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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

NTPC forced to cancel 250 MW October 2017 solar auction

NTPC forced to cancel 250 MW October 2017 solar auction

 NTPC Ltd has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff of Rs 3.14 per unit.

The auction was held under the domestic content requirement (DCR) category, where the winning developer has to mandatorily source solar panels and modules from local manufacturers. It had to be cancelled because it would have fallen foul of WTO norms, sources close to the development said.

 

Electricity tariffs may go up by 11 paise per unit: ICRA

Electricity tariffs may go up by 11 paise per unit: ICRA

Electricity tariffs may go up by 11 paise per unit due to an increase in coal prices by state-owned Coal India Ltd (CIL), rating agency ICRA said. This expected increase in power tariffs is fuelled by CIL revising coal prices by around 15-18% effective from January 9 midnight.

“This along with the le...

Reliance Infrastructure moves MERC to approve Adani sale deal

Reliance Infrastructure moves MERC to approve Adani sale deal

Reliance Infrastructure Ltd  said it has moved an application before Maharashtra Electricity Regulatory Commission (MERC) seeking approval to assign its transmission and distribution licences and transfer the integrated Mumbai power business to Adani Transmission Ltd.

The clearance has been soug...

PFC ties up with PTC India to procure electricity from stranded projects

PFC ties up with PTC India to procure electricity from stranded projects

In an attempt to help revive stranded power generation projects, Power Finance Corp. Ltd (PFC) and PTC India Ltd will procure electricity from such projects for sale to distribution utilities.

“PFC Consulting Ltd (PFCCL), a wholly owned subsidiary of Power Finance Corp., has entered into a memorandum...

Telangana government finds farmers wasting power, may review scheme

Telangana government finds farmers wasting power, may review scheme

Barely a week after providing free 24x7 electricity to the agriculture sector in Telangana state, the government will be reviewing the scheme as there are serious concerns about depleting groundwater levels and waste of power.

Chief Minister K. Chandrasekhar Rao will hold a meeting with elected repre...

DERC asks for feedback over power tariff revision

DERC asks for feedback over power tariff revision

Delhi Electricity Regulatory Commission (DERC) recently issued a notice asking stakeholders for their feedback on the power tariff petitions filed by the three power companies by January-end.
As per sources, the discoms have shown a combined revenue gap of over Rs 2,000 crore in their average revenue...

Adani, JSW & Tatas bid for stake in GMR’s power plant

Adani, JSW & Tatas bid for stake in GMR’s power plant

 Adani Power, JSW Energy and Tata Power have submitted bids to acquire a majority stake in GMR Infrastructure's 1,370-mw power plant in Chhattisgarh. Sources said state-run Neyveli Lignite did not submit its bid for the project. Neyveli had earlier held talks with the lenders for acquiring acontrol...

13 entities show interest in NTPC’s tender to buy out stressed assets

13 entities show interest in NTPC’s tender to buy out stressed assets

Thirteen entities, including private power companies and banks have evinced interest in a tender floated by NTPC, the country's largest power producer, seeking buyout of stressed assets, people aware of the development said.

These entities have bought the bid document and are expected to offer their ...

Methanol and not electricity should replace fuel in India by 2030, says Niti Aayog

Methanol and not electricity should replace fuel in India by 2030, says Niti Aayog

NITI Aayog, the central government’s apex think tank has drafted a hybrid fuel policy that aims to challenge the relevance of the mission of the electric car furthered by both the government and automobile premiers by replacing electricity as fuel with methanol.

Methanol, which is an alternative fuel...

Power ministry not in favour of retrofitting old power plants

Power ministry not in favour of retrofitting old power plants

The power ministry is mulling using supercritical power plants to meet new emission norms instead of retrofitting the old polluting units, which could increase their tariff by up to 93 paise per unit.

The government has estimated a capital expenditure of Rs88 lakh to Rs1.28 crore per megawatt for ret...

24X7 free power supply in Telangana: Special increment for electricity employees

24X7 free power supply in Telangana: Special increment for electricity employees

Round-the-clock power supply to the agriculture sector commenced at 12.01 am on Monday across the state. Telangana was the only state in the country which was providing free power to farmers round-the-clock for agricultural purposes, the state government claimed.Chief Minister K Chandrasekhar Rao de...

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