West Bengal Reduces Late Payment Surcharge to 1% Per Month Amid COVID-19 Lockdown

West Bengal Reduces Late Payment Surcharge to 1% Per Month Amid COVID-19 Lockdown

Considering the ongoing economic disruption caused amid the Coronavirus pandemic, the West Bengal Electricity Regulatory Commission (WBERC) has issued an order for the late payment surcharge (LPS) to be charged ...
/ / Grid, Other
Punjab DISCOM Receives ₹350 million In Advance Payment Against Power Bills

Punjab DISCOM Receives ₹350 Million in Advance Payment Against Power Bills

The Punjab State Power Corporation Limited (PSPCL) has introduced an innovative plan calling on all its consumers to make payment in advance towards their estimated electricity bills up to March ...
/ / Grid, Utilities
Electricity Act Amendment Draft Addresses Strict Enforcement of Contracts, RPO

Electricity Act Amendment Draft Addresses Strict Enforcement of Contracts, RPO

The Ministry of Power (MoP) has issued a draft proposal for the amendment of the Electricity Act 2003 to address contract enforcement, among other vital issues. The Ministry has invited ...
/ / Grid, Market & Policy
MNRE Directs Three States to Allow Rollover of Banked Energy Amid COVID-19 Lockdown

MNRE Directs Three States to Allow Rollover of Banked Energy Amid COVID-19 Lockdown

The Ministry of New and Renewable Energy (MNRE) has issued an advisory saying that the power energy departments and distribution companies (DISCOMs) in three states should consider permitting rollover of ...
/ / Grid, Market & Policy
Singapore’s Sembcorp Launches REC Trading Platform

Singapore’s Sembcorp Launches REC Trading Platform

Sembcorp Industries, a Singapore-based renewable energy company, has launched a renewable energy certificate (REC) trading platform that manages RECs from multiple sources. RECs are tradable renewable assets that can be ...
/ / Grid, Other
BYD and Toyota Join Hands to Design, Develop Battery-Run Electric Vehicles

BYD and Toyota Join Hands to Design, Develop Battery-Run Electric Vehicles

China-based BYD Company Ltd (BYD) and Toyota Motor Corporation have announced that the operation of their new company will be launched in 2020. The name of the new company will ...
/ / Electric Vehicles, Grid
Amid Lockdown, Goa and Union Territories Reduce Late Payment Surcharge to 1% Per Month

Amid Lockdown, Goa and Union Territories Reduce Late Payment Surcharge to 1% Per Month

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories (UTs) has reduced the late payment surcharge (LPS) from 2% to 1% per month. The Commission ...
/ / Grid, Market & Policy
Amid COVID-19 Outbreak, Delhi Announces Rebates for Electricity Consumers

Amid COVID-19 Outbreak, Delhi Announces Rebates for Electricity Consumers

Considering the Coronavirus (COVID-19) outbreak and the repercussions it has had on several services, including power supply, the Delhi Electricity Regulatory Commission (DERC) has announced rebates and incentives on power ...
/ / Grid, Utilities
Punjab Decides to Reduce Late Payment Surcharge for DISCOMs to 6% Per Annum

Punjab Decides to Reduce Late Payment Surcharge for DISCOMs to 6% Per Annum

Due to the ongoing lockdown as a result of the Coronavirus (COVID-19) outbreak, the Punjab State Electricity Regulatory Commission (PSERC) has provisionally reduced the rate of late payment surcharge (LPS) ...
/ / Grid, Market & Policy
New Cathode Material Based on Titanium Fluoride Phosphate for Metal-Ion Batteries

New Cathode Material Based on Titanium Fluoride Phosphate for Metal-Ion Batteries

Researchers from the Skoltech Center for Energy Science and Technology (CEST) have designed a new cathode material based on titanium fluoride phosphate, which is stated to be stable and has ...
/ / Electric Vehicles, Grid
REC Incorporates Seven SPVs for Developing Transmission Network for Solar Projects

REC Incorporates Seven SPVs for Developing Transmission Network for Solar Projects

REC Limited, a public infrastructure finance company in India’s power sector, announced that its board of directors had approved a proposal to incorporate seven project-specific special purpose vehicles (SPVs) as ...
/ / Grid, Other
AfDB Approves $830,000 to Set Up Green Mini-Grids in the Republic of Guinea

AfDB Approves $830,000 to Set Up Green Mini-Grids in the Republic of Guinea

The African Development Bank (AfDB) announced that it had approved a grant of $830,000 (~₹62.95 million) to the Guinean Agency for Rural Electrification (AGER) to help it set up green ...
Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh

Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh

To tackle the unprecedented challenges posed by the outbreak of Coronavirus, the Madhya Pradesh Electricity Regulatory Commission (MPERC) has reduced the rate of current late payment surcharge (LPS) to be ...
/ / Grid, Utilities
Maharashtra Open Access Consumers to Pay Additional Surcharge of ₹1.31_kWh for FY 2021

Maharashtra Open Access Consumers to Pay Additional Surcharge of ₹1.31/kWh for FY 2021

The Maharashtra Electricity Regulatory Commission (MERC) has announced various charges payable by open access consumers for the financial year 2020-21 to 2024-25. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has ...
/ / Grid, Market & Policy
DISCOMs’ Obligation to Pay for Power Within 45 Days of Raising Letter of Credit Remains

DISCOMs’ Obligation to Pay for Power Within 45 Days of Raising Letter of Credit Remains

The Ministry of Power (MoP) has issued a clarification regarding letters of credit (LoC) to be given by distribution companies (DISCOMs). It stated that DISCOMs are expected to deposit LoCs for ...
CERC_ DISCOMs to Pay Reduced Late Payment Surcharge Amid COVID-19 Outbreak

CERC: DISCOMs to Pay Reduced Late Payment Surcharge Amid COVID-19 Outbreak

Given the ongoing lockdown in the country caused by Coronavirus (COVID-19), the Central Electricity of Regulatory Commission (CERC) has reduced the rate for late payment surcharge (LPS) payable by distribution ...
/ / Grid, Market & Policy
CERC Defers Real-Time Power Market Implementation to June 2020 Amid COVID-19 Lockdown

CERC Defers Real-Time Power Market Implementation to June 2020 Amid COVID-19 Lockdown

Amid the Coronavirus (COVID-19) outbreak in India, the Central Electricity Regulatory Commission (CERC) has decided to defer implementing the real-time power market (RPM) until June 1, 2020. In January 2020, ...
/ / Grid, Market & Policy
Andhra DISCOM Invokes Force Majeure Due to Cash Crunch During Coronavirus Pandemic

Andhra DISCOM Invokes Force Majeure Due to Cash Crunch During Coronavirus Pandemic

The Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) is the latest addition to the group of power distribution companies (DISCOMs) seeking refuge under the force majeure clause following the ...
/ / Grid, Utilities
Punjab Claims it is Curtailing Power Under Force Majeure Due to Coronavirus Outbreak

Punjab Claims it is Curtailing Power Under Force Majeure Due to Coronavirus Outbreak

The Punjab State Power Corporation Limited (PSPCL) has issued a ‘force majeure’ notice stating that it has been forced to curtail power purchase and generation due to the ongoing nationwide ...
Madhya Pradesh Asks Ministry of Power Not to Take Action for Payment Delays

Madhya Pradesh Asks Ministry of Power Not to Take Action for Payment Delays

The Coronavirus outbreak has created an unprecedented situation with the country in a state of complete lockdown declared by the National Disaster Management Authority (NDMA) from March 24, 2020, to ...
/ / Grid, Market & Policy
SECI Says UP DISCOMs Can't Claim Force Majeure Amid COVID-19 for Insufficient Funds

SECI Says UP DISCOMs Can’t Claim Force Majeure Amid COVID-19 for Insufficient Funds

The Solar Energy Corporation of India (SECI) issued a letter to the Uttar Pradesh Power Corporation Limited (UPPCL) stating that its claim of 'force majeure' for its inability to pay ...
CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force ...
/ / Grid, Utilities
Sterlite to Begin Green Corridor Transmission Project in Gujarat to Evacuate Wind Energy

Sterlite to Begin Green Corridor Transmission Project in Gujarat to Evacuate Wind Energy

Sterlite Power, a global power transmission developer, has announced that it will join hands with GE T&D India Limited, Unitech Power Transmission Limited (UPTL), Tata Projects Limited (TPL), and Associate ...
/ / Grid, T&D
DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

Amid the growing fear of the spread of Coronavirus and the lockdown imposed by the country to stop the spread of COVID-19, the workforce of the power sector, including the ...
/ / Grid, Market & Policy
COVID-19 Forces CERC to Postpone Implementation of Amended DSM Regulations

COVID-19 Forces CERC to Postpone Implementation of Amended DSM Regulations

The Central Electricity Regulatory Commission (CERC) has rescheduled implementing the fifth amendment of deviation settlement regulations from April 1, 2020, to June 1, 2020. The present regulations (Regulation 7) will ...
/ / Grid, Market & Policy