DISCOMs AT&C Losses Decline to 17% in FY22 Due to Tough Reforms
The Aggregate Technical and Commercial (AT&C) losses of distribution companies (DISCOMs) declined significantly to ~17% in the financial year (FY) 2021-22 from 22.32% in FY 2020-21, according to the recent ...
US Announces $350 Million for Long-Duration Energy Storage Demonstration Projects
The Biden-Harris Administration has announced a $350 million fund for Long-Duration Energy Storage (LDES) demonstration projects. These storage projects are built to deliver electricity for up to 10 to 24 ...
Gap Between DISCOMs’ Cost of Supply and Revenue Increases to ₹0.95/kWh in FY21
The Average Cost of Supply (ACS) for distribution companies (DISCOMS) increased from ₹6.14 (~$0.074)/kWh in financial year (FY) 2019-20 to ₹6.19 (~$0.074)/kWh in FY 2020-21. The Average Revenue Realized (ARR) ...
217,000 Solar Mini Grids Needed by 2030 to Provide Power to Half a Billion People
The world will require over 217,000 solar mini grids at a cumulative cost of $127 billion by 2030 to provide power to half a billion people globally, a report by ...
$26 Million for Projects Demonstrating Grid Reliability With Clean Energy Integration
The U.S. Department of Energy (DOE) has announced $26 million to fund projects demonstrating that America's electricity grid can reliably run with a mix of solar, wind, energy storage, and ...
State Transmission Utility to Compensate Solar Project Developer for Generation Losses
The Karnataka Electricity Regulatory Commission (KERC) has directed Karnataka Power Transmission Corporation (KPTCL) to compensate a solar project developer for generation losses. KPTCL is directed to pay compensation at ₹4.43 ...
Andhra Pradesh DISCOM Experiences Steepest Rating Decline in FY 2020
The Ministry of Power released its ninth annual integrated ratings for the state distribution companies (DISCOMs) for the financial year (FY) 2020. Overall, 16 DISCOMs (out of 41) registered improvements ...
PGCIL Gets Board Approval to Invest ₹22.20 Billion in Power Transmission Network
Power Grid Corporation of India Limited (PGCIL) noted that on May 21, 2021, its Board has approved an investment to the tune of ~₹22.20 billion (~$301.48 million) for commissioning various ...
Tender to Procure Renewable Energy to Charge a Battery Energy Storage System
The Karnataka Renewable Energy Development Ltd (KREDL) has issued an expression of interest (EOI) inviting renewable energy project developers to sell energy (27-30 MWh/day) for seven years. The energy will ...
Sterlite Power and Smart Wires Introduce Technology to Enhance Grid Efficiency
Sterlite Power, a global developer in power transmission, has signed an agreement with U.S.-based Smart Wires to introduce technology for the electric market in India for grid management. The technology ...
Power Grid to Invest ₹25.8B To Build Transmission System in Rajasthan’s Solar Zone
The state-run Power Grid Corporation of India Limited (PGCIL) has approved ₹25.8 billion (~$358 million) to develop a transmission system for solar energy zones in Rajasthan. The transmission network has ...
Rajasthan to Levy Additional Charges for Sustained Deviation in Scheduling of Power
The Rajasthan Electricity Regulatory Commission (RERC) has issued a methodology for sign change and additional charges for its violation under the Deviation Settlement Mechanism (DSM). According to the commission, if there ...
PGCIL Proposes Blueprint for Solar and Wind Power Evacuation from Western Region
The Power Grid Corporation of India Limited (PGCIL) has come up with a detailed proposal for establishing a transmission system for the evacuation of power from potential solar and wind ...
India Needs to Spend $39 Billion on Transmission Infrastructure Revamp
India is one of the fastest growing economies in the world with increasing power demand in the coming years. Historically, the country has also been a power deficit with millions ...
NATIS Issues Tender for EV Testing Infrastructure at Manesar, Chennai, and Indore
NATRIP Implementation Society (NATIS) has issued a tender for setting up testing infrastructure for electric vehicles at three locations. NATIS is an autonomous body constituted by the Ministry of Heavy ...
Delhi’s Power Development Fund to Finance Transmission Systems That Ease Congestion
Transmission systems aimed at easing congestion in intra-state transmission systems can now receive funding from the Power System Development Fund (PSDF) of Delhi, according to a newly released Delhi Electricity ...
Telangana Sets the Pooled Cost of Power Purchase for FY 2018-19 at ₹4.1/kWh
The Telangana State Electricity Regulatory Commission (TSERC) has passed an order stating that the pooled cost of power purchase in FY 2017-18 would be considered again for FY 2018-19 at ₹4.097/kWh (~$0.058/kWh) ...
Power Generators Can Terminate PPA if DISCOM Defaults on Payment: Committee Proposal
The Government of India constituted a High Level Empowered Committee (HLEC) on July 29, 2018 chaired by the Cabinet Secretary to address the issues of stressed thermal power projects. Country’s apex ...
World Bank Offers $310 Million Loan to Reform Jharkhand’s Power Transmission System
Helping another Indian state in turning around the face of its energy infrastructure, the World Bank has now come forward with a $310 million loan assistance for Jharkhand. The agreement, ...
CERC Issues Regulations for Seamless Implementation of ISTS Across the Country
The Central Electricity Regulatory Commission (CERC) has published regulations for ISTS (Inter-State Transmission System) implementation in the official gazette. These regulations have been in force since July 23, 2018. The ...
JERC Issues 2018 Electricity Supply Code Regulations
The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued Electricity Supply Code Regulations for 2018, detailing the obligations of distribution licensees (DISCOMs) and ...
JERC Issues Regulations for Distribution Licensees in Goa and Union Territories
The Joint Electricity Regulatory Commission (JERC) has issued a set of regulations dealing with power generation, transmission and distribution for the state of Goa and union territories with the exception ...
Power Grid to Plan Evacuation Infrastructure for 50 GW Solar and 16.5 GW Wind by 2021
For better implementation of renewable energy projects, especially wind and solar, the Solar Energy Corporation of India (SECI) has written to the Power Grid Corporation of India Limited (PGCIL), the ...
Government Working on Grid Strengthening and Preventing Future Grid Disturbances
The Government of India wants to ensure 24x7 affordable and quality power for all. Though this is an important target, the power grids across the country have historically been struggling ...
Lack of Transmission Capacity a Growing Concern for Solar and Wind Companies
With more than 66 GW of renewable energy capacity connected to India’s national grid, the country’s renewable industry continues to grow at a fast pace but the transmission infrastructure needed ...
