CHANDIGARH: Baldev Singh Sran who took over as CMD Punjab State power Corporation Limited (PSPCL)  on June 6 this year has shown leadership which has been missing in power sector and the results are astonishing. He managed the critical power system of the state in a commendable manner during the paddy season maintaining 8 hour supply for agriculture sector despite less hydro generation available from BBM...

To deal with stressed power assets, the Centre has decided to pursue state governments to have an assured demand and make timely payment to power generation companies. “(The) Centre is going to pursue the state governments to ensure timely payment to power generation companies. We are in discussion with states for assured power demand. We are also thinking about several measures to revive stalled projects in...

Sir Mokshagundam Visvesvaraya was a thin man with a big head. He had a long, sharp nose, surpassed by an even sharper intellect. The offspring of a Telugu Brahmin family, he was born on 15 September 1861 in a Karnataka village called Muddenahalli. His parents were of modest means but learnt quickly that English education was a passport to social mobility. Their second-born did not fail them—a diligent student, ...

By Vinod Kumar Gupta In a significant development, the Power Ministry has circulated and sought comments on Electricity Amendment Bill 2018 in 45 days. The draft has been circulated among all related government agencies, departments, regulators, PSUs, and industry associations. The government has sought feedback on the revised Electricity Amendment Bill on the ground that it the bill facilitates more than one ser...

Chandigarh, September 11 With water storage capacity at the crucial Bhakra Dam reduced by almost one-fourth due to inflow of silt, the Bhakra Beas Management Board (BBMB) will explore options to dredge the reservoir bed and use the excavated silt for agricultural or industrial purposes. “We will shortly be undertaking a study for assessing the composition and characteristics of the huge quantity of silt a...

Bengaluru: The Supreme Court on Monday allowed the government to implement safeguard duty on imported solar panels and modules, setting aside an order of the Orissa High Court that stayed the imposition of the levy, three people aware of the development said. The Orissa High Court will continue to hear a petition filed against the safeguard duty, but there will be no stay on imposing it, the pe...

CHANDIGARH: Power sector employees and engineers concerns remains unresolved in Electricity (Amendment) bill 2018 which has been circulated to government agencies, power distribution companies, regulators and industry for their comments. The Power Ministry has claimed that in its revised version it has incorporated the various suggestions given by the stake holders and the bill seeks to separate content and c...

Section 14 - Grant of licence Draft Amendments to Electricity Act, 2003 (September 2018) Page 18 (b) to distribute electricity as a distribution licensee; or (c) to undertake trading in electricity as an electricity trader, or (d) to supply electricity as a supply licensee from and after the date of implementation of the Transfer Scheme in any area as may be specified in the licence; Provided t...

No.31 - 2018 / Electricity Bill         07 - 09 - 2018   All Office Bearers - A I P E F Chairman / Secretary General - SIPEF / WIPEF / EIPEF / NIPEF President / General Secretary - All AIPEF Constituents   Sub : Proposed amendment draft of Electricity (Amendment) Bill 2014   Ministry Of Power, GOI has circulated proposed amendment in Elect...

New Delhi:The Reserve Bank has turned down the Power Ministry's request to give certain concessions for setting up of an Asset Reconstruction Company (ARC) for warehousing stressed assets to prevent distress sale of these plants, a senior official said Thursday. "An upfront valuation is required for taking assets into ARC. We have sought exemption from that. The ARC is required to make 15 per cent ...