Electricity (Amendment) Bill 2018 will bring competition and choice for the final consumer, claims the government but practically this is going to further divide the unbundled electricity industry into numerous fragments making the way for private companies to cherry pick the profitable areas and consumers. The state sector incumbent power distribution  companies will be left with the obligation of ser...

Prime Minister Narendra Modi’s decision, announced out of the blue in Paris on April 10, 2015, to buy 36 Rafale fighter jets from France instead of the 126 asked for by the Indian Air Force for seven squadrons pushed the price of each fully fitted, combat-ready aircraft up by 41.42%. It was the National Democratic Alliance government’s acceptance of the cost of €1.3 billion claimed for the ...

NEW DELHI: Upcoming, coal-fired and hydropower stations and transmission lines will have to purchase equipment locally, as per new guidelines issued by the central government.  The norms, published on the power ministry’s website on Tuesday, will apply to power plants and transmission lines being set up by government-owned firms as well as private projects being funded by state-run Power Finance Corp an...

The government is likely to launch a fresh round of auction of power purchase contracts while also allowing escalation and fixed charges to power companies in a bid to alleviate stress in the sector. Ahead of polls and setting in of summer demand, the auctions will help stranded and underutilised power plants sign agreements with state distribution utilities for three years. There ...

mid stress in the power sector, woes of electricity generating firms have increased further as their outstanding dues on state distribution companies (discoms) rose to Rs 39,498 crore in October 2018, up 24.7 per cent from a year-ago levels, official data showed. "If the outstanding dues on discoms of the past 60 days get added, the figures would rise to over Rs 50,000 crore," a s...

States' electricity discoms are set to miss their target of paring down aggregate technical and commercial (AT&C) losses to 15 percent by the end of the current fiscal under the government's flagship scheme Ujwal Discom Assurance Yojana (UDAY). The government had launched the scheme in November 2015 with an objective of financial turnaround of the state power distribution corporations (discom...

No.02 - 2019 / Work Boycott                11 - 01 - 2019   ALL OFFICE BEARERS - A I P E F CHAIRMAN / SECRETARY GENERAL - SIPEF / WIPEF / EIPEF / NIPEF PRESIDENT / GENERAL SECRETARY - ALL AIPEF CONSTITUENTS   Sub: Congratulations - Successful Work Boycott on 08 & 09 January     AIPEF congratulates and salutes all power engine...

ith the chances of meeting the UDAY target to limit the aggregate technical and commercial (AT&C) losses of electricity distribution companies (discoms) to under 15% by FY19-end virtually nil, the government has cited factors such as inadequate hikes in power tariffs, incremental rise in ‘open access’ transactions and outstanding dues accumulating from state government departments as ...

  The resolution plan for the seven stressed power projects are being finalized under Samadhan scheme. Among the seven, Jaiprakash Power Ventures has the highest depbt of ?19,958 crore. Graphic: Mint Mumbai: Lenders to seven troubled power projects are close to resolving loans totalling over ?74,000 crore outside the bankruptcy framework, including by selling three of the com...

Power engineers participated in the nationwide strike as they boycotted the work on Tuesday to protest against the Electricity (Amendment) Bill 2018 and privatisation policies of the governments. Shaliender Dubey, chairman of the All India Power Engineers Federation (AIPEF), said power sector employees would proceed on indefinite strike without any notice in case the Bill was passed without addressing their concerns ...