The Modi government’s prescription for ailing state power distribution companies is slowly putting them back in shape and reducing the duration of blackouts in the nearly two years since the treatment began. Data presented during last week’s review of ‘Uday’, the revival plan for discoms, by the PM show major improvements in the key parameters […]
Continue Reading... No Comments.India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body (DSB) of the World Trade Organisation (WTO). DSB adjudicates on trade disputes between national governments. “The United […]
Continue Reading... No Comments.In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which on Monday successfully implemented the first two phases of a 100 MW solar project in South East Asia. Stating that while the solar energy in India has already reached ‘grid […]
Continue Reading... No Comments.Solar tariffs have fallen so dramatically that tariffs which were at record lows just three months ago no longer appeal to distribution companies, creating a big challenge for renewable energy companies. In April, French solar developer SolaireDirect won 250 MW in an NTPC conducted auction at Kadapah Solar Park in Andhra Pradesh, quoting a tariff […]
Continue Reading... No Comments.The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power through competitive bidding would be notified shortly by the Centre, the Haryana government said today. Till then, projects may be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory […]
Continue Reading... No Comments.The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power through competitive bidding would be notified shortly by the Centre, the Haryana government said today. Till then, projects may be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory […]
Continue Reading... No Comments.Major wind power developers including Adani and Mytrah Energy today signed Power Purchase Agreements (PPAs) with Power Trading Corporation (PTC) for supply of 550 Mw power to states as part of India’s first wind power auctions scheme. The pacts were signed in the presence of power, coal, renewable energy and mines minister Piyush Goyal here. […]
Continue Reading... No Comments.Uttar Pradesh Power Minister Srikant Sharma today launched free power connection scheme for the BPL card holders in the state. “The scheme of providing free power connection to the BPL card holders has been launched at 624 places across the state,” he said. Sharma said the scheme would also benefit the poor people who do […]
Continue Reading... No Comments.A recent Morgan Stanley report has downgraded the Indian utilities industry. It highlighted that renewable energy is becoming so cheap that thermal power, mostly coal, is uncompetitive. This is a highly significant market signal which will likely be accompanied by growth in the already impressive list of high calibre international investors moving into India’s renewables […]
Continue Reading... No Comments.It is welcome that Union power minister Piyush Goyal has offered the Centre’s good offices to sort out the problem of stressed stranded projects in the vexed power sector. As many as 54 projects adding up to over 25,000 MW are currently stranded and not generating power. But the problem, in the main, is the […]
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