In the recently concluded auction for transmission projects in Brazil, Sterlite Power emerged as the largest winner, clinching six lots at an investment of roughly $1 billion, securing about 65 per cent of the capex under auction.
Energy Efficiency Services Ltd has signed two MoUs with two Haryana discoms–UHBVN (Uttar Haryana Bijli Vitran Nigam) and DHBVN (Dakshin Haryana Bijli Vitran Nigam)—to install 10 lakh smart meters in Haryana. The MoUs entail supply and installation of Smart Meters in Gurugram, Faridabad, Hisar, Karnal, Panipat and Panchkula within three years in a phased manner, a release from EESL said.
There is scope to enhance the magnitude of the “Medium Term PPA Scheme” recently announced by the Union power ministry, according to Rajeev Sharma, Chairman & Managing Director, Power Finance Corporation Ltd. He was addressing the media at a recent press conference in Mumbai.
Indian Railways has been able to significantly cut its power procurement costs, thanks to the helpful intervention of RITES Ltd, a Central PSU under the ministry of railways. Addressing the media at a recent press conference in Mumbai, Rajeev Mehrotra, Chairman & Managing Director of RITES Ltd said that a complete study by a group of technical personnel from RITES Ltd was done to assess load requirement at various traction substations (TSS) of Indian Railways.
In next three years electricity metering will go smart prepaid, obviating the need for electricity bills reaching the consumer. So need of the hour is to scale up manufacturing of smart prepaid meters and to bring down their prices, according R K Singh, Minister of state (in-charge) for power and new & renewable energy. Singh was addressing a meeting of meter manufacturers called by the power ministry on June 7, 2018.