States Under UDAY Program Cut Down Financial Losses in 2017

States Under UDAY Program Cut Down Financial Losses in 2017

The Distribution Companies (DISCOMs) in states that joined the Ujwal DISCOM Assurance Yojana (UDAY) program have cut down their financial losses from ₹515.9 billion (~$8.14 billion) in the Financial Year ...
/ Grid, Utilities
Pavagada Solar Park Stands Tall Despite Delays and Hiccups

Karnataka’s Pavagada Solar Park Stands Tall Despite Delays and Hiccups

Following delays attributed to natural and man-made causes, officials now hope to have most of the capacity online this month In Karnataka’s Tumkur district stands an expansive solar park that ...
/ Solar, Utilities
DISCOM Load Shedding

India to Crack Down on DISCOM Load Shedding

In an effort to ensure reliable electricity services for all Indians, Power Minister Raj Kumar Singh announced a plan to penalize distribution companies (DISCOMs) if they indulge in “gratuitous load-shedding.” ...
/ Grid, Utilities
India Plans to Let Consumers Choose Their Power Service Providers

India Plans to Let Consumers Choose Their Power Service Providers

If all goes according to plan, consumers in India could soon be able to change power suppliers as easily as they switch between telecom service providers. According to a report ...
/ Grid, Utilities
Four States Join UDAY

Nagaland, Andaman & Nicobar Islands, Dadra & Nagar Haveli, and Daman & Diu Join UDAY Program

Twenty-Seven Indian states and four 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 ...
/ Grid, Utilities
CERC Releases Inter-State Transmission Connectivity Draft Regulations for Solar and Wind Projects

CERC Releases Inter-State Transmission Connectivity Draft Regulations for Solar and Wind Projects

The Central Electricity Regulatory Commission (CERC) has released draft regulations for granting Inter-State Transmission Connectivity to solar and wind projects. The proposal, entitled “Grant of Connectivity and General Network Access ...
/ Grid, Utilities
MERC Forecasting Scheduling Deviation Settlement

MERC to Come Out with Regulations for Forecasting and Deviation Settlement of Solar Generation

The Maharashtra Electricity Regulatory Commission (MERC) is preparing draft regulations for the forecasting, scheduling, and deviation settlement of solar and wind generation in the state. It noted that the process ...
/ Grid, Utilities
India’s Power Supply Deficit

India’s Power Supply Deficit Recorded at 0.7 Percent During Apr-Sep 2017

India recorded a power supply deficit of 0.7 percent during the six-month period between April to September 2017. Over 615,494 million units (MU) of electricity was supplied, 4,260 MU less than ...
/ Grid, Utilities
TPDDL and GIZ Sign MOU to Promote Renewable Energy

Tata Power Delhi Distribution Limited and GIZ Sign MOU to Promote Renewable Energy

Tata Power Delhi Distribution Limited (TPDDL), a power distribution company (DISCOM), and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have signed a memorandum of understanding (MoU) to explore possibilities for collaboration ...
/ Grid, Utilities
Transmission Network Components

ADB to Finance More Transmission Network Components with Co-Financing from AIIB

The Asian Development Bank (ADB) has increased its investment in Indian grid-infrastructure development by agreeing to fund additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank ...
/ Grid, Utilities
Indonesia ADB Loan Energy Sector

ADB to Provide $1.1 Billion Loan to Strengthen Indonesia’s Energy Sector

The Asian Development Bank (ADB) will provide $1.1 billion in loan to Indonesia to diversify and strengthen its energy sector. According to an ADB release, “The Board of Directors today ...
/ Grid, Utilities
REC Mahagenco 13K Loan

Rural Electrification Corporation Provides $2 Billion Loan to MAHAGENCO to Develop Thermal and Renewable Energy Projects

The Rural Electrification Corporation (REC), a public sector unit of the Government of India involved in financing all segments of power sector, has provided a ₹130 billion (~$2 billion) loan ...
/ Grid, Utilities
Solar and Wind Generators in Andrha Pradesh

Solar and Wind Generators to Pay Deviation Charges for Under Production in Andhra Pradesh

To facilitate large-scale grid integration of solar and wind power while maintaining grid stability, the Andhra Pradesh Electricity Regulatory Commission (APERC) has released new regulations for forecasting, scheduling, and deviation ...
/ Grid, Utilities
Telangana DISCOMs

Telangana DISCOMs Petition TSERC for Surcharge on Open Access Consumers for FY 2017-18

The Northern Power Distribution Company of Telangana (TSNPDCL) and Southern Power Distribution Company of Telangana (TSSPDCL) have petitioned the Telangana State Electricity Regulatory Commission (TSERC) to set an additional surcharge ...
/ Grid, Utilities
MERC Forecasting Scheduling Deviation Settlement

₹2.09 Trillion in DISCOM Debt Taken Over by States Under UDAY

States participating in the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) have taken over debt of ₹2.09 trillion (~$32.5 billion) from their DISCOMs. This is almost half of the ₹4.3 ...
/ Grid, Utilities
kamuthi solar project

TNERC Rejects Petition from the Adani Group

The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected petitions from three Adani subsidiaries regarding implementation of must-run status of solar projects in Tamil Nadu. Kamuthi Renewable Energy, Ramnad Solar ...
/ Grid, Utilities
Political Considerations at Play as 'DISCOM's Subsidy Dependence up by 7-8 Percent

Political Considerations at Play as ‘DISCOM’s Subsidy Dependence up by 7-8 Percent

The overall subsidy dependence of power distribution companies (DISCOMs) is estimated to increase by 7-8 percent to Rs.810 billion (~$12.53 billion) in the current financial year. The overall subsidy requirement ...
/ Grid, Utilities
grid

Power Grid Plans Capital Expenditure of Rs.250 Billion (~$3.87 Billion) for FY2017-18

The Power Grid Corporation (PGCIL), a state run transmission and distribution company, has planned a capital expenditure of Rs.250 billion (~$3.87 billion) for FY2017-18. The company has reported a 22 ...
/ Grid, Utilities
POWER

India Expects Power Surplus of 8.8 Percent and Peak Surplus of 6.8 Percent in FY2017-18

According to the Central Electricity Authority (CEA) 2017 Load Generation Balance Report, a study on the anticipated power supply position for financial year (FY) 2017-18, India is expecting a power ...
/ Grid, Utilities
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
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
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