Category Archives: Power
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Rooftop lag in solar power flop- India fails to reach even half of target, blame on Centre’s policies
Posted on May 23, 2017 by Diligentia News in Power.Faulty policies prevented India from achieving even half its solar energy target during the last fiscal year, experts say, despite Prime Minister Narendra Modi’s projections of the country as a future global leader in the sector. Many experts blame the lag on the government’s exclusive focus on big-ticket solar plants at the expense of decentralised […]
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Work begins on India’s first green energy corridor project
Posted on May 23, 2017 by Diligentia News in Power.India today conducted the ground-breaking ceremony for its first green energy corridor project with an ultra high-voltage direct current (UHVDC) link over 1,800km with the aim to bring power to 80 million people. The project by state-run Power Grid Corporation of India (PGCIL) is being executed by ABB Group in partnership with Bharat Heavy Electricals […]
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GST may push up cost of solar power projects
Posted on May 23, 2017 by Diligentia News in Power.The goods and services tax may increase solar energy project costs by 12%-18% and generation costs by 40-50 paise per unit, some industry leaders said, although the government said the new taxation regime won’t have much of an impact on them. However, officials said even if costs increase, it won’t affect project economics because the […]
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Failure by states to pay for renewable power may trip 2022 target
Posted on May 23, 2017 by Diligentia News in Power.States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt (GW) of green energy by 2022, stakeholders and experts say. Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure […]
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Tata Power says generation capacity crossed 52,000 million units in FY17
Posted on May 23, 2017 by Diligentia News in Power.Tata Power, India’s largest integrated power company, today said it has crossed generation of 52,000 million units (MU), collectively from all its power plants in FY17. The company also reported capacity increase by 16 per cent in FY17 as compared to FY16. The company, together with all its subsidiaries and jointly controlled entities, has an […]
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Power producers see tariffs coming down under GST regime
Posted on May 19, 2017 by Diligentia News in Power.Thermal power tariffs are likely to come down due to lower tax rate on coal under the Good and Service Tax regime which is expected to be rolled out from July 1, 2017. The tax rate has been finalised at 5 per cent on coal as against the current tax incidence of 11.69 per cent […]
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International Solar Alliance to set up $300 bn fund
Posted on May 19, 2017 by Diligentia News in Power.The International Solar Alliance (ISA) is proposing to set up a $300 billion fund to support clean energy projects in member countries over the next 10 years. “The proposal is to strive for 300 billion dollar global fund over 10 year with contributions from the World Bank … and also from Green Climate Fund to […]
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Do not need lower GST rates to grow solar energy in India: Piyush Goyal
Posted on May 19, 2017 by Diligentia News in Power.Power, coal, renewable energy and mines minister Piyush Goyal today said the government does not need lower tax rates to ensure the growth of solar power sector in India. Goyal was talking in the context of 18 per cent rate that has been finalised for solar panels by the Goods and Services Tax (GST) Council. […]
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Brighter India: Watch NASA’s map of night-time India highlighted by Piyush Goyal
Posted on May 19, 2017 by Diligentia News in Power.Power minister Piyush Goyal today highlighted a night-time map of India released by National Aeronautics and Space Administration (NASA) that shows how large parts of the country are lit against a darker background on the World Map, thanks to the progress of the centre’s village electrification scheme. The map is part of a booklet released […]
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Cyber security audits on power transmission communication systems from July
Posted on May 19, 2017 by Diligentia News in Power.The Central Electricity Regulatory Commission (CERC) has said it is mandatory for Regional Power Committees to conduct third party cyber security audits on communication systems of electricity transmission towers from July It said the third party audit can be conducted only by CERT-In (India Computer Emergency Response Team). The commission has come out with directives […]
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