With the all three independent power producers (IPPs) in Punjab firing up all of their thermal units, the power situation in the state has further improved enabling the Punjab State Power Corporation Limited (PSPCL) to go in for banking arrangement while shutting down state-owned thermal units. As on Monday, the state power demand was hovering around 5,600 to 6,000 MW which was being ...
The power sector is one of the most mismanaged and convoluted in India; Arvind put some effort into finding a solution for its ills. For decades, state electricity boards underinvested, and there was persistent shortage of power. Those days are over; captive power generation by industry and entry of private power producers have more or less eliminated capacity shortage. But the cost and qu...
Prime Minister Narendra Modi’s government missed a self-imposed target to electrify every home, delaying the success of a marquee $2.3 billion development goal that his party plans to showcase before national elections early this year. After bringing electricity connections to 23.9 million households across 25 states, about 1.05 million homes in four states still lack power, ...
The Central Electricity Regulatory Commission (CERC) has put out draft tariff norms for the next five years for all conventional power plants (coal, lignite, gas-based and hydel units) that appear to be fairly forward-looking. The recovery of fixed (read: capital) costs would be on a quarterly basis, instead of annually earlier, which should reduce the financial burden on&nbs...
The government has removed restrictive riders which discouraged neighbouring countries to buy power from India’s spot power markets. Also, it barred plants with Coal India fuel linkage or captive mines from selling power outside India, a move that could help imported coal-based units in the private sector to have a larger pie of the markets in neighbouring countries. Industry representati...
After farm loan waiverand hike in MSP, the Bhupesh Baghel government has started procedure to slash domestic electricity bills by half in Chhattisgarh. The residents are likely to get benefits to the reduction in powertariff before Lok Sabha elections, said a source. The Chhattisgarh State Power Distribution Company (CSPDCL) has already sent a proposal to Chhattisga...
RUPNAGAR:Punjab State Electricity Board (PSEB) Engineers’ Association has decided to hold zonal level protest rallies on January 8 and 9 against the proposed Electricity (Amendment) Bill, 2018. General secretary Devinder Goyal said that national coordination committee of electricity employees and engineers (NCCOEEE) had opposed the bill in its present form and suggested certain changes in the draft but the c...
Fresh capacity addition in thermal and hydro power plunged 69 per cent in the April-November period of this fiscal, as green energy gained momentum. Data by the Central Electricity Authority (CEA) shows only 1,330 Mw in thermal power was added as against 4,300 Mw a year ago, a fall of 69 per cent. New capacity creation in hydro power recorded a marked dip of 70 pe...
The Punjab State Power Corporation Limited (PSPCL) has asked the state government to reject Tata Power’s proposal to revise the power purchase agreement (PPA) for its Mundra project. Tata Power supplies 475 megawatt (MW) electricity to Punjab and 380MW to neighbouring Haryana daily from its Mundra Ultra Mega Power Plant in Gujarat. Citing a recent Supreme Court order, Tata Power had...
The National Coordination Committee of Electricity Employees and Engineers (NCCOEEE) working in power utilities of various states in the country has shot a letter to Punjab Power Minister Gurpreet Singh Kangar, claiming to proceed on two-day strike. The National Coordination Committee of Electricity Employees and Engineers has opposed the Electricity (Amendment) Bill, 2018, in its present form and suggested ...