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Indian Power Sector News

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PPA auction for stressed power stations gets bids for 2,200 mw

PPA auction for stressed power stations gets bids for 2,200 mw

Sembcorp Energy, Jaiprakash Associates, IL&FS and RKM PowerGen are among eight companies that responded to the government’s pilot scheme to aggregate and auction power purchase agreements (PPAs), to help them generate electricity from idling plants and repay loans.

Bids were received for 2,200 mw PPAs against 2,500 mw offered by the government.

Projects of some companies, including GMR Energy, Coastal Energen and Lanco Infratech, which do not have assured coal supplies or are pending in insolvency court, could not participate in the bidding process, people close to the development said.

 

Haryana approves installation of 10 lakh smart electricity meters

Haryana approves installation of 10 lakh smart electricity meters

Haryana Chief Minister Manohar Lal Khattar has accorded approval for installation of 10 lakh smart power meters in five districts of the states. A Memorandum of Understanding between Energy Efficiency Services Limited (EESL), a joint venture of PSUs under Union Ministry of Power, and Haryana Power D...

Gujarat launches SKY Scheme for farmers to generate solar power

Gujarat launches SKY Scheme for farmers to generate solar power

The Gujarat government on June 23 launched a solar power scheme for farmers- Suryashakti Kisan Yojana (SKY) enabling them to generate electricity for their captive consumption as well as sell the surplus power to the grid and earn an extra buck.

Announcing the pilot project of the scheme in Gandhinag...

Electricity duty hiked by 2% in rural areas of Punjab

Electricity duty hiked by 2% in rural areas of Punjab

The Punjab government has hiked the electricity duty by 2% for all categories of consumers in rural areas of the state, making power 25 paise more expensive per unit. The rate has been enhanced from 13% to 15% with effect from April 1 this year.

The 2% hike will make the state government richer by ab...

Axis Bank puts up Lanco Kondapalli Power projects for sale

Axis Bank puts up Lanco Kondapalli Power projects for sale

Axis Bank has put up for sale Lanco Kondapalli Power, which owns and operates 1476 MW gas based power plants as the power producer failed to pay dues. Without mentioning the name of the company Axis Bank, as a lead banker (RPT) as a lead banker, called Expression of Interest (EoI) for the sale of th...

Power Ministry considers making 24 degrees as default setting in ACs

Power Ministry considers making 24 degrees as default setting in ACs

Power Minister R K Singh said today that the government will consider making 24 degree Celsius as mandatory default setting for air conditioners within a few months.

At a meeting with Singh, AC makers were also advised to have labelling indicating the optimum temperature setting for the benefits of c...

Ministry of Power Sets Solar RPO for FY 2019-20 at 7.25 Percent

Ministry of Power Sets Solar RPO for FY 2019-20 at 7.25 Percent

The Ministry for Power, Government of India, has set solar renewable purchase obligation (RPO) for financial year (FY) 2019-2020 at 7.25 percent. The non-solar RPO for FY 2019-2020 has been set at 10.25 percent.

There has also been an increase in the percentage of solar RPO for the next financial yea...

MSDECL waives processing charges for online payment

MSDECL waives processing charges for online payment

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has waived off the processing charges for online payment of bills in order make it popular among consumers.

All types of online payment gateways, including debit card, digital wallets, cash card and Unified Payments Interface (UP...

Magenta Power sets up India’s first solar-based charging station in Navi Mumbai

Magenta Power sets up India’s first solar-based charging station in Navi Mumbai

A major aspect of why a buyer is deterred from opting an electric vehicle in India is the lack of charging infrastructure, which gives way to the anxiety of running out of juice. Now though, the situation is on the trend of getting better and Magenta Power is doing its bit to add to it. The company,...

Power Employees To Hold Nationwide Strike on 2018 December 7 Against Privatisation Bill

Power Employees  To Hold Nationwide Strike on 2018 December 7 Against Privatisation Bill

Power sector employees across India will go on a 24-hour strike on 7 December 2018 in protest against the Electricity (Amendment) Bill 2014 — which seeks to extend privatisation to the distribution of electricity, and consequently, to snatch away the right to electricity of the poor.

And in case the ...

Uttarakhand government pushes for 10 Hydro-Electricity Projects in Bhagirathi

Uttarakhand government pushes for 10 Hydro-Electricity Projects in Bhagirathi

The Uttarakhand government has once again proposed construction of 10 Hydro-Electricity Projects (HEPs) on Bhagirathi river, with a total capacity of 82MW, in its revised draft zonal master plan on Bhagirathi Eco-Sensitive Zone (ESZ).

The draft has been shared with Ministry of Water Resources (MoWR) ...

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