13 years, a sign that the country’s goal of full electrification may be lagging. The country’s power plants are forecast to produce 8.8 percent more electricity than its distributors will demand during the year to March, the Central Electricity Authority […]

  Continue Reading...
  No Comments.

• Power cuts across Delhi as demand touches new high

  Posted on June 7, 2017 by Diligentia News in Power.

  With Tuesday’s peak power consumption — 6,526 MW at 3.31pm — breaching even Monday’s record demand, the highest since 1902, social media and complaint centres filled with hundreds of complaints of power outages across the capital. On Monday, the peak demand had touched 6,361 MW at 3.06 pm. Multiple and prolonged power cuts ranging from […]

  Continue Reading...
  No Comments.

• Arvind Kejriwal pushes for compensation from power discoms

  Posted on June 7, 2017 by Diligentia News in Power.

  Delhiites may be compensated by power distribution companies for unscheduled power cuts if Lt Governor Anil Baijal approves the Aam Aadmi Party (AAP) government’s proposal. Chief Minister Arvind Kejriwal has directed Chief Secretary MM Kutty to place the proposal before the LG today, a day before his weekly meeting with Baijal. Last year, the AAP […]

  Continue Reading...
  No Comments.

• Piyush Goyal: The harbinger of change in the power sector

  Posted on June 6, 2017 by Diligentia News in Power.

  Son of late Ved Prakash Goyal who had served as a Union Minister for shipping in the Atal Bihari Vajpayee cabinet, Piyush Goyal, the Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines, has in the past three years completely transformed the power and energy scenario in the country. […]

  Continue Reading...
  No Comments.

• Adani Power to consider hiving off Mundra plant today

  Posted on June 6, 2017 by Diligentia News in Power.

  The board of Adani Power will meet today to consider hiving off its flagship Mundra power station to a new subsidiary in which the Gujarat government entity may take a majority stake. “A meeting of the board of directors of the company is scheduled to be held on June 6, 2017 to consider and evaluate, […]

  Continue Reading...
  No Comments.

• Delhi records country’s highest power demand

  Posted on June 6, 2017 by Diligentia News in Power.

  With the mercury rising in the national capital, the peak power demand shot up to 6,361 MW this afternoon, the highest ever recorded in the city. This is also the highest peak power demand in any city of the country. The previous record of 6,261 megawatt (MW) on July 1 last year is also held […]

  Continue Reading...
  No Comments.

• House on wheels sets off to tell India solar power has arrived

  Posted on June 6, 2017 by Diligentia News in Power.

  A small house on wheels with all the electrical appliances used in a typical household — but all powered by rooftop solar panels and within approachable budget — the Solar Comet was flagged off on the World Environment Day for a 20-day tour. The solar bus is expected to bust myths and create awareness about […]

  Continue Reading...
  No Comments.

• One-year ban for 71 solar panel companies

  Posted on June 5, 2017 by Diligentia News in Power.

  The government has barred 71 firms from rooftop solar projects for a year by removing them from the panel that makes them eligible to bid. These include Amra Raja Electronics Ltd, Cleantech Synergy, Hollandia Power Solutions, IL&FS Energy Development Co and Jindal Green Technologies. The government has written to the companies saying they had failed […]

  Continue Reading...
  No Comments.