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Renewable energy certificate sales down 10 per cent to 5.04 lakh in DecemberBy : Sustainability ..., Dec 30, 2019
Sales of renewable energy certificates fell around 10 per cent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two... Read more.. |
UDAY scheme loses power, sharp spike in discom lossesBy : Sustainability ..., Dec 23, 2019
Four years after it was launched, UDAY — the NDA government’s “path breaking reform” to revive electricity distribution companies (discoms) — is unravelling. ... Read more.. |
Rajasthan: Discoms trip on payment to solar firms raises NPA fearsBy : Sustainability ..., Dec 9, 2019
Now, the government’s payment crisis has hit the solar sector with the small power developers in the state staring at a prospect of their loans turning NPAs. The discoms have not paid the dues for the past one year running into an estimated Rs 250-300 crore. The non-payment... Read more.. |
Andhra govt yet to reach a deal on green energy contractsBy : Sustainability ..., Dec 9, 2019
The hard-found compromise reached last month to end the impasse over Andhra Pradesh’s decision to relook at renewable energy contracts has floundered, said several Union and state government officials. The government led by chief minister Y.S. Jagan Mohan Reddy has upped the... Read more.. |
Govt plans to bail out clean energy firmsBy : Sustainability ..., Dec 4, 2019
The Centre is considering offering state governments concessional loans from public sector lenders Power Finance Corp. (PFC), Rural Electrification Corp. Ltd (REC) and Indian Renewable Energy Development Agency (IREDA) to help power distribution companies clear green energy... Read more.. |
Rajasthan: New solar power scheme to light up lives of rural farmersBy : Sustainability ..., Dec 3, 2019
A solar power scheme to generate income for farmers from their infertile land was launched last week. The proposal floated on Saturday requesting applications for setting up plants with capacity ranging from 0.5 to 2 megawatt would also benefit the discoms, and fulfil a long-... Read more.. Subject Tags: DISCOMS , Distributed Renewable Energy (DRE) , KUSUM Scheme , solar plant , solar tariff |
Centre, Andhra reach a compromise on green contractsBy : Sustainability ..., Nov 29, 2019
The Centre and Andhra Pradesh have reached a compromise to end the impasse over the Y.S. Jagan Mohan Reddy-led government’s controversial decision to reopen renewable energy contracts inked by the previous state government. The compromise was struck during a meeting attended... Read more.. Subject Tags: Andhra Pradesh Government , debt , DISCOMS , electricity dues , power purchase agreements , renewable energy tariff |
India moving towards hybridised power utilities to achieve rural growthBy : Sustainability ..., Nov 28, 2019
India's state-run power utilities or DISCOMs are badly in debt despite repeated bail-outs, and are failing in their mandate to deliver reliable, quality power to homes and businesses. However, a new trend is emerging that has the potential to address these challenges. The... Read more.. Subject Tags: DISCOMS , Distributed Renewable Energy (DRE) , greenhouse gas emission reduction , hybrid , Micro-grid , mini-grids |
India asks state-run firms to clear over $1 billion owed to green energy firms - sourcesBy : Sustainability ..., Nov 27, 2019
India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to green energy firms that could hinder further investment, three sources familiar with the plan said on Tuesday. The companies owe solar and wind... Read more.. Subject Tags: debt , DISCOMS , foreign investments , ReNew Power , renewable energy companies , renewable energy tariff , Softbank |
Gujarat: Solar rooftop power generation scheme gains popularityBy : Sustainability ..., Nov 25, 2019
The solar rooftop power generation scheme of the state government is fast gaining popularity among citizens, especially in towns of Saurashtra and Central Gujarat. The Gujarat government had floated the scheme in July this year and the power distribution companies (discoms),... Read more.. |