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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
 

On Diwali eve, spot power rate touches Rs.10.80 - 3-year high

On Diwali eve, spot power rate touches Rs.10.80 -  3-year high

Peak-hour spot power price has shot up to Rs 10.80 a unit, a three-yearhigh, for October 17's Day Ahead Market (DAM) on the Indian Energy Exchange (IEX), putting financial burden on states seeking to meet spiking Diwali demand.
IEX data for October 16's DAM showed buyers outnumbering sellers and Vidy...

Northeastern states urge Centre for power transmission lines via Bangladesh

Northeastern states urge Centre for power transmission lines via Bangladesh

Northeastern states have urged the central government to erect power transmission lines via Bangladesh to connect the region with the national grid to ensure uninterrupted electricity supply, a Tripura Minister said.
"Power ministers of the northeastern states at a meeting in Shillong resolved to urg...

India's per capita energy consumption to double in next 6-7 years - RK Singh

India's per capita energy consumption to double in next 6-7 years - RK Singh

India’s energy needs are going to double in the next 6-7 years at the present rate of growth of the economy, according to the Minister of State (Independent Charge) for Power and Renewable Energy, R K Singh.
Speaking at the curtain raiser for RE-Invest 2017, Singh said, “We expect India's per capita ...

Adani may buy RInfra's Mumbai power business

Adani may buy RInfra's Mumbai power business

Anil Ambani-led Reliance Infrastructure (RInfra) has entered into exclusive talks with Adani Transmission for selling its Mumbai power business.
“The company has entered into a period of exclusivity until January 15, 2018 in relation to discussions for the proposed sale of its integrated business of ...

Companies plan mega investments on e-vehicles, batteries & charging infrastructure

Companies plan mega investments on e-vehicles, batteries & charging infrastructure

India Inc is preparing plans for mega investments for the electric vehicle mission including charging infrastructure worth thousands of crores in cities, batteries and purchase of three-wheelers and cars.
Government officials said they have held extensive discussions with more than 50 companies, dome...

Electricity discoms to trip on shunned power purchase agreements

Electricity discoms to trip on shunned power purchase agreements

Electricity distribution companies could well be looking at a repeat of fiscal years 2009 and 2010, when the average procurement cost spiked between Rs 4.96 per unit and Rs 7.49 per unit, unless they ensure a judicious mix of sourcing through long- and medium-term power purchase agreements (PPAs) ra...

IIT Bombay students build house that runs on net zero electricity

IIT Bombay students build house that runs on net zero electricity

A team of students from the Indian Institute of Technology (IIT) Bombay have designed and built a house that requires net zero electricity and even generates extra energy, storing it for future use. The group is set to take part in the Solar Decathlon 2018 which will take place in Dezhou, China, and...

TNERC cuts Tangedco’s long-term power cost by 7%

TNERC cuts Tangedco’s long-term power cost by 7%

Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed the pooled cost of power purchases, or the average price at which it buys power from various sources, at ₹3.70 per unit for financial year 2017-18. The amount fixed is 7% lower than the cost of ₹3.96 per unit set last year.
The tariff is ...

India’s wind power tariff falls to a record low of Rs2.64 per unit

India’s wind power tariff falls to a record low of Rs2.64 per unit

India’s wind power tariff fell to a record low of Rs2.64 per unit in an auction conducted by state-run Solar Energy Corp. of India (SECI) for 1 gigawatt (GW) of wind power contracts that ended on Thursday.
While ReNew Power Ventures Pvt. Ltd and Orange Sironj Wind Power Pvt. Ltd bid Rs2.64 per kilowa...

L&T Wins Bid For India’s Smart Meter Pilot Project

L&T Wins Bid For India’s Smart Meter Pilot Project

Engineering conglomerate Larsen & Toubro Ltd. will supply 50 lakh smart meters in two north Indian states as it emerged as the lowest bidder in a global tender for a pilot project that is expected to help ailing power companies reduce billing inefficiency.
L&T quoted the lowest price of Rs 2,...

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