N0. 21 / 2018 / ODISHA 13-08-2018 Shri Naveen Pattanaik Chief Minister Odisha Bhubaneswar Sub: Memorandum on behalf of All India power Engineers Federation on Odisha Power Sector to stop Pri...
NEW DELHI: The Reserve Bank of India (RBI) has said that stress in the power sector has been caused by state-run utilities being favoured at the expense of private ones amid an escalating row with the government over the central bank’s February 12 circular that tightens loan default rules. A government official said the RBI’s response to the Centre’s sub...
CHENNAI: Tamil Nadu’s power utility imported poor quality coalduring 2012-16, resulting in excess payment of Rs 813.68 crore, the Comptroller and Auditor General has found, recommending an investigation. The audit also found that the Tamil Nadu Generation and Distribution Corporation (Tangedco) released Rs 5,767.13 crore to supplier of 60% of the coal consignments without obtaining a mandatory Certifi...
CHANDIGARH: All India Power Engineers Federation (AIPEF) is holding Federal Council meeting on August 18 to chart out the future course of their resistance against the amendment Bill and discuss the power sector reforms. Power sector engineers across India have been opposing the Electricity (Amendment) Bill 2014 , which seeks to extend privatisation to the distribution of electricity from the day o...
CHANDIGARH: The water level in the reservoirs of the northern region are at lower level as compared to last year due to deficient monsoon in catchment area of reservoirs. The reservoir level of Bhakra , Pong and Ranjit Sagar Dam are lower by 60 feet,42 feet and 34 feet respectively compared to last year on corresponding day. At Tehri Dam water level is lower by 11 feet compared to last year. The northern r...
SHIMLA: Three mega hydropower plants in Himachal Pradesh remained shut for the fourth consecutive day on Friday due to high silt level, triggering power shortage in the northern states. HT FILEKarchamWangtoo hydropower project in Kinnaur district has shut its power generation units as excessive silt in Sutlej river may damage the turbines. 1,500 megawatt (MW) Nathpa-Jhakri and 1,091MW Karcham-Wangtoo, both...
Despite the government's claims that it has succeeded in electrifying all of India's villages, many rural households are languishing in the dark, while several privately-owned power plants are mothballed or operating below optimum capacity on the back of mounting debt. India's total power capacity is over 3.40 lakh megawatts, almost 75 percent more than what it was six years ago. But as the demand for ...
Stressed power assets will fetch better value if fuel, discom and regulatory issues are resolved and the extension of deadline mentioned in the Reserve Bank of India circular is available, power secretary Ajay Bhalla told ET’s Sarita C Singh in an interview. He said banks are expected to take decisions on about 10 stressed power projects in 15 days while the recently set up high-powered committee woul...
CHANDIGARH:Punjab State power Corporation limited (PSPCL) has been able to meet the power requirement and peak demand of the state this year as it was able to arrange power from other sources despite Central Electricity Authority (CEA) shortage projections. The Central Electricity Authority in its load generation balancing report (LGBR) for year 2018-19 has projected that the Punjab will face annual pe...
CHANDIGARH: The reform in power sector remains a pipe dream and benefits of surplus power generation capacity are negated by power distribution companies facing cash crunch. Now elections are round the corner and every political party is planning to promise more subsidies to all sections of consumers. The reform process in the country started with Electricity Act 2003 by replacing the Electricity (supply) Act...