India’s financial year (FY) 2018-19 was marked by a record slowdown in thermal generation capacity additions in the electricity sector.   From the highs of 20 gigawatts (GW) of new coal-fired power plants commissioned every year between FY13 to FY16, net capacity additions from coal over the past three years have been 7 GW, 5 GW and 1.2 GW, respectively. The FY19 net capacity additions for c...

New Delhi: The Central Electricity Regulatory Commission's tariff regulation for FY2020 to FY2024 is largely in line with the draft guidelines, India Rating and Research (Ind-Ra) said Wednesday. The CERC had brought the draft tariff regulation in the December 2018 for a block period of five years from April 1, 2019 to March 31, 2024. The final the CERC guidelines for t...

The Supreme Court has dismissed a petition filed by NTPC Ltd to review an order of the Appellate Tribunal for Electricity (ATE) in a case pertaining to declaration of Commercial Operations Date (COD) at its Barh super thermal power station in Bihar. NTPC and Gridco had locked horns over announcement of COD for the Barh thermal power plant. Gridco had vigorously contested NTPC'...

New Delhi: Outstanding dues of power producers on electricity distribution utilities have increased by more than 20 per cent to Rs 40,804 crore in January 2019 compared to the year-ago month, adding to the woes of the stressed sector. According to PRAA portal, discoms owed a total of Rs 33,848 crore to power generation companies in January 2018.  The portal was launched i...

Political parties' manifestos should declare electricity as a fundamental right, said an association representing almost 1.5 million public sector power employees Sunday. The All India Power Engineers Federation (AIPEF) has written to leaders of the Bharatiya Janata Party (BJP), the Congress and other parties suggesting a charter of suggestions to improve the power&...

PATIALA: Members of the All India Power Engineers’ Federation (AIPEF) have demanded review of the energy policy with an aim of “integrating unbundled power utilities and restoration of old pension scheme”. A federal executive meeting of the AIPEF was held in Varanasi on Sunday. The meeting was addressed by chairman Shalinder Dubey, chief patron Padamjit Singh and others. ...

ARANASI: All India Power Engineers’ Federation (AIPEF) has demanded review of energy policy with the aim of integrating unbundled power utilities and restoration of old pension scheme.  The Federal Executive of the AIPEF was held today  in Varanasi and was attended by the representatives of 20 states. The meeting was addressed by Shalinder Dubey Chairman , Padamjit Singh Chief Patron , K Ashok...

New Delhi: The new draft regulation on Market Based Economic Dispatch (MBED) of power proposed by the regulator Central Electricity Regulatory Commission (CERC) will have mixed outcomes and requires clarity on compensatory tariff payments, according to research firm India Ratings. MBED will help reduce the cost of power purchase across discoms, enable flexibility in grids to facilitate renewabl...

New Delhi: Public sector banks could see downgrades after Tuesday’s Supreme Court verdict that set aside the central bank circular on insolvency proceedings, likely giving a fresh lease of life to the erstwhile practice of negotiated debt-restructuring deals between companies and bankers. Analysts expecting better statistics from state-run lenders in the March and June quarter will now have...

CHANDIGARH: All India Power Engineers Federation (AIPEF) has written to the heads of BJP, Congress and major political partiessuggestions for the improvement of power sector for inclusion in their election manifesto’s. V K Gupta Spokesperson AIPEF said that the Federation in letters to Amit Shah, Rahul Gandhi and other heads of political parties highlights the pro...