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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

Rs 50,000 crore power purchase scam in Madhya Pradesh, alleges AAP

Rs 50,000 crore power purchase scam in Madhya Pradesh, alleges AAP

A scam to the tune of Rs 50,000 crore has been executed by signing 'illegal' power purchase agreements with the six private power producers by state government, alleged leaders of Aam Admi Party's state unit on the basis of the documents procured under the RTI Act 2005.

Not only the PPAs were signed with all the five on the same day, but two of officials who signed it on January 5, 2011, were not even posted on the designations which empower them to sign those agreements, however they signed it showing fake designations.

 

BERC approves 55% power tariff hike in Bihar

BERC approves 55% power tariff hike in Bihar

Bihar's power tariff revision, which comes after a three-year status quo on prices, has come as a shocker to consumers. The Bihar Electricity Regulatory Commission (BERC) has approved an unprecedented 55 per cent increase in electricity tariff. The hike is expected to boost distribution companies' (...

Computer Emergency Response Teams will check cybersecurity threat in power sector

Computer Emergency Response Teams will check cybersecurity threat in  power sector

The government has constituted Computer Emergency Response Teams to check cybersecurity threat in the power sector. "Government of India, in line with National Cyber Security Policy, 2013 has created sectoral Computer Emergency Response Teams (CERTs) to mitigate cyber security threat in power system...

PFC sanctions Rs 5500 crore loan for Uppur power project

PFC sanctions Rs 5500 crore loan for Uppur power project

Power Finance Corporation (PFC) has sanctioned Rs 5,474 crore as term loan to Tamil Nadu Generation and Distribution Company (Tangedco) for setting up two thermal power units of 800MW each at Uppur in Ramanathapuram district.

A formal agreement between Tangedco and PFC was signed in New Delhi a few d...

Tata Power agreeable to breakeven tariff for Mundra project

Tata Power agreeable to breakeven tariff for Mundra project

"Absolutely. No issues." This was Tata Power Ltd MD and CEO Anil Sardana's response when asked if the company is willing to settle for a tariff for the 4,000 MW Mundra project that will just cover costs and leave the company with no profits.

The Supreme Court is scheduled to hear next week the issue ...

New neuclear power plants are no longer financially viable

New neuclear power plants are no longer financially viable

Nuclear energy may end up fatally contaminating the Japanese technology giant Toshiba. On 14 March 2017, Japanese stock exchanges designated Toshiba shares 'Securities under Supervision' for inappropriate accounting in the past. The 'inappropriate accounting' refers to the 713 billion Yen ($6.2 bill...

Tamil Nadu wants Rs 17,000 crore for power upgrade

Tamil Nadu wants Rs 17,000 crore for power upgrade

Tamil Nadu Electricity Minister P Thangamani on 17-03-2017 urged Union Power Minister Piyush Goyal to release Rs 17,000 crores to enhance power infrastructure in the cyclone-prone state. "Either as grant or as soft loan, Rs 17,000 crores have been sought for taking up works such as conversion of 230...

Delhi faces power threat as NTPC threatens to cut supply to BSES over non-payment

Delhi faces power threat as NTPC threatens to cut supply to BSES over non-payment

State-owned power generation company NTPC Ltd has threatened to suspend supply of electricity to the Anil Ambani -run Delhi discoms if they fail to clear dues of Rs 239 crore. The Reliance Group owns two power distribution companies in Delhi — BSES Rajdhani Power Ltd and BSES Yamuna Power Ltd.

NTPC s...

Bhel's first 800 MW supercritical plant operational

Bhel's first 800 MW supercritical plant operational

Power equipment maker Bhel today commenced commercial operations of its first 800 MW unit, supercritical thermal plant. It also marks Bhel's foray as a developer into the field of power generation. Karnataka Power Corporation Ltd (KPCL) and Bhel are the main equity partners of RPCL, the owner and op...

Cash crunch hits BEST, staff not paid salary for February

Cash crunch hits BEST, staff not paid salary for February

It is mid-March and over 44,000 employees of the Brihanmumbai Electric Supply and Transport Undertaking are yet to receive their salary for the month of February. While the BEST has been running at a loss for quite some time, things have come to such a stage that the administration is unable to disb...

With CAG audit lost in trial, now DERC will audit DISCOMs

With CAG audit lost in trial, now DERC will audit DISCOMs

To fix accountability on power distribution companies, the Delhi Electricity Regulatory Commission (DERC) will conduct a complete audit of their physical assets and distribution system in the capital.

The move assumes significance as the CAG audit on discoms sought by the Aam Aadmi party government c...

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