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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

Karnataka government invokes Section 108 to enforce lower wind tariff

Karnataka government invokes Section 108 to enforce lower wind tariff

 In an embarrassing development, the Karnataka government and its power regulator exchanged letters sticking to their positions in a dispute over whether power from wind projects commissioned before March 31 this year should be paid Rs 4.50 per unit or Rs 3.74.

While the Karnataka Electricity Regulatory Commission (KERC), in its letter of November 9, invoked high court judgments to maintain that the state government had no right to interfere with its decisions on tariffs, the government replied the very next day asking the regulator to reconsider its stance since the matter involved “public interest”.

 

Adani firm close to finalising Reliance Infrastructure power acquisition deal

Adani firm close to finalising Reliance Infrastructure power acquisition deal

Adani Transmission is likely to clinch a deal of Rs 13,000-14,000 crore with Reliance Infrastructure to acquire the latter's Mumbai power business much before the January 2018 deadline to mark its foray into power distribution business.

"Adani Transmission and Reliance Infrastructure have almost fina...

KERC requests Karnataka government to reconsider PPA tariffs of Rs 4.5 per unit

KERC requests Karnataka government to reconsider  PPA tariffs of Rs 4.5 per unit

The Karnataka Electricity Regulatory Commission (KERC) has requested the state government to “reconsider” its earlier direction to approve power purchase agreements (PPAs) of 270.5 MW of wind power projects that were commissioned before March 31, 2017 at tariffs of Rs 4.50 per unit. Karnataka’s elec...

Chief Economic Adviser bats for a nationwide power market

Chief Economic Adviser bats for a nationwide power market

India should have just one market for electricity, on the lines of the Goods and Service Tax (GST), said Arvind Subramanian, Chief Economic Adviser. “When soft drinks can be sold throughout the country at one price, why can’t we have one tariff for electricity?” he asked.

He was giving a talk on the ...

Govt sets up panel to probe NTPC Unchahar plant blast

Govt sets up panel to probe NTPC Unchahar plant  blast

The Union power ministry  set up a high-level committee to investigate the 1 November blast at state-run NTPC Ltd’s Unchahar power plant in Raebareli and suggest measures to prevent such incidents.

The committee, headed by P.D. Siwal, member-thermal at the Central Electricity Authority (CEA), wi...

Spot prices of electricity at Indian Energy Exchange rise 66 pct in October

Spot prices of electricity at Indian Energy Exchange rise 66 pct in October

Spot prices of electricity at the Indian Energy Exchange (IEX) increased by 66% annually in October with average market clearing price recorded at Rs 4.08 per unit. Trade volumes went up by about 13% to 4,079 million units in the month, the exchange said. The average daily market clearing price vari...

NTPC power plant blast: Death toll rises to 32, NHRC serves notice to UP govt

NTPC power plant blast: Death toll rises to 32, NHRC serves notice to UP govt

The death toll in the boiler blast at state-run NTPC Ltd’s Unchahar power plant in Raebareli, Uttar Pradesh, has risen to 36, NTPC CMD Gurdeep Singh said. The NTPC CMD said “a panel headed by executive director S.K. Roy looking into the cause of the accident, and will submit his report in a month.” T...

India has world’s largest electricity access deficit: World Bank

India has world’s largest electricity access deficit: World Bank

India alone has a little less than one-third of the global deficit (270 million for electricity), followed by Nigeria and Ethiopia for electricity—and the 20 highest access-deficit countries for electricity account for 80 percent of the global deficit, said a World Bank report.
The state of electrici...

Govt to adopt liberal norms for electric vehicle charging stations

Govt to adopt liberal norms for electric vehicle charging stations

The Centre is likely to put in place liberal norms for  setting up charging stations to power  electric vehicles.
While  the NDA government plans to have an all-electric fleet on the country's  roads by 2030, the Central Electricity Regulatory Commission is working on setting up n...

SBI sanctions ₹2,317 crore for financing solar power projects

SBI sanctions ₹2,317 crore for financing solar power projects

State Bank of India on October 30 announced sanction of credit facilities amounting to ₹2,317 crore to corporates for financing Grid Connected Rooftop Solar projects under an SBI-World Bank programme.
This funding will create solar power capacity aggregating 575 MW.

Govt working to make obligations under power purchase agreement binding: Power Minister

Govt working to make obligations under power purchase agreement binding: Power Minister

The government is working to make obligations under power purchase agreement (PPA) statutory binding, ensuring all discoms have PPAs to cover 100 percent requirement, Power Minister R.K. Singh has said.
"I have called a meeting of energy ministers of all states on November 10-11, I will tell them tha...

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