News 
The CERC is in the process of framing rules on providing open access to transmission utilities to buy power from the power surplus states for the medium-term of up to three years. It already has rules for short-term access of up to one year and long-term access of more than 25 years, but even those are not strictly followed by state utilities.The Central Advisory Committee of the Central Electricity Regulatory Commission (CERC) has proposed the monitoring agencies be given more autonomy from the control of state utilities to facilitate uninterrupted flow of power from one state to another. The power sector experts within the committee also sought more stringent penalties on State Load Dispatch Centres -- the state-run agencies responsible for monitoring generation, transmission and distribution of power in a particular state -- which often deny power to transmission utilities of the other states.
The Ratnagiri Power Project, the modern avatar of the maligned Dabhol Power Project, is in the news once again. The Rs 7,000 crore, which four large banks have lent it, has to be restructured by March 31 or there is a risk of the loan having to be booked as a non-performing loan. The good news is th...
The impasse over signing of fuel supply agreement (FSA) between NTPC and Coal India Ltd has been resolved. The FSA will be signed shortly. Talking to Business Line after the meeting with CIL top brass here, the NTPC Chairman, Mr R.S. Sharma, said that issues pertaining to FSA were “resolved” and bot...
The country’s largest commercial bank, State Bank of India (SBI), is working on a special package for the fund-starved power sector “We have a very attractive portfolio of power projects that has received SBI funding. Contrary to market perception, our experience of lending to power sector has been ...
New Delhi has the first railway system in the world to qualify for UN carbon credits thanks to its regenerative braking system. The Delhi Metro Rail has installed a 64-panel, 5 kilowatt solar power system at its offices in its ongoing push to green operations. New Delhi's metro railway expects the P...
The Maharashtra government has offered some respite for the troubled Dabhol Power Project by agreeing to provide a guarantee for a Rs 300 crore loan that owner Ratnagiri Gas and Power Project Ltd (RGPPL) is seeking from the Power Finance Corporation (PFC).The revival of power generation from the pla...
State-owned NTPC Ltd plans to set up distribution networks near its power plants and later transfer them to state electricity boards (SEBs), a company official said. This is aimed at resolving conflicts India’s largest electricity utility has had with state governments over land, water and environme...
Areva T&D bagged the first private sector Ultra high Voltage Generator Transformers order from Lanco Infratech Ltd. The order valued at more than 33 million Euro, includes supply of 765 KV Generator Transformers, Shunt Reactors and 765 KV to 400 KV Interconnecting Transformers for the switchyard...
All of Maharashtra, barring Mumbai city, will face long hours of loadshedding every day as the Election Commission (EC) has refused to clear the state's decision to buy additional 1,500 MW from power utilities outside for Rs 600 crore. Confirming that the poll panel had turned down the state's reque...
