power

Mercom Exclusive: India Power Utilities Performance Ratings – Some Improve, Some Don’t

According to the latest “Integrated Rating for State Power Distribution Utilities” report by the Ministry of Power, the four Gujarat state power distribution utilities (DISCOMs) have emerged as top performers ...
/ / Grid, Utilities
ADB

NTPC Lists Second Masala Bond on the London Stock Exchange

The National Thermal Power Corporation (NTPC), has listed a second round of masala bonds on the London Stock Exchange (LSE). The company will use the proceeds to fund clean energy ...
/ / Grid, Utilities
Andhra Pradesh DISCOM’s

Andhra Pradesh DISCOM’s to Renegotiate Power Purchase Agreements

The Andhra Pradesh Southern Power Distribution Company (APSPDCL), a state distribution company, has decided to renegotiate power purchase agreements (PPAs) it had signed with wind project developers. The PPA's were ...
/ / Grid, Utilities
Power DISCOM Ratings

Power DISCOM Ratings – Gujarat Top, Tripura Last

According to the “Integrated Rating for State Power Distribution Utilities” conducted by the Ministry of Power, the four Gujarat state power distribution utilities (DISCOMs) have emerged as top performers for ...
/ / Grid, T&D
cash

Tata Power Achieves Complete Zero Cash Payables

Tata Power, an Indian power utility, announced that it has achieved complete zero cash payables. The company is working towards bringing down cash collections from its electricity customers with regulatory ...
/ / Grid, Utilities
Power Supply

India’s Power Supply Deficit Was 0.7 Percent in FY2016-17

India recorded a low power supply deficit of 0.7 percent in the financial year (FY) 2016-17. More than 1,134,631 million units of electricity were produced, which was 7,461 million units ...
/ / Grid, T&D
UDAY

Indian State of Mizoram Joins UDAY Program

Mizoram is the 27th Indian State to join the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program which was implemented by the government of India to assist in the financial ...
/ / Grid, Utilities
UDAY

States of Meghalaya, Tripura, Arunachal Pradesh and Kerala Join India’s UDAY

Twenty-six Indian states and union territories have so far joined the Ujwal DISCOM Assurance Yojana (UDAY) program which was implemented by the government of India to assist the financial turn ...
/ / Grid, Utilities
Solar tender

Mercom Exclusive: Payment Delays are Increasing Risk and Project Costs for Solar and Wind Projects in Many States

Payment delays by distribution companies (DISCOMs) continue to pose a challenge for the growing renewable energy sector in India as it tries to achieve 175 GW of renewable installations by ...
/ / Grid, Utilities
village light-up

12,364 Villages Electrified Under the DDUGJY Program

A total of 12,364 villages have been electrified under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) program as of February 28, 2017. A total of 6,088 villages are yet ...
/ / Grid, T&D
REC

Rural Electrification Corporation Powers 130 Million Rural Households

The Rural Electrification Corporation (REC) has electrified 13,04,63,046 rural households, so far. There were 17,75,90,317 unelectrified rural households, but the REC has achieved close to two-thirds of the target. About ...
/ / Grid, T&D
transmission project

Rs.72.68 Billion (~$1.09 Billion) Inter-Regional Power Transmission Project Approved

India’s transmission sector is getting some much needed funding in order to meet the country’s growing solar installations. Fifty-seven inter-regional power transmission projects have been approved under the Power System ...
/ / Grid, T&D
Power DISCOM Ratings

Rs.2.07 Trillion (~$30.99 Billion) of DISCOM Debt Restructured Under India’s UDAY Program Says Mr. Piyush Goyal

A total of ~Rs.2.07 trillion (~$30.99 billion) DISCOM debt has been restructured under the Ujwal DISCOM Assurance Yojana (UDAY) program in India. UDAY is a government program designed to facilitate ...
/ / Grid, Utilities
CERC Logo

CERC Changes Duration of Long-Term Access and Medium-Term Open Access for Power Projects

