NEW DELHI: Power discom TPDDL, supplying electricity to nearly 70 lakh consumers in north and northwest Delhi, on Saturday claimed it has suffered a huge annual loss of Rs 150 crore due to power theft in some pockets of its distribution area. Its aggregate technical and commercial losses range between 50 per cent and 60 per cent, against the overall figure of 8.4 percent, in 24 villages in...
New Delhi: The Punjab government has approved a super critical thermal plant of 4,000 MW capacity for Rupnagar, state power minister G S Kangar said Friday. Besides, a 60 MW biomass plant and a 100 MW solar plant are also coming up soon, he said. He sought to clarify that closure of 880 MW thermal units in Bathinda and Rupnagar by the government earlier would lead to dominance of private ...
RUPNAGAR: With the end of normal filling season on September 20, the low water level in the reservoirs of northern region is a cause of concern for power sector as hydro generation in the region has gone down substantially. The water level at the Bhakra dam on the last day of filling season was 1,651.25 ft, as per the data available with the Northern Regional Load Dispatch Centre (NRLDC). The level at the dam was ...
NEW DELHI: Tata Power and Hemant Kanoria-controlled India Power Corporation Ltd have bid to acquire Odisha’s Central Electricity Supply Utility (CESU), being privatised again after 17 years. This is first discom privatisation after licences for Delhi Vidyut Board were handed over to Tata Power Delhi Distribution Ltd and BSES Delhi discoms. “The bidding distrib...
A rare window is open for power sector reform in Uttar Pradesh. The Bharatiya Janata Party (BJP), in office in both Lucknow and New Delhi, has a sweeping mandate to transform Uttar Pradesh’s troubled electricity situation. The party has made two important commitments on this front. First, they have promised to ensure every household in the state has an electricity connection and access to twenty-four-hour relia...
A rare window is open for power sector reform in Uttar Pradesh. The Bharatiya Janata Party (BJP), in office in both Lucknow and New Delhi, has a sweeping mandate to transform Uttar Pradesh’s troubled electricity situation. The party has made two important commitments on this front. First, they have promised to ensure every household in the state has an electricity connection and acce...
New Delhi: The Reserve Bank of India has refused to be part of the cabinet secretary-led panel set up by the PMO in July to resolve issues of the stressed thermal power sector. Officials said the RBI has formally communicated to the government that the matter is sub judice and that its well-known views on handling loan defaults have already been articulated on many forums in the past....
NEW DELHI: Electricity spot prices in India surged to a more than eight-year high because of lower quantum of traded power, higher demand amid a retreating monsoon, which has also forced power sellers such as Telangana to turn buyers. Prices touched ?14.08 per unit for Tuesday on the India Energy Exchange (IEX). It was the highest since April 2010 when spot prices rose to ?13.90 per unit. The alltime high for elec...
cash-strapped Punjab State Power Corporation Limited (PSPCL) is minting money these days by selling surplus electricity to other states with power prices soaring during the peak demand hours. In the current fiscal so far, PSPCL has already sold ?230 crore power to the grid, against ?70 crore during the same period last fiscal. With the rainy season having nearly concluded, power generation from hydro units has ...
Electricity is invariably political in India. Far from depoliticising the sector, reform will require deeper, but careful engagement with politics From page 01 The Indian economy is among the fastest growing in the world. Sustaining this growth requires a healthy electricity sector that is able to meet increased demands, ideally alongside an eye to environmental sustainability. Yet, electricity consumers...