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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

Delhi’s inefficient electricity subsidies

Delhi’s inefficient electricity subsidies

Who doesn't like discounts or freebies, especially from the government? Subsidies aren't inherently wrong—they can help keep goods and services affordable, and encourage "good" things like education. The challenge is making them efficient and focused, so that they help the poor and deserving the most.

The Delhi government offers substantial subsidies to household consumers of electricity, and a Brookings India study shows these turn out to be the most generous in India. They are also highly regressive in the current form, i.e. the richer benefit far more. Tweaking the subsidy policies can maintain much of the coverage (and increase it for the most deserving) but save enormous taxpayer money, perhaps around Rs1,000 crore annually.

 

Mumbai has 1.7 GW solar energy potential: IIT study

Mumbai has 1.7 GW solar energy potential: IIT study

Mumbai has the potential to generate 1.7 GW (giga watts) of solar energy for electricity, a report released by IIT Bombay  estimates.

The report was released by Rajeev Kapoor, Secretary of the Union Ministry for New and Renewable Energy. The study was conducted by two centres of IIT, the Nationa...

Karnataka power tariff up by 8%

Karnataka power tariff up by 8%

The Karnataka Electricity Regulatory Commission (KERC) announced a hike of an average 8% in tariff for 2017-18 on Tuesday, against the 25% increase the Electricity Supply Companies (Escoms) had sought.

The average tariff increase is now 48 paise per unit, ranging from 15 paise to 50 paise per unit, f...

The truth behind India’s electricity exporter status

The truth behind India’s electricity exporter status

The ministry of power last week claimed that India had become an electricity exporter for the first time. "As per Central Electricity Authority (CEA), the designated authority of government of India for cross border trade of electricity, first time India has turned around from a net importer of elec...

Bihar power tariff hike by 20 percent from April 1

Bihar power tariff hike by 20 percent from April 1

The residents of Bihar likely to have a major shock as there has been a hike in electricity rates by 20 percent of the existing rates. The new power tariff will be applicable from Saturday, April 1, 2017. The Bihar Electricity Regulatory Commission (BERC) had come up with an unprecedented hike of 55...

NTPC crosses 50 GW generation capacity mark

NTPC crosses 50 GW generation capacity mark

State-run NTPC has crossed the milestone of 50 GW power generation capacity which will help the country realise the goal of power for all.

Lauding the company's efforts, power minister Piyush Goyal tweeted, "Proud to announce that NTPC has crossed 50,000 MW of installed power generation capacity toda...

15 lakhs power consumers in AP face tariff hike of up to 3-4 per cent

15 lakhs power consumers in AP face tariff hike of up to 3-4 per cent

Fifteen lakh consumers of the 1.59 crore electricity consumers in Andhra Pradesh, including high tension industries and some other categories, will have to face a power tariff hike of about 3-4 per cent for the financial year 2017-2018.

While for high tension industrial consumers, the tariff has been...

Bihar to pay power subsidy to consumers not power companies

Bihar to pay power subsidy to consumers not power companies

Bihar Chief Minister Nitish Kumar on 31-03-2017 announced in the state Assembly that the state government would provide subsidy on power bill to consumers instead of power companies from 2017-18 fiscal.
The CM's statement came six days after Bihar Electricity Regulatory Commission had come up with an...

Government approves extension of mega power policy

Government approves extension of mega power policy

The government on 31-03-2017 approved the extension of mega power policy to benefit 24 plants of 30,000-mw capacity that are expected to get benefits of more than Rs 10,000 crore.

The cabinet committee on economic affairs approved amendments to the mega policy and is is likely to extend term of power...

Heat wave pushes up electricity prices in spot market

Heat wave pushes up electricity prices in spot market

Power prices in the spot market shot up by nearly 7% in two days to more than Rs 3 per unit on Wednesday due to the ongoing heat wave conditions in most parts of the country.

The prices had been hovering around Rs 2.50 per unit for the past few months. Industry experts said power prices are likely to...

CAG puts PSPCL in dock: Punjab Power consumers had to pay Rs 1,428 crore extra

CAG puts PSPCL in dock: Punjab Power consumers had to pay Rs 1,428 crore extra

PUNJAB STATE Power Corporation Limited shutting down own generation plants and buying power from traders and from unscheduled interchange (UI); making unjustified and excess payments; not availing of rebate and incurring losses due to non-functional micro-hydel projects have cost electricity consume...

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