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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

3rd Indian power exchange - National Power Exchange Ltd - to start soon

3rd Indian power exchange - National Power Exchange Ltd - to start soon Information technology major Tata Consultancy Services (TCS) have incorporated a joint venture company with National Thermal Power Corporation (NTPC), National Hydro Power Corporation (NHPC) and Power Finance Corporation (PFC) to set up 3rd energy exchange of India - National Power Exchange Ltd . The company will operate the power exchange at the national level. TCS, part of the Tata Group, will hold a majority stake of 50.02 percent in the company with the three power utilities owning 16.67 percent equity each. Initially, the four partners will invest Rs.500 million (Rs.50 crore).

The four companies signed the joint venture agreement in September after filing an application with the Central Electricity Regulatory Commission (CERC) earlier.The proposed exchange will rival the two power exchanges already functional in India - the Indian Energy Exchange (IEX) and Power Exchange of India (PXI).
 

Tamil Nadu will set up Renewable energy park by March 2009

Tamil Nadu will set up Renewable energy park by March 2009Tamil Nadu Energy Development Agency (TEDA) in association with Periyar Science and Technology Centre (PSTC) will set up a high-tech state-level renewable energy park, at a cost of about Rs 1.2 crore, in the city by March 2009. “All the construction work will be completed and the park will be commis...

JSERC outsources verifications of tariff proposals to external experts

JSERC outsources verifications of tariff proposals to external experts Jharkhand State Electricity Regulatory Commission (JSERC) had decided to outsource verification of Power tariff proposals submitted by Jharkhand State Electricity Board, Tata Power, Tenughat Vidyut Nigam Limited, Damodar Valley Corporation, Bokaro SAIL, Jamshedpur Utility and Services Company.

“We do...

Puducherry Electricity department will become a corporate entity by June 2009

Puducherry Electricity department will become a corporate entity by June 2009Union Territory of Puducherry has proposed to undertake widespread reforms in its power sector, including the restructuring of its electricity department into a corporate entity.Mr D Ravi executive engineer of Puducherry Electricity Department, who is also part of the Reforms Project Management Cell...

Coal and Power ministries in tug-of-war - Power development suffers

Coal and Power ministries in tug-of-war - Power development suffers

Even as 56 state-run power plants grapple with critical coal-stock position, the coal and power ministries are locked in a tug-of-war on long-term supply of the fuel through Letter of Assurance (LoAs) on priority basis for the 11th Plan thermal power projects. It seems that the Coal Ministry has tor...

8000 crore to be invested in renewable energy sector - Rajasthan

 8000 crore to be invested in renewable energy sector - RajasthanRajasthan is set to attract an investment of Rs 8,000 crore in renewable energy sector, with 14 companies proposing projects to tap power from wind and biomass. Rajasthan Renewable Energy Corporation (RREC) Chairman and Managing Director Rajeev Swaroop said that the state government has signed memor...

Energy efficient Commercial buildings can save 40% power - BEE

Energy efficient Commercial buildings can save 40% power - BEE

The Bureau of Energy Efficiency (BEE) has said that an energy-efficient commercial building can save up to 40% of power. The energy conservation building codes (ECBC) -- that specify the norms to be followed to become energy efficient -- were released in 2007. It is now voluntary but BEE plans to ma...

Indian Power Exchanges struggle for survival

Indian Power Exchanges struggle for survivalFinancial Technologies Ltd promoted Indian Energy Exchange (IEX) and NSE-NCDEX promoted Power Exchange India (PXI) are currently struggling to survive in the tight electricity market when the peaking shortage is 14% and energy shortage is 8%. India is the only power staved country to start a power e...

Import duty waiver will bring down tariff of naphtha based projects

Import duty waiver will bring down tariff of naphtha based projects

The Centre's decision to totally eliminate 10% import duty on naphtha will bring in a partial relief to the India's power sector, which is facing a peaking shortage of 14% and energy shortage of 8%. The elimination of import duty will bring down the price of naphtha, since petroleum products are pri...

KREDL proposes energy generation through cattle power

KREDL proposes energy generation through cattle powerForget horse power, it is over to cattle power! They can provide a solution to the energy crisis faced by rural masses. A pair of them and a generator can light up a house. The process called as "energy generation through animal power'' is simple - rotate the generator with a pair of cattle.The Karn...

BESCOM proposes Time Of Day tariff meters to combat peak demand

BESCOM proposes Time Of Day tariff meters to combat peak demand

The Bangalore Electricity Supply Company (BESCOM) had proposed to adopt TOD (time of day) tariff to control consumption during peak time. The TOD proposal stresses the need to reduce the difference between peak and off-peak demand through different tariffs for peak and off-peak supply by installing ...

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