At Over ₹109 Billion in August, DISCOMs' Dues to Renewable Generators Keep Rising

At Over ₹109 Billion in August, DISCOMs’ Dues to Renewable Generators Keep Rising

Distribution companies (DISCOMs) across the country owed renewable generators ₹109.08 billion (~$1.49 billion) in overdue payments (excluding dues under disputes) spread across 497 invoices at the end of August, as ...
/ / Grid, Market & Policy
Ministry of Power Readies Framework to Privatize Distribution Licensees

Ministry of Power Readies Framework to Privatize Distribution Licensees

The Ministry of Power (MoP) has issued draft standard bidding documents to select bidders for acquiring a majority stake in distribution licensees for the distribution and retail sale of electricity ...
/ / Grid, Market & Policy
Telangana Opposes Proposed Amendments to the Electricity Act

Telangana Opposes Proposed Amendments to the Electricity Act

The Telangana State Legislative Assembly has accepted the state government's resolution opposing the central government's proposed amendments to the Electricity Act, 2003. In April 2020, the Ministry of Power (MoP) issued a ...
/ / Grid, Market & Policy
₹110 Billion Has Been Invested for Bihar’s Electrification in Recent Years: RK Singh

₹110 Billion Has Been Invested for Bihar’s Electrification in Recent Years: RK Singh

The Union Minister of Power and New & Renewable Energy, R.K. Singh, announced that the Ministry of Power (MoP) had invested ₹110 billion (~$ 1.5 billion) for electrification in Bihar ...
/ / Finance and M&A, Other
Gross Metering Proposed for Residential Rooftop Solar Systems of Above 5 kW Capacity

Gross Metering Proposed for Residential Rooftop Solar Systems of Above 5 kW Capacity

The Ministry of Power (MoP) has come out with draft electricity rules 2020 aimed at streamlining the process of supply of electricity to consumers by distribution licensees (DISCOMs). The rules ...
/ / Rooftop, Solar
Cabinet Approves Asset Monetization of Power Grid Corporation Through InvIT Model

Cabinet Approves Asset Monetization of Power Grid Corporation Through InvIT Model

The Ministry of Power (MoP) announced that the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the asset monetization of the Power Grid Corporation of ...
/ / Grid, Market & Policy
The Central Electricity Regulator Will Not Hear Any Petitions in September

The Central Electricity Regulator Will Not Hear Any Petitions in September

In a significant development, the Supreme Court of India has asked two Central Electricity Regulatory Commission (CERC) members to go on leave until the Commission appoints a member of law ...
/ / Grid, Market & Policy
EESL Invites Bids for 2.35 Million Smart Meters to be Installed Across India

EESL Invites Bids for 2.35 Million Smart Meters to be Installed Across India

The Energy Efficiency Services Limited (EESL) has invited bids for the supply of 2.35 million smart electricity meters based on 4G/3G/2G mode to be installed across India. The last date ...
/ / Markets & Policy, Solar
Ministry of Power Wants Late Payment Surcharge for DISCOMs to be Kept Below 12%

Ministry of Power Wants Late Payment Surcharge for DISCOMs to be Kept Below 12%

The Ministry of Power (MoP) has suggested that the power generation and transmission companies should reduce the late payment surcharge (LPS) up to 12% annually for distribution companies (DISCOMs). This ...
/ / Grid, Utilities
Power Finance Corporation Releases ₹306 Billion as Part of DISCOMs’ Liquidity Package

Power Finance Corporation Releases ₹306 Billion as Part of DISCOMs’ Liquidity Package

The Power Finance Corporation Limited (PFC) has approved ₹306.07 billion (~$4.09 billion) as of July 31, 2020, as part of the liquidity package announced by the government for eligible distribution ...
/ / Grid, Market & Policy
Renewable Projects Under Development During Lockdown Get Five-Month Extension

Renewable Projects Under Development During Lockdown Get Five-Month Extension

The Ministry of New and Renewable Energy (MNRE) has issued a notification saying that all under-development renewable projects as on the date of the lockdown would be given an extension ...
/ / Other, Renewable Energy
Power Transmission Projects Affected by COVID-19 Lockdown Get Five-Month Extension

