India to achieve 100 per cent household electrification by March 31: Power Minister RK Singh Feb 26, 2019

Under the Saubhagya scheme, 2,52,51,880 unelectrified households were to be electrified by March 31. Rajasthan and Chhattisgarh are in the process of energising the remaining 22,691 families left out. The government had provided Rs 16,320 crore for the  ...

The Modi Years: Do more Indians have access to electricity Mon, Feb 25, 2019

The Modi Years: Do more Indians have access to electricity? Scroll.in 2.84 crore homes connected to the electricity grid through the Saubhagya scheme The government claims 25 states have electrified all households But the 100% electrification claims are based on slashed targets Basic infrastructure for all Indians was a key promise of the Modi gover...

Madhya Pradesh: Govt removes cap of 100 units for power subsidy February 24, 2019,

BHOPAL: Only 1.46 lakh or barely 2.3% of the 62 lakh ‘poor’ powerconsumers ‘consume’ about 30% of the subsidy of Rs 150 crore given by government under flat power bill scheme every month. They will now continue to do so: courtesy government’s U-turn on its decision to cap 100 units electricity consumption for subsidy. In a U-turn on Friday, the state government declared that the ...

Power sector reforms must continue: AIPEF February 20, 2019

CHANDIGARH: The process of reforms in the power sector must continue in consultation with all the stake holders including electricity board engineers and employees though the Electricity (Amendment) Bill 2014 is set to lapse on June 3 when the term of the present Lok Sabha ends, said V K Gupta Spokesperson All India power Engineers Federation. Electricity (Amendment) Bill 2014 was tabled in Lok Sabha on 19th ...

Maharashtra solar auction winning tariffs remain unchanged at Rs 2.74 per unit Feb 20, 2019

BENGALURU: Tariffs in Maharashtra's latest solar auctionfor 1,000 MW, held on Monday, remained almost unchanged from the last one conducted eight months ago, with mostly domestic developers participating. Shiv Solar and Acme Solar won 50MW and 300MW respectively at the lowest winning tariff of Rs 2.74 per unit, while ReNew Power and Avaada Energy won 300MW and 350MW at Rs 2.7...

Power policy needs a comprehensive review Feb 19, 2019

The Supreme Court has before it petitions moved by many private thermal power companies against the Reserve Bank of India’s direction to banks to initiate insolvency proceedings against loan defaulters. The power companies argue that their under performance is due to systemic issues; whereas the RBI’s argument is that the banking regulator cannot discriminate between sectors when de...

Power Grid's K Sreekant gets additional charge as NTPC Director Finance Feb 19,2019

New Delhi: State-run utility PowerGrid Corporation's Director Finance K Sreekant has been given additional charge as Director Finance of NTPC for a period of six months from February 12.  "Ministry of Power on February 13, 2019, has assigned additional charge to the post of Director (Finance), NTPC Limited to K Sreekant, Director (Finance), Power Grid Corporati...

Punjab to lose 16% revenue receipts to free power Feb 19, 2019

CHANDIGARH : The state government will lose 16% of its t otal revenue receipts in the coming financial year (2019-20) to fund state’s populist policy of giving free power to consumers from different sections, mainly farm sector. In Monday’s budget statement by finance minister Manpreet Singh Badal, a whopping ?12,398 crore has been allocated for free power, of which ?8,969 crore will go to the agric...

Power shortages likely during polls as discoms miss payments Feb 18, 2019

New Delhi: India may be heading for power shortages during summerwhen the country will go to the polls as private producers have not been paid Rs 14,600 crore by state utilities which has created a shortage of funds, particularly for coal and rail transportation which requires advance payments. Private producers have asked the government to intervene and make state utilities pay up so that they...

AP power discoms want regulator to cut wind power tariff in existing PPAs Feb 18,2019

Despite being signatories, Andhra Pradesh power utilities have challenged the PPAs of wind power developers in a bid to reduce the agreed preferential tariff in the light of lower prices being quoted by some of these and other developers for the projects awarded through open bidding route in the country. The Southern Power Distribution Company of Andhra Pradesh Limited and the Eastern Power Dis...