India Likely to Have 300 GW of Solar and 140 GW of Wind Capacity by 2030: CEA
With its focus on India’s aim to achieve 40% non-fossil fuel generation capacity in the country’s power generation mix by 2030, the Central Electricity Authority (CEA) has released a draft report on ...
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019
In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise. In April ...
Himachal Pradesh Prepares to Amend Deviation Settlement Mechanism Regulations
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments to its regulation on deviation settlement mechanism. The amendments have been proposed in line with the Central Electricity Regulatory ...
Spot Power Price Hovers at ₹3.22/kWh in April 2019, a 19% Dip YoY
The peak power demand in the country touched an all-time high of 176.8 GW in April 2019. According to the Indian Energy Exchange (IEX), the all India peak demand touched ...
Spot Power Price Dips to ₹3.08/kWh in February 2019, a 4% Decline YoY
For the second month in a row, the peak power demand in India stood at 162 GW. According to the Indian Energy Exchange (IEX), the all India peak demand touched ...
Power Demand Increases, Spot Power Price Up 10% YoY in December 2018
Spot power price in India declined to ₹3.30 (~$0.04766)/kWh in December 2018, an eight percent decline month-over-month (MOM). However, the spot price increased by 10 percent year-over-year (YoY). “Compared to ...
PM Modi’s SAUBHAGYA Program Misses its December 2018 Deadline
The NDA government, led by Prime Minister Narendra Modi, launched SAUBHAGYA, a program aimed at achieving universal electrification in September 2017. The program has missed its December 2018 deadline by ...
After Soaring High in October, Spot Power Price Dips to ₹3.59/kWh in November 2018
In the month of November 2018, the spot power price declined to ₹3.59 ($0.05)/kWh after soaring high in the past few months. The price of ₹3.59 ($0.05)/kWh is 1 percent ...
Spot Power Price Continued to Soar in October 2018 at ₹5.94/kWh
Maintaining its upward trend, India’s spot power prices soared in the month of October. This was the second month in a row which saw a reversal in the prevalent trend ...
MAHAGENCO Gets Electricity Trading License from MERC
The Maharashtra Electricity Regulatory Commission (MERC) has awarded electricity trading license to Maharashtra State Power Generation Company Limited (MAHAGENCO). With this grant of license, MAHAGENCO can now participate in the ...
Spot Power Price Declines to ₹3.34/kWh in August 2018
The slump in spot power price continued in August 2018. In August , the recorded spot power price was ₹3.34 (~$)/kWh which was still higher than recent tariffs quoted in solar and ...
India-Nepal Electricity Trade to Grow with the Commissioning of 220 kV Dhalkebar Substation
India and Nepal have strengthened their electricity trade with the commissioning of the high-voltage Dhalkebar substation in southern Nepal. This is part of a World Bank-supported Nepal-India Electricity Transmission and ...
Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs
The spot power price has continued its slump into yet another month. In July 2018, the recorded spot power price was ₹3.46 (~$0.0505)/kWh but was still higher than recent tariffs ...
India’s Peak Power Supply Deficit Dipped to 0.7% in Q1 FY 2018-19
During the first quarter (Q1) of financial year (FY) 2018-19, India’s power supply deficit declined to 0.6 percent, according to the Central Electricity Authority (CEA). During the three-month period of ...
There is Adequate Connectivity to Meet Transmission Requirements: R.K. Singh
The connectivity between the southern grid and the power grids of other regions are adequate to meet the power transmission requirements between Tamil Nadu and other states, according to the ...
Spot Power Price Spikes to ₹4.67/kWh in May 2018
In May 2018, spot power price spiked to ₹4.67 (~$0.0695)/kWh. May’s spot power price was ₹1.76 (~$0.0262)/kWh higher than the spot price recorded in May 2017, registering an increase of ...
Spot Power Price Rose to ₹4.02/kWh in March 2018
The average spot power price recorded in March 2018 shot up by approximately 57 percent when compared to the price recorded in the same month last year. The increase in ...
Peak Power Supply Deficit Rose to 2% Across India During FY 2017-18
India’s power supply deficit held steady at 0.7 percent during financial year (FY) 2017-18, coming in roughly unchanged from the figures reported during financial year FY 2016-17. During 2017-18, 1,203,567 ...