Power demand reaches record high in Punjab

PATIALA: The maximum power demand in Punjab reached 12,542 megawatt (MW) on Monday afternoon. The all-time high was due to the hot and sultry weather and dwindling rainfall in the state The ongoing paddy cultivation season has further increased the power demands in state, beyond the power corporation’s expectations.   The Punjab State Power Corporation Limited (PSPCL) has witnessed a 33% spike in ...

Levies fuel price adjustment surcharge of 11 per cent

Residents in the New Delhi Municipal Council areas will have to pay more for power from May onwards. On Monday, the Delhi Electricity Regulatory Commission allowed the NDMC a fuel price adjustment surcharge of 11 per cent on a provisional basis. The NDMC had petitioned the DERC to allow an increase in variable part of the tariff of 11.18 per cent on account of fuel price adjustment surcharge, but has been allowed ...

Icra pegs Rs 85k cr subsidy dependence for discoms in FY19

New Delhi: Rating agency Icra has estimated a subsidy dependence of Rs 85,000 crore amid low tariff hikes allowed for discoms in 2018-19, and expects improvement in thermal plants capacity utilisation or PLF in near to medium term.  "The domestic electricitydemand growth is likely to remain at about 5 to 6 per cent in near to medium term, supported by thrust towards rural el...

Delhi records highest-ever power demand at 6,998 Megawatt

New Delhi: Delhi’s powerdistribution company BSES today announced the national capital’s electricity demand peaked at 6,998 Megawatt (Mw) today at 3:22 pm, the highest-ever recorded in the history of the city.  “It broke the previous record of 6,934 Mw created on June 8, 2018. This is an increase of over 200 per cent over the peak power demand of 2,879 Mw in 2002,” ...

Fuel doubts leave power plants stranded

New Delhi: India is facing a severe coal shortage, which has stranded many power plants, which cannot be revived without secure fuel supply. The Centre has allowed states to import coal for their thermal plants because Coal India has not been able to meet its targets, leaving power plants stranded or short-supplied. But imports don’t look viable for many power plants. The power sec...

Punjab, Haryana power utilities improve their rankings

The Punjab State Power Corporation Limited (PSPCL) and the Haryana power utilities have improved their ranking in the sixth integrated rating for state power distribution companies that have been issued by the Union Ministry of Power.  Punjab has been placed at the 11th position rising two slots from 13th the previous year and is yet to regain A+ grade which it held ...

Seven companies bid lowest in power supply auction, quote Rs 4.24/Unit

NEW DELHI: RKM PowerGen, Jaiprakash Associates, IL&FS and MB Power are among seven companies that have bid the lowest in an auction of three-year power supply contracts with stressed plants, quoting a price of Rs 4.24 per unit.  According to a senior official, Jindal India Thermal Power, Avantha Group’s Jhabua Power and SKS Power were the other three that matc...

Punjab & Haryana power utilities improve grading

CHANDIGARH: Punjab and Haryana power utilities are covered under B+ grade. UHBVN and DHBVN of Haryana are placed at tenth and thirtenth number while PSPCL of Punjab is at eleventh position in the sixth integrated rating for state power distribution companies issued by the Union Ministry of Power. PSPCL has improved from last year’s of 13th to 11th position though it is yet to regain A+ grade which it he...

In Centre’s ratings, PSPCL slips from A grade to B+

PATIALA:The Punjab State Power Corporation Limit (PSPCL) has slipped from A grade to B+ in the latest ratings of power distribution companies announced by the Union power ministry recently. However, the PSPCL has improved its rank from last year’s 13th to 11th, even as it could not regain A+ grade, which it held for two consecutive years. Meanwhile, Haryana power utilities have moved up from B grade to B+...

Thermal power output rises 6% amid blame game on coal shortage

New Delhi: Low coal stock at several generation units is a problem of their own making as they ignored warnings against reducing offtake from Coal India Ltd (CIL) during periods of subdued powerdemand. In a note issued on Wednesday, CIL cautioned power producers against repeating the mistake by reducing coal intake during the monsoon. Instead, the company has advised using this period to b...