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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

PXIL - India's Second power exchange launched

PXIL - India's Second power exchange launchedSecond power exchange of India, Power Exchange India Ltd (PXIL) was formally inaugurated on 10-11-2008 by central Power minister Sri. Sushil Kumar Shinde. PXI received regulatory approval from Central Electricity Regulatory Authority (CERC) on 30th September 2008 to begin operations. After receiving the final nod from the National Load Despatch Centre, the apex body of the country grid operator, PXI has successfully started its operations on 22nd October 2008.Although India's first power  exchange, Indian Energy Exchange (IEX), went live on 27th June 2008, it could not obtain considerable power for trading as India is basically facing heavy power shortage. Presently, power exchange handles less than 0.5% of total power generation in the country.

“Due to transparency in the operations, the exchange will send a stronger signal for bringing fresh investment to the power sector,” Power Minister Sushil Kumar Shinde said while speaking on the occasion of the launch.
But, the head of the India's first power  exchange, Indian Energy Exchange(IEX), Jayant Deo, feels the entry of too many players will make "survival difficult for all," in a market where volumes are very low.
 

Renuka dam will be known in the name of Parshuram: HP Chief Minister

 Renuka dam will be known in the name of Parshuram: HP Chief MinisterHimachal Pradesh government had offered rehabilitation of families affected due to the construction of Rs 3,897 crore Renuka Dam Project and promised to rename the dam  to Parshuram Dam to reduce the protest of locals against the project . Himachal Pradesh State Electricity Board has completed the i...

Central Govt asks Reliance to supply LNG to Dabhol - NTPC objects

Central Govt asks Reliance to supply LNG to Dabhol - NTPC objects

Government has asked Reliance Industries to supply natural gas from its eastern offshore KG-D6 fields to the beleaguered Dabhol power plant in Maharashtra. An Empowered Group of Ministers on pricing and utilisation of natural gas, headed by External Affairs Minister Pranab Mukherjee, at a meeting la...

Pay more for no load-shedding- Maharashtra Power minister

Pay more for no load-shedding- Maharashtra Power minister Commercial consumers and industries in Pune urban circle who consume more than 300 units per month will have to bear a significantly high reliability charge of 80 paise to Rs 1.30 per unit if rate for securing additional power to keep Pune free from power cuts is revised from Rs 8.54 to Rs 10 per un...

Karnataka - Rural areas to be without power for 12 hours from November 14

Karnataka - Rural areas to be without power for 12 hours from November 14 There will be 12-hour load shedding in a day in rural areas from November-14, 2008 and two-hour load shedding in Mangalore and other cities .S. Sumanth, managing director of Mangalore Electricity Supply Company Limited (MESCOM), said on 08-11-2008 that the load shedding might have to be increased in...

New Tamil Nadu Assembly to be energy efficient

New Tamil Nadu Assembly to be energy efficientThe new Rs 425-crore Assembly complex coming up on the Omandurar Government Estate at Chepauk in Chennai will be Tamil Nadu's pride for more than one reason. It is not only designed to be an architectural marvel of modern times but is also poised to set a new benchmark in the design of energy effici...

1200 MW Power thermal Plant at Rajpura approved by Punjab Cabinet

1200 MW Power thermal Plant at Rajpura approved by Punjab Cabinet

Punjab Cabinet on 07-11-2008 gave its approval for setting up a 1200 MW Power Thermal Plant at Rajpura. Work on the prestigious project is likely to be inaugurated on December 8. A decision to this effect was taken at a meeting of the state council of ministers here this evening. The meeting was cha...

Power position worsen due to insufficient coal stocks

Power position  worsen due to insufficient coal stocks  The power generation in many thermal power plants were worsen due to dwindling coal stock position  that has come under super critical category. As per Central Electricity Authority parameters if coal stock is less than 7 days it comes under critical position and if coal stock is less than 4 days it...

Justice Karpaga Vinayagam appointed as Chairperson of Appellate Tribunal

Justice Karpaga Vinayagam appointed as Chairperson of Appellate Tribunal

Justice M. Karpaga Vinayagam has been appointed as Chairperson of the Appellate Tribunal for Electricity on 07-11-2008 for three years from the date of his assuming office.Constituted under the Electricity Act of 2003, the tribunal hears appeals, review/revision/execution petitions, and interim appl...

Indian Energy Exchange reduces electricity trading limit to 1 MW

Indian Energy Exchange reduces electricity trading limit to 1 MW

To bring small players on power trading platform, India Energy Exchange, has reduced the trading limit of electricity to one megawatt (MW) from earlier 10 MW in day-ahead market contract, the exchange said today. "This step will enable small captive and co-generation plants located nation-wide to se...

Centre ask to surrender NTPC’s coal block to Reliance

Centre ask to surrender NTPC’s coal block to Reliance

National Thermal Power Corporation(NTPC) was asked to surrender the Chhatrasal coal block to Reliance Infrastructure( Formerly Known as Reliance energy) on the premise that there was limited coal availability for the 3,960MW Sasan Ultra Mega Power Project in Madhya Pradesh- Wall street journal repor...

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