Power

Spot market power prices peaked at Rs 9.91 per unit on September 12, 2017, a three-year high in the sector. The average price on the IEX peaked at Rs 5 per unit. The sudden surge […]

Tata Motors Limited has won a contract for supplying 10,000 electric vehicles (EVs) to EESL. In the first phase, EESL will procure 500 EVs for various government departments. Tata Motors will deliver 350 EVs at […]

Larsen & Toubro (L&T) has quoted the lowest bid of Rs 2,722 per single-phase smart meter for Energy Efficiency Services Limited’s (EESL) mega tender for the procurement of 5 million smart meters. The meters will […]

Power Grid Corporation of India Limited has commissioned the second 1,500 MW pole of the Champa-Kurukshetra high voltage direct current line in Chhattisgarh, which will improve power supplies to the northern region. The link will […]

The Bureau of Energy Efficiency (BEE) has launched the trading of energy saving certificates (ESCerts) under the Ministry of Power‘s Perform, Achieve and Trade scheme. ESCert trading will enable industry players to buy and sell […]

The first round of the coal linkage auction under the Scheme for Harnessing and Allocating Koyla Transparently in India (SHAKTI) witnessed bidding by 10 independent power producers (IPPs) with a capacity totalling 9 GW. Players […]

The Solar Energy Corporation of India’s (SECI) second wind power auction of 1,000 MW conducted on October 4, 2017 witnessed a record low tariff of Rs 2.64 per unit. This is lower than the Rs […]

The prime minister has launched the Rs 163.2 billion Pradhan Mantri Sahaj Bijli Har Ghar Yojana or the Saubhagya scheme with the motive of supplying electricity to all households by December 2018. About 60 per […]

As per the Solar Photovoltaics, Systems, Devices and Component Goods (Requirement for Compulsory Registration) Order, 2017, issued by the Ministry of New and Renewable Energy (MNRE), solar equipment will be eligible for sale only if […]

MNRE’s new solar norms have barred unilateral termination or modification of power purchase agreements by state authorities. In addition, a minimum 50 per cent penalty of the tariff will be imposed on discoms that back […]

Energy Efficiency Services Limited (EESL) has issued a global tender for procuring 5 million smart meters for Uttar Pradesh and Haryana. EESL will be making the entire upfront investment as well as maintaining the whole […]

NTPC Limited has commissioned the 250 MW Mandsaur solar project in Madhya Pradesh. The project entails an investment of Rs 15.03 billion and consists of five solar plants with an installed capacity of 50 MW […]

The Appellate Tribunal for Electricity (APTEL) has upheld the Odisha Electricity Regulatory Commission’s (OERC) order on the termination of licences for three state discoms because of poor performance and financial distress. OERC had cancelled the licences […]

Wind power tariffs touched a record low of Rs 3.42 per unit compared to the previous low of Rs 3.46 per unit (discovered in the Solar Energy Corporation of India’s auction in February 2017), at […]

The Uttar Pradesh Electricity Regulatory Commission has issued a letter to 15 solar power project developers asking them to voluntarily agree to lower solar tariffs to Rs 7.02 per kWh, which is the price that […]

The Gujarat government has floated a tender to procure 1,000 MW of power from coal-based plants willing to sell electricity at a tariff less than Rs 2.82 per unit. The state will provide the coal […]

The aggregate financial losses of state power distribution companies under the centre’s Ujwal Discom Assurance Yojana have reportedly declined by 21.5 per cent to reach Rs 402.95 billion in 2016-17. This decrease in losses has […]

As per a recent World Bank statement, India is permitted to construct hydroelectric projects (HEPs) on the tributaries of the Chenab and Jhelum rivers, while adhering to certain restrictions specified in the Indus Water Treaty, […]

The MoP has directed states to scale down their aggregate technical and commercial losses to below 10 per cent at a recent review meeting held on July 22, 2017. Around 4,040 towns have been targeted, […]

The MoP is planning to propose new norms for power procurement by electricity distribution companies in order to revive the signing of long-term power purchase agreements (PPAs) by discoms. The new norms will require the […]