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Indian Power Sector News

Daily news updates about Indian Power sector. News and articles related to Indian Power Sector  and technology trends. You can subscribe to our feeds to put Indian power sector news on your web site/ Blog

India has world’s largest electricity access deficit: World Bank

India has world’s largest electricity access deficit: World Bank

India alone has a little less than one-third of the global deficit (270 million for electricity), followed by Nigeria and Ethiopia for electricity—and the 20 highest access-deficit countries for electricity account for 80 percent of the global deficit, said a World Bank report.
The state of electricity access report 2017 said that countries with the highest levels of poverty tend to have lower access to modern energy services—a problem that is most pronounced in Sub-Saharan Africa and South Asia, where a large share of the population depends on traditional biomass for cooking and heating and lacks access to electricity.

 

Govt to adopt liberal norms for electric vehicle charging stations

Govt to adopt liberal norms for electric vehicle charging stations

The Centre is likely to put in place liberal norms for  setting up charging stations to power  electric vehicles.
While  the NDA government plans to have an all-electric fleet on the country's  roads by 2030, the Central Electricity Regulatory Commission is working on setting up n...

SBI sanctions ₹2,317 crore for financing solar power projects

SBI sanctions ₹2,317 crore for financing solar power projects

State Bank of India on October 30 announced sanction of credit facilities amounting to ₹2,317 crore to corporates for financing Grid Connected Rooftop Solar projects under an SBI-World Bank programme.
This funding will create solar power capacity aggregating 575 MW.

Govt working to make obligations under power purchase agreement binding: Power Minister

Govt working to make obligations under power purchase agreement binding: Power Minister

The government is working to make obligations under power purchase agreement (PPA) statutory binding, ensuring all discoms have PPAs to cover 100 percent requirement, Power Minister R.K. Singh has said.
"I have called a meeting of energy ministers of all states on November 10-11, I will tell them tha...

NTPC searches for buyer for Kadapa Solar Park’s power

NTPC searches for buyer for Kadapa Solar Park’s power

Six months after it conducted a solar auction of 250 MW at the Kadapa Solar Park in Andhra Pradesh, NTPCBSE 0.91 % has still not been able to find a buyer for the power the project will produce, people aware of the matter said.
All 250 MW at the April auction were won by SolaireDirect, a subsidiary o...

ITI lowest bidder for 50 lakh smart meter auction by EESL

ITI lowest bidder for 50 lakh smart meter auction by EESL

State-run ITI Ltd has emerged as the lowest bidder for 50 lakh smart meters quoting a rate of Rs 2,503 per unit, followed by Genus Power and KEONICS in a reverse auction by EESL.
Earlier this month, L&T had quoted the lowest price for smart meters at Rs 2,722 per unit, which was 40-50 per cent lo...

Karnataka - Fast track probe on power purchase during BJP regime

Karnataka - Fast track probe on power purchase during BJP regime

The Congress appears to be keen to fast track the probe into the alleged financial irregularities in purchase of power during the previous BJP regime — when Shobha Karandlaje was Energy Minister and B.S. Yeddyurappa the Chief Minister — which resulted in losses running into thousands of crores to th...

Power to cost more in Punjab as energy tariff up by 9.33%

Power to cost more in Punjab as energy tariff up by 9.33%

 Consumers will have to shell out more for electricity as sectoral regulator Punjab State Electricity Regulatory Commission (PSERC) today announced a hike in power tariff by 9.33 per cent for 2017-18.
However, opposition parties AAP, SAD and BJP condemned the hike in power tariff, saying the Con...

Bhel starts execution of 4000 MW Yadadri plant in Telangana

Bhel starts execution of 4000 MW Yadadri plant in Telangana

State-run power equipment maker Bharat Heavy Electricals Ltd (Bhel)  said it has commenced execution of Rs20,400 crore Yadadri supercritical thermal power project ordered by Telangana State Power Generation Corporation.
“The execution of the 4,000 MW Yadadri Supercritical Thermal Power Project o...

On Diwali eve, spot power rate touches Rs.10.80 - 3-year high

On Diwali eve, spot power rate touches Rs.10.80 -  3-year high

Peak-hour spot power price has shot up to Rs 10.80 a unit, a three-yearhigh, for October 17's Day Ahead Market (DAM) on the Indian Energy Exchange (IEX), putting financial burden on states seeking to meet spiking Diwali demand.
IEX data for October 16's DAM showed buyers outnumbering sellers and Vidy...

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