The Central Electricity Authority (CEA) has issued the Guidelines for Benchmarking of Operation and Maintenance [O&M] Norms for Distribution Utilities. The guidelines have been developed to standardise O&M norms across the sector. The guidelines include O&M benchmarking for major equipment in 33/11 kV substations, covering key equipment identification and maintenance practices for power transformers. Additionally, they recommend treating total expenditure/operational expenditure as a separate head under annual revenue requirement calculations, with reimbursement based on actual expenditure following prudence checks by the relevant regulatory commission. A hybrid approach for determining O&M expenses has also been proposed.
Greater Chennai Corporation sanctions funds for development of stormwater drainage in uncovered areas
The Greater Chennai Corporation (GCC) has sanctioned funds worth Rs 2 billion for the development of stormwater drainage (SWD) in uncovered areas of Chennai, Tamil Nadu. The work is likely to commence in February 2025. […]
Ministry of Coal announces selected applicants under category-II of financial incentive scheme
The Ministry of Coal has announced the selected applicants under Category II of the financial incentive scheme with a financial outlay of Rs 85 billion. The scheme is open to both private companies and government […]
Smooth Sailing: Key trends and emerging opportunities in the maritime sector
With its expansive coastline, growing maritime trade (both inland and outbound) and an extensive network of inland waterways, India’s maritime sector plays a vital role in boosting economic growth. In recent years, the sector has […]