Almost every willing household in India now has a legitimate electricity connection. The household electrification scheme, Pradhan Mantri Sahaj Bijli Har Ghar Yojana, or Saubhagya, has been implemented at an unprecedented pace. More than 45,000 households were electrified every day over the last 18 months. Against such an achievement, it is important to ask these questions: what did it take for India...
New Delhi: In a verdict that gives relief to distressed power companies but could delay bankruptcy proceedings, the Supreme Court on Tuesday quashed a tough 2018 RBI circular on resolving bad debt under which a company is declared bankrupt even if it misses repayment schedule by a day. An early resolution of stressed loans impacted by the circular is expected to be hit following the verdic...
What is your broad-based assessment of the final tariff structure for power companies? Would you say a win-win situation has been maintained? Broadly the stability in the tariff regime has been maintained and certain improvements have been made in the normative parameters. Whatever has been the experience in the recent years on certain issues of storage of coal at the power end points and flexibilisation of the pl...
Sri Rahul Gandhi President Indian National Congress New Delhi Sub : AIPEF recommendation for including in Election Manifesto Sir, All India Power Engineers Federation (AIPEF) is federation of all power engineers working in Govt PSU's power sector. All India Power Engineers Federation’s recommendation for inclusion in the Manifesto of Indian National Congress on issues r...
New Delhi: India has imposed anti-dumping duty of up to $1,559 per tonne on imports of a certain type of sheet used in solar cell making from China, Malaysia, Saudi Arabiaand Thailand for five years to safeguard domestic players against cheap shipments. In a notification, the Department of Revenue has said that after considering the recommendations of the commerce...
With major states such as Karnataka, Uttar Pradesh, Jharkhand and Haryana still providing only 17-18 hours of electricity a day to rural consumers, the government’s plan to “ensure 24×7 affordable and quality power for all by March 2019” has gone haywire. Experts put the blame on the weak finances of the state-owned power distribution companies (discoms), which could not build adequate infr...
Kolkata: Care Ratings believes electricity generation in FY19 will grow between 6% and 7%. Successful implementation of electrification led by Power for All is expected to drive the demand for electricity. Care also expects demand for imported thermal coal to normalize going forward as supply constraints of domestic coal improve over the next 12 months. However, ov...
Twelve days before elections dates were announced, the Modi government on February 25 cleared the way for an Adani project in Jharkhand to become the first standalone power project in India to get the status and benefits of a Special Economic Zone. For this, the commerce ministry amended power-related guidelines for Special Economic Zones earlier this year. Geared towards exports, Special Economic Zones get a host...
CHANDIGARH: H S Chugh a PSPCL Chief Engineer working in BBMB has been appointed Member (Power) in BBMB by the Ministry of Power. Chugh has 34 years of service experience in PSPCL in various capacities from 22.05.1985 comprising all aspects of Generation, Distribution & Transmission organization. Out of 33 years of service in PSPCL & in BBMB till date, about 25 years of experien...
NEW DELHI: India will launch $5 billion of transmission-line tenders in phases, beginning in June, to route a targeted 175 gigawatts (GW) of power from renewablesources into the country's grid by 2022, the secretary at the ministry of renewable energy said. India, the world's third-largest emitter of greenhouse gases, has pledged to cut emissions and have clean energy accou...