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Indian Power Sector News

Daily news updates about Indian Power sector. News and articles related to Indian Power Sector  and technology trends. You can subscribe to our feeds to put Indian power sector news on your web site/ Blog

Experts sceptical over bailing out ailing power projects

Experts sceptical over bailing out ailing power projects

Tata Power became the second company after Adani Power Ltd (APL) to propose that State power procurers take control of its ailing imported coal-based power project.

Apart from Tata's 4,000-MW Mundra Ultra Mega Power Project (UMPP), two other large power plants in Gujarat, namely Adani's 4,620-MW Mundra Power Generating Business Undertaking and Essar Power's 1200-MW Thermal Power Plant at Salaya, have been facing issues after the changes in Indonesian regulation in 2010 led to an increase in the price of coal, making operations of the power plants, according to existing power purchase agreements, financially unviable.

 

Cross-subsidy on power should go: Niti Aayog

Cross-subsidy on power should go: Niti Aayog

Federal policy think-tank Niti Aayog has pitched for letting power utilities realize full market price from all consumers by doing away with cross-subsidy provided to poor consumers.

The recommendation is part of a new draft energy policy Niti Aayog unveiled late on Tuesday. The draft policy also pro...

After Tatas, Adanis, Essar Power seeks rescue of its loss-making Gujarat plant

After Tatas, Adanis, Essar Power seeks rescue of its loss-making Gujarat plant

Essar Power has joined Tata Power and Adani Power in the move to seek possible solutions for its imported coal-based thermal plant in Gujarat that has been making losses for the last five years.

Essar Power Gujarat (EPGL), an SPV set up by Essar Power to develop, build, own and operate 1200 MW import...

Punjab National Bank gets green signal to act against Bhushan Power

Punjab National Bank gets green signal to act against Bhushan Power

A consortium of lenders has given Punjab National Bank  the mandate to begin bankruptcy proceedings against Bhushan Power and Steel, one of the largest defaulters among the 12 companies identified by the Reserve Bank of India. The company, promoted by Sanjay Singhal, has outstanding loans of mo...

Telangana - Aadhaar made mandatory for power connection in NPDCL

Telangana - Aadhaar made mandatory for power connection in NPDCL

The Northern Power Distribution Company Limited (NPDCL) has made submission of Aadhaar card mandatory for all the consumers seeking electricity connections in the undivided Karimnagar district.

The NPDCL authorities informed the existing consumers also to submit their Aadhaar card number details alon...

Tata Power offers to sell 51% stake in Mundra UMPP for Re1

Tata Power offers to sell 51% stake in Mundra  UMPP  for Re1

Tata Power Co. Ltd has offered to sell 51% stake in its Coastal Gujarat Power Ltd (CGPL) unit, which runs the 4,000 mega watt (MW) Mundra power plant, for a token sum of Re1.

In a 7 June communication to state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) , CGPL offered the stake to the discoms that have ...

Minister Piyush Goyal launches Merit Order Despatch portal

Minister Piyush Goyal launches Merit Order Despatch portal

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines Piyush Goyal launched merit order despatch Portal for Power Sector in association with POSOCO and IMD at the meeting of the Forum of Regulators on 23-06-2017.

Day to day weather variations have an impact on load demand...

Regulatory Commissions, Not Courts To Determine Electricity Tariff - SC

Regulatory Commissions, Not Courts To Determine Electricity Tariff - SC

The Supreme Court, in Waryam Steel Castings Pvt Ltd vs Punjab State Power Corporation, has reiterated its stand that it would not be proper for the court to examine the fixation of electricity tariff rates or its revision, while dismissing appeals preferred by arc furnace industries in Punjab.

A benc...

Madhya Pradesh govt announces electricity subsidy of Rs 8,700 crore

Madhya Pradesh govt announces electricity subsidy of Rs 8,700 crore

The Madhya Pradesh government has decided to grant subsidy of Rs 8,700 crore to consumers on power tariff implemented by the state electricity regulatory commission for 2017-18.

According to the government, farmers will benefit the most because Rs 8,400 crore of the total amount will be availed by th...

Odisha industries decry electricity duty hike for Captive plants

Odisha industries decry  electricity duty hike for Captive plants

Industries in Odisha decried the steep hike of 83 per cent in electricity duty for Captive Power Plants (CPPs) saying it will hamper investment and urged the state government for a roll back.

Prominent industries including NALCO, JSPL, Vedanta, HINDALCO, PPL, MCL, JSL, IMFA, Nava Bharat, Tata Steel, ...

Piyush Goyal launches new Energy Conservation Building code

Piyush Goyal launches new Energy Conservation Building code

In a bid to increase energy savings by commercial buildings, minister of power, coal, mines and new & renewable energy Piyush Goyal on Monday launched the new Energy Conservation Building code (ECBC) 2017.

The adoption of ECBC 2017 for new commercial building construction is estimated to achieve ...

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