Adani Power has signed supplemental power purchase agreements (SPPAs) with Haryana discoms, envisaging a net reduction in contracted capacity. In a stock exchange filing, Adani Power said that it has signed SPPAs with Dakshin Haryana Bijli Read more
The total electricity volume traded on Indian Energy Exchange (IEX) during December 2022 was 4 per cent higher than in December 2021, a release from IEX said. IEX achieved 8,452 MU of total volume in December 2022 that included Read more
Alliance for an Energy-Efficient Economy (AEEE), in collaboration with AutoGrid, has released a report titled “Roadmap for Demand Flexibility in India”. The report highlights the wide range of possibilities that Demand Response (DR) offers that can effectively help electricity Read more
Torrent Power has entered into formal agreements to acquire 51 per cent equity stake in the special purpose vehicle “Dadra & Nagar Haveli and Daman & Diu Power Distribution Corporation Ltd”. With this, Torrent Power is set to Read more
The Union power ministry is planning to introduce stringent norms for discoms, with a view to check their mounting outstanding dues, according to a reliable media report. The media report quoting Union power ministry R.K. Singh said that the Read more
Dues payable by state power distribution companies (discoms) witnessed a year-on-year fall in November 2021, according to statistics released in the government portal PRAAPTI. According to statistics, the total amount due by discoms was Rs.1,13,031 crore Read more
State government-owned power distribution companies in Rajasthan have planned to introduce virtual segregation of 11kV feeders. Rajasthan discoms – Jaipur Vidyut Vitran Nigam Ltd (JVVNL), Ajmer Vidyut Vitran Nigam Ltd (AVVNL) and Jodhpur Vidyut Vitran Nigam Ltd (JdVVNL) – Read more
Jaipur-headquartered RMC Switchgears, in a stock exchange filing, said that it has developed an IoT device that can help power distribution utilities in reducing power theft. RMC Switchgears elaborated that its newly-developed IoT device can help in monitoring the Read more
Power sector lending institutions Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) have together disbursed around Rs.85,000 crore to discoms so far, under the AtmaNirbhar Package, a reliable media report said. In the second tranche, beginning January this Read more
"The new recommendation by the GST council, increasing the proposed tax to 12 per cent for renewable energy projects, will create a fresh set of challenges for the sector to address. Compared to the earlier 5 per cent, Read more