As much as Rs 3 lakh crore of investment in a dozen power plants of the private sector is at risk of turning into NPA as states buying power have not been making payment for months, official data and sources said. Advertising According to data available on the PRAAPTI portal of the Ministry of Power, 12 power generating companies belonging to firms such as GMR and Adani Group a...
In the context of India, energy access has remained a challenge, even though different governments ever since Independence have made enormous efforts in augmenting the same. Initial schemes did not clearly articulate the definition of village electrification, resulting in a lower level of household electrification, which got compounded due to lack of interest on the part of distribution utilities to ...
The move is aimed at introducing market-based price discovery for electricity and curbing nontransparent bilateral ties between states and power plants that are not recognised under the Electricity Act, according to the proposal from the power ministry. The proposal has, however, evoked mixed response from the industry. The ministry has issued draft guidelines for sale of power...
Bengaluru: The Andhra Pradesh government has directed state-run power distribution companies to honour contracts signed with renewable energy developers, offering relief to generators at a time when several clean energy buyers are backing out of agreements and seeking lower tariffs. Andhra Pradesh, one of the leading states in using renewable energy, has more than 7,000 MW of sol...
New Delhi: Electricity distribution companies (discoms), which buy power from generators and transmission units and sell it to final users, went 27% deeper into the red in December 2018, compared to the same month, 2017. Discoms now owe nearly Rs 42,000 crore to generating companies like state-owned giant NTPC, as well as private players like Adani, Tata Power and Sembcorp. Payments are d...
The grid failures might have been a national problem, but for a real understanding of the energy sector woes, you have to look at the scene in the states. Take Rajasthan, which failed miserably at a World Bank-planned restructuring, leaving power companies mired in a serious debt trap. The power sector restructuring began during the first tenure of chief minister Ashok Gehlot (1998-2003) wit...
RUPNAGAR: The All India Power Engineers Federation (AIPEF) has appealed to all political parties to include power sector reforms, and remove privatisation, in their manifestoes for the upcoming Lok Sabha elections. In a statement, AIPEF spokesperson VK Gupta said the process of reforms in the power sector must continue in consultation with all stakeholders. He said an AIPEF fed...
CHANDIGARH: All India Power Engineers Federation (AIPEF) has made an appeal to all political parties to include power sector reforms minus privatization in their manifestos for the next general elections. The process of reforms in the power sector must continue in consultation with all the stake holders including electricity board engineers, said V K Gupta Spokesperson AIPEF. AIPEF Federal...
NewsletterA A Share New Delhi: The Central Electricity Regulatory Commission (CERC) has announced new regulations that will govern trading of powerwith neighbouring countries. The new regulations have allowed cross border entities to trade on Indian Day Ahead Market on exchanges for the first time. Under the Cross Border Trade of Electricity Regulations 2019, sale and purcha...
The Appellate Tribunal for Electricity (APTEL) in a significant verdict has upheld an order of the Central Electricity Regulatory commission (CERC) rejecting an appeal by the power utility major, National Thermal Power Corporation (NTPC) to collect Rs 360 crore from Grid Corporation of Odisha (GRIDCO) towards the energy bills earlier illegally collected by NTPC. The issue relates to the declarati...