News Power Sector News
Coal India Ltd (CIL) will develop its first-ever thermal power plant in the country in Odisha, a top company official said. The project will be implemented through CIL’s subsidiary, Mahanadi Coalfields Ltd (MCL).
The power plant, which will have a capex of ₹13,000 crore and a capacity of 1,600 MW (2x800 MW ), will come up at Sundergarh district. Power producer NTPC Ltd will be a joint venture partner and will likely have a 49 per cent stake.
NTPC's new power plants may not have to compete with private companies if the latest government proposal goes through. The draft tariff policy circulated by the government on Wednesday seeks to exempt power plants of all central public sector units or CPSUs from mandatory tariff-based competitive bi...
State-run Power Finance Corporation Ltd. said 11 percent of its total loan book is stressed, contributed entirely by private sector borrowers.
The private sector comprises 18 percent of the non-banking lender’s total loans worth Rs 2.79 lakh crore, according to a statement by the state-run company. “...
RK Singh, Minister of State for Power, on May 29, 2018 launched the web portal and an app namely PRAAPTI that stands for ‘Payment ratification and analysis in power procurement for bringing transparency in invoicing of generators’.
The portal ‘www.praapti.in’ has been launched for bringing transparen...
A massive fire broke out at the Anpara Thermal Power Station in Sonbhadra district of Uttar Pradesh late on Monday night. According to news agency ANI, the fire started at the switch yard at around 10:30 pm and engulfed the entire unit. Several fire tenders were rushed to the incident site and effor...
The Central Electricity Regulatory Commission (CERC), which determines tariffs for plants that sell power at ‘cost-plus’ systems, has proposed to introduce a ‘three-part tariff’ structure from the existing ‘two-part’ regime. The regulator has suggested the changes in the recently launched approach p...
As per new studies of BMI research, India is set to overtake Japan in the production of electricity in Asia having the second largest power capacity in 2018.
Electricity being the main engine of growth for the country, has been given at most priority in the present Narendra Modi government. The gover...
Prime Minister Narendra Modi on May 25 laid the foundation stone of the first phase of 2,400 Megawatt (Mw) capacity of NTPC's Patratu Super Thermal Power Project in Ramgarh district, Jharkhand.
A senior NTPC executive said the first phase of the project will be set up at an estimated cost of around R...
Russia's state-run Atomic Energy Corporation, ROSATOM developed the 'Akademik Lomonosov' worlds first floating nuclear power plant (FNPP).
The FNPP was designed to make it possible to supply electricity to hard-to-reach areas, regardless of transport infrastructure, landscape, and cost of fuel delive...
The Karnataka High Court has issued an interim stay on the state electricity regulatory commission’s May 14 order that imposed transmission and wheeling charges retrospectively on renewable energy developers.
The order was passed on Thursday by a vacation bench of the court in response to writ petiti...
Spot power price touched 5-year high of Rs 11.41 per unit at IEX on May 22, which experts attributed to aggressive bidding by captive units following government's decision to ramp up coal supplies to power plants.
The government decided last week to augment coal supplies to centre/ state power plants...
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