Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.
The stress in the power sector is likely to impact 25 Gw of capacity tied up in short-term sales.
Costs unlikely to fall; does not bode well for earnings
Invoke force majeure cluse, get a rap on knuckles from MNRE, which asks them to continue buying and paying for RE even during lockdown
Grows by 5.5% in Feb, driven by petroleum production, rise in electricity output
State entities shutting costlier units and turning to short-term power purchase
CIL had told Parliament's standing committee on coal and steel that it keeps supply on to defaulters in the national interest
Scenario to benefit power exchanges, merchant producers
The Centre has also decided to set up mega-sized solar parks which will have their own transmission systems
The firm's total power generating capacity has gone up to 6,044 Mw following the commissioning of two plants
India's power demand fell 13.2% in October from a year ago, posting its steepest monthly decline in more than 12 years, reflecting a deepening growth slowdown in Asia's third-largest economy
Power producers' total outstanding dues owed by distribution companies stands at Rs 69,558 crore by September-end 2019
The minister said these assets are further protected through multiple firewalls and systems
Union Ministry of Power has formed a high-level group to study the present system of power purchase and sale under the Power Purchase Agreement (PPA) including power trading, the Lok Sabha was informed on Thursday.In a written reply, Union Minister of State (IC) Power, New & Renewable Energy, and Skill Development and Entrepreneurship R K Singh said: "The group will also explore the system of power markets globally and make recommendations for changing the structure and system of power purchase and sale in the country including reforms needed to encourage investments, efficiency, and competitiveness in power markets.""As per the provision of Electricity Act, 2003, the Ministry of Power has already issued Competitive Bidding Guidelines for long term, medium-term and short term power procurement by Distribution Licensees. As mandated in Tariff Policy, all future power procurement by Distribution Licensees in states to be done through tariff-based competitive bidding only," he ...
The study also found investments in clean energy fell 21%, to $133 billion, across emerging markets last year, as China, India and Brazil all cut back
Production cuts in the manufacturing sector is bound to reflect on energy consumption numbers
So far 199 waste-to-energy projects for generation of biogas/bio CNG/ power based on urban, industrial, agriculture waste and municipal solid waste have been successfully established
Power Minister R K Singh said electricity generation in India rose 7.4 per cent in the first quarter ended June 2019, and 6.7 per cent in July
Shashwat Goenka inducted to the board of CESC as its vice-chairman and additional director, subject to the necessary approvals
Gujarat saw 1.1% fall in demand, Maharashtra 2.63% in April-September period