The Central Electricity Regulatory Commission (CERC) has released the sixth amendment CERC (Grant of Connectivity, Long-term Access and Medium-term Open Access in Inter-State Transmission and related matters) Regulations 2017. Under ...
/ / Grid, Utilities
ADB

Demonetization Helps DISCOMs Recover Close to Rs.28.75 Billion

The demonetization program has proved to be a positive for India’s power distribution companies (DISCOMs). The Power Finance Corporation (PFC) stated that DISCOMs across the country were paid a total ...
/ / Grid, Utilities
ADB

Mercom Exclusive: One Year After Launch, UDAY Yet to Make a Big Impact

Dismal DISCOM (distribution company) credit profiles due to high debt, heavy losses and poor operational efficiencies affects every aspect of the Indian power sector and is directly responsible for large ...
/ / Grid, Utilities
UDAY Sikkim

Sikkim Becomes 22nd UDAY Signatory

Benefits of ~Rs.2.07 Billion ($0.03101 Billion) to be Realized by the State Sikkim has become the 21st Indian state to join the Ujwal DISCOM (distribution company) Assurance Yojana program. Sikkim ...
/ / Grid, Utilities
PGCIL

PGCIL Wins Bid to Develop 765 kV Transmission Project to Strengthen Eastern Grid

The Power Grid Corporation of India (PGCIL) has won the bid to construct a 765 kV transmission project in India’s Eastern Region (ERSS-XVIII). They won the bid through competitive bidding ...
/ / Grid, T&D
REC Jharkhand

Rural Electrification Corporation Signs MoU Worth Rs.151.5 Billion (~$2.25 billion) in Jharkhand to Connect State to the Grid

The Rural Electrification Corporation (REC) has signed a memorandum of understanding (MoU) with the state government of Jharkhand worth Rs.151.5 billion (~$2.25 billion). An MoU was signed with Jharkhand Bijli ...
/ / Grid, T&D
Solar Tender

Another TANGEDCO Tender Sees Tepid Response: Bids for 300 MW Received on a 500 MW Tender

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO), which had tendered 500 MW of solar to meet its renewable purchase obligation (RPO), has received technical bids to develop 300 MW ...
/ / Grid, Utilities
GERC draft solar wind

GERC Issues Draft Regulations With Focus on Large-Scale Grid Integration of Solar and Wind for 2017

The Gujarat Electricity Regulatory Commission (GERC) has issued draft regulations for solar and wind power for 2017. The objective of these regulations is to facilitate large-scale grid integration of solar ...
/ / Grid, Utilities
Power lines

ABB to Construct 1,830 km Transmission Link for PGCIL

The Power Grid Corporation of India (PGCIL) has awarded a $640 million transmission project to ABB, a power and automation technology group. The project involves developing an ultra-high-voltage direct current ...
/ / Grid, T&D
Tamil Nadu Becomes 21st Indian State to Join UDAY

Tamil Nadu Becomes 21st Indian State to Join UDAY

Tamil Nadu has become the 21st state in India to join the Ujwal DISCOM Assurance Yojana (UDAY), a government program designed to facilitate financial turnaround of DISCOMs (distribution company). Tamil Nadu ...
/ / Grid, Utilities
Can Green Energy Transmission Corridor Development Keep Up with Rapid Renewable Energy Growth in India

Can Green Energy Transmission Corridor Development Keep Up with Rapid Renewable Energy Growth in India?

Recognizing the need for transmission infrastructure to cope with increasing renewable energy capacity, India is developing the Green Energy Corridor (GEC), a transmission network to connect renewable energy rich states ...
/ / Grid, T&D
Tamil Nadu to Become 21st UDAY Signatory

Breaking: Tamil Nadu to Become 21st UDAY Signatory

Tamil Nadu is finally expected to join Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program on Monday, according to sources. The state will become the 21st member state to join ...
/ / Grid, Utilities