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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

DBT to now be implemented for electricity subsidies: Power Minister

DBT to now be implemented for electricity subsidies: Power Minister

The government will be implementing the direct benefit transfer (DBT) scheme for the power sector as well. The scheme will help the government target the electricity subsidies in a better way, without any leakages.

At a press conference after a meeting of state power ministers, Power Minister Raj Kumar Singh said that DBT will be made mandatory by the law. A Mint report states this would result in further savings on government spending as opposed to blanket subsidies.

 

Government vows to offer 24X7 power for all, fine firms for blackouts from April 2019

Government vows to offer 24X7 power for all, fine firms for blackouts from April 2019

 Setting an ambitious target of uninterrupted power for all, the Narendra Modi-led National Democratic Alliance (NDA) government plans to fine electricity distributors from April 2019 for power cuts deemed avoidable and to make it mandatory for the companies to install prepaid or smart meters t...

Bitcoin Miners Are Using More Electricity Than Ireland & Other 159 Countries

Bitcoin Miners Are Using More Electricity Than Ireland & Other 159 Countries

Last month, the value of Bitcoin skyrocketed to a record high, before plummeting down a few thousand dollars, after which it’s now stabilised at an all time high of $12,000.

The reason for that is because Bitcoins are a finite resource, and the payout has reduced as more and more of it have been mine...

Govt sets up panel to address NPAs in the power sector

Govt sets up panel to address NPAs in the power sector

The government has set up a high-level committee headed by NITI Aayog chief executive Amitabh Kant to address the problem of stressed assets in India's power sector, said two people aware of the matter.

Non-performing assets (NPAs) in power generation accounted for around 5.9% of the banking sector’s...

Government may allow power plants to pass on expenses to meet environment norms

Government may allow power plants to pass on expenses to meet environment norms

The government may allow power plants to pass on their investments in equipment to meet stringent environmental norms to consumers, and such costs will not be included during preparation of dispatch order to ensure these plants remain competitive.

The government is expected to soon issue an advisory ...

UP targets un-metered power connections; hikes tariff by 63%

UP targets un-metered power connections; hikes tariff by 63%

 

  In a move to curb un-metered electricity connections, the Uttar Pradesh electricity regulator has raised tariffs for such households by 63% for the current year.

The order issued on Thursday encourages consumers to shift to metered connections, its chairperson S K Agarwal told ET over ph...

Tesla launches world’s biggest battery in Australia

Tesla launches world’s biggest battery in Australia

It is three times larger than the next biggest lithium-ion battery and can power up to 30,000 homes. Elon Musk has said it is “just the beginning.” Tesla activated the world’s biggest lithium-ion battery in Australia on Friday, an achievement Tesla CEO Elon Musk had previously promised would be “jus...

Power tariff hiked in UP, average hike for domestic consumers is 12%

Power tariff hiked in UP, average hike for domestic consumers is 12%

Giving a shock to power consumers, the UP Electricity Regulatory Commission (UPERC) on Thursday announced hike in power tariff barely a day after the civic polls concluded in the state, drawing flak from the opposition parties. The average hike for domestic consumers, to be implemented soon, is 12%....

NTPC looks to acquire stressed commissioned plants

NTPC looks to acquire stressed commissioned plants

State-run power giant NTPC has floated a tender to acquire commissioned stressed coal-based power plants in the country. At present, out of the 40 GW stressed coal-based power generation capacity, about 12 GW capacity worth around Rs 50,000 crore commissioned after April 1, 2014 and is eligible unde...

Gujarat BJP government squandered Rs 26,000 crore by buying electricity at high rates from Adani, ESSAR, Tata and China Light Power: Congress

Gujarat BJP government squandered Rs 26,000 crore by buying electricity at high rates from Adani, ESSAR, Tata and China Light Power: Congress

The Congress on December 28 alleged that the BJP government in Gujarat had let four private companies -- Adani, ESSAR, Tata and China Light Power -- to "squander" Rs 26,000 crore of the public exchequer by purchasing electricity from them at "unimaginably high rates" in a "huge power purchase scam" ...

Govt may amend Electricity Act to allow e-vehicle charging stations to sell power

Govt may amend Electricity Act to allow e-vehicle charging stations to sell power

The Centre is set to make changes to the amendment to the Electricity Act, 2003 to allow electric vehicle charging stations to sell power. “The NITI Aayog is preparing the roadmap for this. We will propose changes to the amendment to the Electricity Act,” a government official said.

The Electricity A...

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