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Cabinet approves revised cost estimate of North Eastern Region Power System Improvement Project for six States for strengthening of the Intra-State Transmission and Distribution SystemsBy : Sustainability ..., Dec 17, 2020
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the Revised Cost Estimate (RCE) of North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs. 6,700 crore. This... Read more.. |
Central govt plans three power gear production zonesBy : Sustainability ..., Dec 15, 2020
The government plans to set up three large manufacturing zones for power and clean energy equipment by offering companies incentives such as land and electricity at attractive prices, power and new and renewable energy minister Raj Kumar Singh... Read more.. Subject Tags: PLI , power sector |
Moody's maintains negative outlook for India's power sectorBy : Sustainability ..., Dec 10, 2020
The chief reasons for the unfavourable forecast were uncertainty about demand revival and delayed payments from State-owned distribution companies. Agencies Talking about the renewable energy sector, Moody's Investor Service said that India will... Read more.. Subject Tags: Moody Investor Service , power sector |
Power Exchange India starts real-time market for electricity transactionsBy : Sustainability ..., Jun 2, 2020
Power Exchange India Ltd (PXIL) on Monday said it has kick-started Real Time Market (RTM) for electricity transactions. The RTM enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery. "The first... Read more.. |
Govt may lower tariffs to bail out power sectorBy : Sustainability ..., May 13, 2020
India will shortly announce a power sector package that may involve a temporary tariff reduction, concessional finance, and payment of around ₹1 trillion dues of electricity distribution companies (discoms), two government officials said, as part of the stimulus plan... Read more.. |
COVID-19: Labour migration to pose short-term challenges for power, renewable energy sectorsBy : Sustainability ..., May 1, 2020
The COVID-19 pandemic has pushed the country under an extended lockdown creating a cascading effect on economic growth but the labour migration caused by it is posing serious challenges for the power and renewable energy industries. The exodus of migrant labourers from major... Read more.. |
Power from non-coal sources on rise in IndiaBy : Sustainability ..., Nov 6, 2019
When economies stumble, slackening electricity demand is a very common symptom, and in India's case, the current rapid decline is quite specific to coal, an international researcher said on Tuesday. Collectively, power from all non-coal sources grew by about 24,000 gigawatt... Read more.. |
Corporate tax cut to lead to Rs 2,500 cr power discoms savingsBy : Sustainability ..., Oct 1, 2019
The Centre's recent move to lower the corporate tax rate is a positive development for the power sector as it is expected to save Rs 2500 crore a year for the state distribution companies, ratings firms Icra said on Monday. The move would allow power generators with... Read more.. |
Telangana to go for 1,000 Mw solar power, one-time settlement of power duesBy : Sustainability ..., Aug 1, 2019
The Telangana government on Wednesday said it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of... Read more.. |
Govt’s 100-day plan aims to re-energize India's power sectorBy : Sustainability ..., Jun 12, 2019
The Union power ministry has proposed a “power sector council" to address issues between the Union and state governments as part of the ministry’s 100-day action plan for the second term of the... Read more.. |