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Lockdown to increase discoms' book losses to Rs 200 bn: ICRA

By : Sustainability ..., Apr 30, 2020

The nation wide lockdown to control Coronavirus outbreak is likely to increase the book loss level for the discoms at all India level by Rs 200 billion in FY2021 as it has adversely impacted the electricity demand and the average thermal PLF since March 24, 2020, credit...

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MNRE urges Haryana to honour signed green contracts

By : Sustainability ..., Apr 28, 2020

The Ministry of New and Renewable Energy has urged Haryana to honour signed renewable energy contracts and provide them the connectivity they need to start transmitting power. In the past few months, Haryana has been reluctant to give connectivity to 1000 MW of ‘open access’...

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Discoms to suffer Rs 30K cr revenue loss, face Rs 50K cr liquidity crunch due to lockdown: CII

By : Sustainability ..., Apr 20, 2020

Industry body CII on Friday said discoms are likely to suffer a net revenue loss of around Rs 30,000 crore and liquidity crunch of about Rs 50,000 crore due to the coronavirus-induced nationwide lockdown. According to government data, the discoms owe Rs 92,602 crore to Gencos...

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Subject Tags: CII , coronavirus , DISCOMS

Will mandates change fate of distributed renewables post COVID-19?

By : Sustainability ..., Apr 14, 2020

India’s renewable energy (RE) sector relies mostly on large-scale solar and wind installations. Distributed renewable energy (DRE), a part of the sector which includes solar rooftop, open-access solar and solar water pumps, is an already struggling sector. The sector's...

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Deemed usage charge for not honouring green PPAs

By : Sustainability ..., Apr 7, 2020

In a move aimed at providing relief to renewable energy producers, the government has said distribution companies that do not honour their power purchase agreements will be charged for 'deemed generation.' Discoms that curtail the use of renewable energy will have to pay...

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India’s power demand fell by 32000 MW within minutes on April 5

By : Sustainability ..., Apr 7, 2020

India witnessed a plunge in the demand of power last night when people illuminate diyas and candles, and shut the lights off after Prime Minister Narendra Modi advised them to do so. This has been confirmed by the power ministry. R.K Singh, Minister of State Power and New...

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COVID-19 and Indian PV: Energy demand plunge could indirectly boost C&I solar

By : Sustainability ..., Apr 3, 2020

The 20% reduction in energy demand seen in India due to the COVID-19 lockdown could draw out favourable conditions for solar firms working in the commercial and industrial (C&I) sector, according to a prominent Indian developer. Along with national energy demand...

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MNRE Asks States to not Halt Payments for RE Generators

By : Sustainability ..., Apr 3, 2020

The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis as was being done prior to the lockdown”. The MNRE on April 1, 2020, wrote to all states and electricity...

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Covid-19 lockdown: States stop renewable power purchase, hold back payments

By : Sustainability ..., Apr 2, 2020

Following the lockdown and fall in electricity demand, several states are now curtailing renewable power purchases and have also issued notices on non-payment to generators. These states have invoked Force Majeure clause in their power purchase agreements (PPA) with renewable...

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BSES Stops Distribution of Electricity Bills, Meter Reading Amid Coronavirus Outbreak

By : Sustainability ..., Mar 30, 2020

Bombay Suburban Electric Supply (BSES) power discoms BRPL and BYPL have stopped distribution of electricity bills and meter reading in view of the coronavirus outbreak, a company spokesperson said. The company is also sensitising its employees about ways to check the spread...

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