The average spot price of power fell 4 per cent to Rs 2.49 per unit in July 2017 from Rs. 2.59 per unit in the previous month in June at the electronic power trading platform, Indian Energy Exchange (IEX). “The average Market Clearing Price (MCP) during the day (08:00 to 18:00 Hrs) and the night […]
Continue Reading... No Comments.Solar power tariff in the country has fallen by 80% since 2010. The maximum tariff for solar power was seen in December 2010 when 150MW was sold at Rs 12.76 per unit under the Jawaharlal Nehru Solar Mission. Since then, the tariff has fallen steadily with the lowest tariff of Rs 2.44 per unit for […]
Continue Reading... No Comments.The Electrical Workmen Union on Wednesday set a deadline of August 17 for the authorities to meet their long-pending demands. If the authorities fail to comply, the union will stage protests from August 18. The decision was taken in the meeting of the union, which was chaired by its president Kishori Lal. In the first […]
Continue Reading... No Comments.NTPC chairman Gurdeep Singh said Rs 3-3.20 a unit tariff for solar power may be the new normal and can be achieved without the support of “cheap funds or cheap panels“, which have been a concern for the industry. Solar and wind energy units generate less than 10% of the global electricity output and have […]
Continue Reading... No Comments.State-owned NTPC has no plans to take over stressed assets in the power sector, the government said today. “Currently, NTPC has no proposal to acquire stressed power projects or enable their lenders to operate on a contract basis,” Power Minister Piyush Goyal said in a written reply to the Rajya Sabha. Neyveli Lignite Corporation of […]
Continue Reading... No Comments.The 2017 National Energy Policy (NEP), drafted by the NITI Aayog, takes the baton forward from the 2006 Integrated Energy Policy (IEP) in setting the trajectory of growth for the energy sector. The value proposition of the NEP is to present a broad framework for the overall energy sector, taking into account the multiple technology […]
Continue Reading... No Comments.Gujarat will be able to withstand any loss of generation from the three stressed electricity plants of Tata Power, Adani Power and Essar Power that run on imported coal, the managing director of the state’s power utility said. The state has a diversified generation portfolio with a balanced fuel mix, Pankaj Joshi of Gujarat Urja […]
Continue Reading... No Comments.India will need to add over 15,000 MW solar capacity every year to achieve the target of 1,00,000 MW by 2022, a study has said. The country’s installed solar capacity fell short of target of 17,000 MW by the end of the financial year 2016-17, according to the joint study undertaken by NEC Technologies and […]
Continue Reading... No Comments.A Parliamentary panel today said the rooftop solar target of 40 GW by 2022 is “unrealistic” and it needs to be “reconsidered”. “The Committee feels that the rooftop solar target of 40 GW by 2022 is unrealistic and it is highly unlikely that this target will be achieved,” the Standing Committee on Energy (2016-17) of […]
Continue Reading... No Comments.Polish electricity demand set a record for a summer morning at 23.82 gigawatts (GW) on Tuesday, the grid operator PSE said adding there is no threat to the system despite the increased use of air conditioning as high temperatures persist. The previous record for a summer morning (GW) was 22.88 gigawatts on June 28 2017. […]
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