In a very recent order, Central Electricity Regulatory Commission (CERC) has allowed Indian Energy Exchange (IEX) to introduce High Price Day Ahead Market (HP-DAM) on the exchange’s Integrated Day Ahead Market (I-DAM) segment.
The power distribution business of Torrent Power got a significant boost from the new licensee area of Union Territory of Dadra & Nagar Haveli and Daman & Diu (DNH&DD) during the third quarter of FY23.
The vigilance team of Adani Electricity Mumbai Ltd (AEML) recently unearthed a power theft case of Rs.40 lakh from a commercial consumer operating in the Malwani area of the city’s Malad suburb.
ReNew Transmission Ventures Pvt Ltd has won its third interstate transmission system (ISTS) project under the tariff-based competitive bidding (TBCB) mechanism.
Power Grid Corporation of India Ltd (PGCIL) has targeted asset capitalization in the region of Rs.10,000 crore to Rs.12,000 crore in FY23, according to K. Sreekant, CMD, PGCIL.
Indian Energy Exchange (IEX) achieved 8,639 million kwh (million units or MU) of total volume in January 2023 that was the highest in any month in fiscal year FY23, so far.