CHANDIGARH: Punjab State ElectricityRegulatory Commission today revised the tariff for the financial year 2018-19 for all categories of consumers by 2.14 % and has also  increased fixed charges for all the category of consumers by Rs. 10 per KW with effect from June 1. As per order the domestic tariff has been increased by 8 paisa per unit and fixed charges have been increased by R...

New Delhi: The outstanding dues of power producers on distribution utilities soared by 63 per cent to Rs 38,696 crore in March 2019 compared to the same month year ago, reflecting stress in the sector. According to PRAA portal, distribution companies owed a total of Rs 23,699 crore to power generation companies in March 2018.  The portal was launched in May 2018 to b...

The Indian power sector has grown tremendously in the last decade than the preceding ones but this is not enough. A model power sector in the country remains a pipe dream and benefits of surplus power generation capacity are negated by power distribution companies facing a cash crunch. The way out of this paradox of scarcity amid surplus power lies in fixing power distributi...

CHANDIGARH: Indian power sector has grown tremendously in the in last decade than the preceding several decades but this is not enough. A model power sector in the country remains a pipe dream and benefits of surplus power generation capacity are negated by power distribution companies facing cash crunch. The way out of this paradox of scarcity amid surplus power lies in fixing power di...

 NewsletterA A  Share  MELBOURNE: Australia's Queensland state said on Friday that the process to obtain final approvals for Adani Enterprise's controversial Carmichael coal mine must be wrapped up by mid-June. Adani has been working for a decade to obtain approvals to develop the project in the remote Galilee Basin, but the process h...

New Delhi: The incoming power minister is unlikely to be troubled by any of the burning issues that her predecessors will have routinely faced early in their tenure. We are in this position having successfully tackled our long-running ordeals with power shortages, depleting fuel stocks, rising energy prices, and millions of homes without power connections. We grabbed the limelight too in ta...

Launched in November 2015, the Ujwal DISCOM Assurance Yojana (UDAY) was designed to turn around the precarious financial position of state distribution companies. Broadly, the scheme had three critical components. Takeover of discom debt by state governments, reduction in aggregate technical and commercial (AT&C) losses, timely tariff revisions and elimination of the ...

New Delhi: Fitch Solutions Tuesday said India's thermal coal output is projected to grow at an average annual rate of 4.3 per cent by 2028. "In absolute volume terms, China and India will have the largest impact on the global coal market balance," Fitch Solutions Macro Research said in a report.  It further said the surge in Chinese imports that occurre...

  Mumbai: As the demand for electricity increases with temperature soaring, Mahagenco(Maharashtra power generation company) crossed the record 10,000 MW generation mark on Monday.  “Around 1.30 pm today, generation through our power plants touched 10,066 MW mark, a first in its history,” Mahagenco said in a statement. The total power demand in the state also t...

The combined outstanding regulatory assets for the thermal power sector stands at Rs 76,963 crore, according to India Ratings and Research, which sees a potential to securitize these receivables through bonds. “As per the latest tariff orders till FY2019, the total future regulatory assets outstanding and approved by all the State Electricity Regula...