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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

Mahindra matches Tata Motors’s electric vehicles tender bid

Mahindra matches Tata Motors’s electric vehicles tender bid

Mahindra and Mahindra Ltd has matched the bid made by Tata Motors Ltd for supplying electric vehicles (EVs) to the state-run Energy Efficiency Services Ltd (EESL), winning 30% of the marque order.
Mahindra will supply 150 of the 500 EVs to be delivered in the first phase, by 30 November. The time-frame for the second phase has not yet been announced.
“The purchase orders for supply of 9,500 electric vehicles in phase II will be issued on completion of phase I deliveries,” EESL said in a statement. “Both qualified parties, Tata Motors and Mahindra, will have the opportunity to supply their respective number of vehicles, as per the terms of the tender and Mahindra matching the lowest bid pricing for phase II.”

 

Wind power industry worried about tariff crash

Wind power industry worried about tariff crash

After a steep fall in solar power prices in India, it is now the turn of wind energy. During an auction conducted last week by the state-run Solar Energy Corporation of India for 1,000 megawatts of wind power installations, tariffs fell to a new low of Rs 2.64 per unit, down 24% from even the previo...

Greenko looks to buy Reliance Infra Mumbai electricity biz for Rs 14,000 cr

Greenko looks to buy Reliance Infra Mumbai electricity biz for Rs 14,000 cr

Renewables company Greenko, backed by Singapore's GIC and Abu Dhabi Investment Authority, is seeking to buy the Anil Ambani-led Reliance Infrastructure's Mumbai electricity business for Rs 13,000-14,000 crore ($2.15 billion), the Economic Times reported on Monday while citing sources familiar with t...

Telangana become largest producer of solar power in India

Telangana  become largest producer of solar power in India

Telangana is now the largest producer of solar energy in the country, after toppling its role model Gujarat. Gujarat was number one in the country in generating this form of renewable energy, but now has been relegated to the sixth spot. Statistics available in September show that Telangana, generat...

Rajastan to scrap long term contracts - NLC reduces tariff to save plant

Rajastan to scrap long term contracts - NLC reduces tariff to save plant

State-run generator NLC India Ltd is offering to reduce tariffs from two of its power plants after its main buyer asked the company to lower prices or shelve the projects, according to two officials with knowledge of the matter.
NLC has offered to bring tariffs down by about Rs0.5 per kilowatt hour, ...

Crisil forecasts bleak revival prospects for 21 GW stressed assets in power sector

Crisil forecasts bleak revival prospects for 21 GW stressed assets in power sector

A large proportion of coal-based power generation capacities in the private sector, under stress due to multiple factors, will remain depressed for a long time despite a raft of alleviation measures from the government, according to Crisil Research.
As of August 2017, about 21 GW of commissioned priv...

Saubhagya scheme to create additional power demand of 28,000 MW in the country

Saubhagya scheme to create additional power demand of 28,000 MW in the country

The household electrification scheme ‘Saubhagya’ is expected to create an additional power demand of 28,000-mw in the country, helping the stressed power plants that are either idling or underutilised.
“Considering an average load of 1 kwh per household and average uses of load for 8 hours in a day, ...

Wind turbine manufacturers to face headwinds in near term:ICRA

Wind turbine manufacturers to face headwinds in near term:ICRA

Following the transition from feed-in tariff to bid tariff route, wind turbine manufacturers are likely to face headwinds in near term, says ICRA.
"The wind energy sector is undergoing a transition phase from feed-in tariff regime to a bid based regime, post the success of a reverse auction under the...

Modi launches ₹16,000-crore Saubhagya scheme for household electrification

Modi launches ₹16,000-crore Saubhagya scheme for household electrification

The welfare of the poor is linked to the identity of the NDA government, Prime Minister Narendra Modi said on Monday. He was speaking at the launch of a ₹16,000 crore scheme, Saubhagya, under which households across the country that have no access to electricity, will be given power connections free...

Indian Oil, HPCL, BPCL eyeing electric vehicles, renewables business

Indian Oil, HPCL, BPCL eyeing electric vehicles, renewables business

Wary of being left behind in the race for renewables and electric vehicles, oil marketing companies are quietly drawing up plans to expand their modest presence in renewable energy space.
Indian Oil Corp. Ltd, the largest of the three big oil marketers, is exploring opportunities for setting up batte...

Allot 2000 MW of power from KKNPP 3&4 units to TN: Minister

Allot 2000 MW of power from KKNPP 3&4 units to TN: Minister

Tamil Nadu Electricity Minister P Thangamani  requested Union Minister of State for Power R K Singh to allot the 2,000MW of power that would be generated from third and fourth units of Kudankulam Nuclear Power Plant.
Thangamani called Singh in New Delhi today and discussed about various power pr...

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