Power Transmission Projects Affected by COVID-19 Lockdown Get Five-Month Extension

Considering the COVID-19 pandemic and the subsequent lockdown, the Ministry of Power (MoP) has decided to extend the scheduled commercial operation date (SCoD) of the interstate power transmission projects that ...
/ / Grid, T&D
Bidders from Neighboring Countries to Face Restrictions for Indian Government Tenders

Bidders from Neighboring Countries to Face Restrictions for Indian Government Tenders

The central government has amended the General Financial Rules 2017, which will allow it to impose restrictions on bidders from countries that share a land border with India. According to ...
Tamil Nadu CM Expresses Concern With the Proposed Amendments in Electricity Act

Tamil Nadu CM Expresses Concern With the Proposed Amendments in Electricity Act

In a letter to the Union Power Minister, R.K. Singh, the Chief Minister of Tamil Nadu, Edapaddi K Palaniswamy, has underlined several concerns relating to the proposed amendment to the ...
/ / Grid, Market & Policy
Solar Modules are Getting Cleared through Customs With Some Delays

Solar Modules are Getting Cleared through Customs With Some Delays

Following the escalated border tension between India and China, the security checks at the ports are going on in full swing. Imported equipment and parts are being checked for malware, ...
RK Singh Addresses Renewable Industry Stakeholders, Emphasizes on Self-Reliance

RK Singh Addresses Renewable Industry Stakeholders, Emphasizes on Self-Reliance

The Union Power Minister, RK Singh, recently interacted with developers of generation and transmission projects in the power and renewable sectors. The minister reiterated the need for ‘Aatmanirbhar Bharat’ to ...
To Promote Energy Efficiency, BEE Sets New Criteria for Star Rating of Fluorescent Lamps

To Promote Energy Efficiency, BEE Sets New Criteria for Star Rating of Fluorescent Lamps

The Ministry of Power, in consultation with the Bureau of Energy Efficiency (BEE), has amended the star rating criteria of tube lights to promote energy efficiency. The fluorescent lamps are ...
Prime Minister Stresses the Need to Boost Domestic Production of Solar Components

Prime Minister Stresses the Need to Boost Domestic Production of Solar Components

In a meeting with the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE), Prime Minister Narendra Modi highlighted the need for a more holistic approach ...
Government Asks PGCIL to Offer 20-25% Rebate to DISCOMs on ISTS Charges

Government Asks PGCIL to Offer 20-25% Rebate to DISCOMs on ISTS Charges

The Power Grid Corporation of India Limited (PGCIL), a state-owned power transmission company, recently received a letter from the Ministry of Power to consider offering a rebate of about 20-25% ...
India’s Energy Efficiency Initiatives Help Save Over ₹891 Billion in 2018-19_ BEE Report

India’s Energy Efficiency Initiatives Help Save Over ₹891 Billion in 2018-19: BEE Report

The implementation of several energy efficiency programs in India has led to electricity savings to the tune of 113.16 Billion Units (BUs) in 2018-19, which was 9.39% of the net ...
Prime Minister Modi Takes Stock of the Power Sector Amid COVID-19 Lockdown

Prime Minister Modi Takes Stock of the Power Sector Amid COVID-19 Lockdown

Prime Minister Narendra Modi recently held a meeting to take stock of the power sector amid the COVID-19 pandemic. In the meeting, the Prime Minister discussed various measures and long-term ...
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
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
DISCOMs Collect Power Bills Online But Refuse to Pay Power Generators Amid COVID-19

DISCOMs Collect Power Bills Online But Refuse to Pay Power Generators Amid COVID-19

The grave economic impact of the COVID-19 outbreak is being felt across all segments of the power sector, including renewable energy. To try and slow the spread of Coronavirus, a ...
Punjab Announces Curtailment of Renewable Power Until Coronavirus Outbreak Subsides

Punjab Announces Curtailment of Renewable Power Until Coronavirus Outbreak Subsides

The Punjab State Transmission Corporation Limited (PSTCL) has announced the curtailment of power under force majeure clause (outbreak of COVID-19) from the projects generating renewable energy until the pandemic lasts ...
Loading...