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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

PFC to provide Rs 4,000 crore for 4 GW Yadadri Thermal Power Plant

PFC to provide Rs 4,000 crore for 4 GW  Yadadri Thermal Power Plant

State-run Power Finance Corp (PFC) has committed financial assistance of Rs 4,009 crore to Telangana for setting up a 4,000 MW thermal power plant in Nalgonda district.
PFC has sanctioned a term loan of Rs 4,009 crore to TSGENCO (Telangana Power Generation Corporation Ltd) for setting up 5X800 MW, coal based Yadadri Thermal Power Plant using super-critical technology in Nalgonda district of Telangana, a PFC statement said.

 

Power sector feels burden of ‘stranded’ input credit

Power sector feels burden of ‘stranded’ input credit

The power sector is in a fix because of the build-up of stranded input credit, which are adding to the costs of setting up infrastructure for power generation, transmission and distribution. The non-inclusion of the power sector under the GST regime has led to rising costs.
According to industry play...

Power prices shoot up to seven-year high of Rs 9.91 in spot market

Power prices shoot up to seven-year high of Rs 9.91 in spot market

Power supply prices in the spot power market shot up on September 12 to a seven-year high at Rs 9.91 per unit. The average price prevailing currently is Rs 5.13 per unit, which is higher than the contracted price for both coal and renewable through long-term agreements across states. The spot market...

UP Govt terminates electricity of homes unwilling to build toilets

UP Govt terminates electricity of homes unwilling to build toilets

In a desperate measure from the Uttar Pradesh government to end open defecation, the government has cut electricity from all those houses that do not have a toilets inside their premises.
The government has also threatened to withdraw ration cards, pension and LPG subsidy if residents do not construc...

CERC lists 3 models for electric vehicle charging segment

CERC lists 3 models for electric vehicle charging segment

Companies keen to enter electric vehicle charging space may either partner power distribution companies or set up battery swapping shops, as per the business models identified by power regulator Central Electricity Regulatory Commission (CERC).
The commission has recognised three business models viab...

As demand grows, open market electricity tariff at 5-year high

As demand grows, open market electricity tariff at 5-year high

At the India Energy Exchange (IEX), the average electricity tariff for August was ₹3.12 a unit (kilowatt hour) with peak tariff touching ₹7.91. In the first seven days of September, the average was ₹3.34 a unit and maximum at ₹8.7 a unit.
The electricity sector did not witness such high prices in the...

Tamil Nadu solar auction: Most winners agree to lower prices

Tamil Nadu solar auction: Most winners agree to lower prices

In yet another case of winning tariffs being renegotiated, all but two of the 18 winners of the last solar auction held by Tamil Nadu have agreed to lower the prices they had quoted to that of the lowest bidder, Rs 3.47 per kwH. The mega tender of 1,500 MW, which was opened in early July, had seen w...

Odisha Seeks 25-30% Free Power To Coal Bearing States

Odisha Seeks 25-30% Free Power To Coal Bearing States

Odisha government on 8th September asked the Centre to consider providing 25 to 30 per cent of free power from thermal electricity generating stations to the coal bearing host states.
The state's demand was placed before Union Power secretary Ajay Bhalla who met Chief Minister Naveen Patnaik at the s...

Madhya Pradesh cracks whip, cancels solar PPAs signed with Sky Power Solar

Madhya Pradesh cracks whip, cancels solar PPAs signed with  Sky Power Solar

Madhya Pradesh Power Management Company (MPPMC), the holding company of all the electricity distribution companies of the state, has cancelled two 50-MW power purchase agreements (PPAs) it had signed with the Indian unit of Canada-based Sky Power Solar in 2015. The PPAs were cancelled as Sky Power f...

Tata Power-DDL rolls out 2.5 lakh smart meters in first phase

Tata Power-DDL rolls out 2.5 lakh smart meters in first phase

With the aim of providing smart power services to its consumers, Tata Power Delhi Distribution Limited (Tata Power-DDL) is rolling out 2.5 lakh smart meters in the first phase of its ‘Advanced Metering Infrastructure’ (AMI) project in its licensed area of 510 sq km in North and North-West Delhi. The ...

Adani group Loses Nearly All Its Investment On Mundra Power Plant

Adani group Loses Nearly All Its Investment On Mundra Power Plant

Adani Group has lost nearly all its investment in the debt-ridden Mundra thermal power plant, the country’s largest coal-fired project, even as it looks for a strategic investor for the asset.
The Gautam Adani-led ports-to-mining conglomerate will transfer the 4,620-megawatt plant to its newly create...

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