CHANDIGARH: All India Power Engineers Federation (AIPEF) has submitted its comments on the draft Electricity (Amendment) bill 2018 to the power ministry opposing the complete privatization of power distribution. AIPEF has written to R K Singh Power Minister demanding that the revised draft along with the comments of stakeholders be again sent to Parliament’s Standing Committee on Energy and they should ...
NANGAL: The Centre is yet to fill the two vacant posts of members of the Bhakra Beas Management Board (BBMB). The vacancies of member (power) and member (irrigation) had fallen vacant after the retirement of VK Kalra and SK Sharma in May and July. A panel of eligible engineers for member (irrigation) was sent by the Haryana government while a panel for member (power) was sent by Punjab to the Union ministry of power ...
No. 34 / 2018 / MoP 19-10-2018 Sri R K Singh Power Minister (I/C) Govt Of India Shram Shakti Bhawan New Delhi Sub: All India Power Engineers Federation (AIPEF) comments on proposed amendment to Electricity Act 2003. Sir, Kindl...
The power sector is in serious trouble. Non-performing assets (NPAs) among power-generating companies are mounting. There is a shortage of coal. Plant load factor (PLF) is down to 58%. Distribution companies (discoms) are in a bad shape and new power purchase agreements (PPAs) are few and far between. Launched in 2015, UDAY — Ujwal Discom Assurance Yojana — was to provide much-needed relief, ...
BHUBANESWAR: Former Union Minister and senior Congress leader Srikant Jena today demanded a court-monitored SIT probe and a special audit by a third party into the multi-crore scam in the power sector in Odisha. Addressing newsmen here, Jena squarely held Chief Minister Naveen Patnaik responsible for the major power scam in the state running into Rs.50,000 crore and questioned the role of the Odisha Electricity Re...
The proposal by an expert panel has been resisted as “illegal” by consumer groups, the Gujarat government and its power utility said in their petition to the Supreme Court. The court has admitted the matter and will hear it on October 29, sources said. The expert committee, led by retired Supreme Court judge RK Agarwal, has recommended opening up the power purchase agreements (PPAs) to allow fuel...
New Delhi: At a time when dozens of power plants are set to be dragged to bankruptcy courts for defaulting on loans, a high-level panel has recommended a bailout for the Gujarat-based stranded generating stations of Tata Power, Adani Power and Essar, whose costs, estimated at staggering Rs 1.29 lakh crore, will have to be borne by electricity consumers. Lenders too could lose over Rs 17,000 crore in haircuts,...
THIRUVANANTHAPURAM : Electricity Minister M M Mani on Wednesday called for a concerted effort to oppose the Draft Electricity (Amendment) Act, 2018, which, he said, was inimical to the larger interests of the public and would lead to a hike in power tariffs. Inaugurating a workshop on the draft organised by the Kerala State Electricity Board (KSEB), he said that the Left Government would strongly object to the ...
New Delhi: Tata Power Co. Ltd. is among two bidders in the race to acquire Central Electricity Supply Utility of Odisha (CESU Odisha) in what would be the first such deal in nearly two decades in India’s power sector. Feedback Energy Distribution Co. Ltd (FEDCO) and India Power Corp. Ltd have also placed a joint bid for the asset, the bidding companies and the manager to the sale tol...
''The coal supply could not cope up with increased demand consequently several plants like RattanIndia Amravati, KSK Mahanadi and GMR Warora are under forced shutdown due to lack of coal supply. This power deficit got aggravated due to less generation of wind and hydropower,'' he added. Indian Energy Exchange director (business development) Rajesh Mediratta said the coal position will improve in No...