In a recent order, Central Electricity Regulatory Commission (CERC) has granted transmission licence to Powergrid Bikaner Transmission Systems Ltd (PBTSL) for the development of additional components of an existing transmission scheme in Rajasthan, under the regulated tariff mechanism Read more
Indian Energy Exchange (IEX) achieved 7972 MU (million units or million kwh) volume in October 2022 that was 13 per cent lower, year on year. This was on account of a high volume base recorded in October 2021. In Read more
Indian Energy Exchange achieved 7,805 MU (million units or million kwh) volume in August 2022, registering a 9 per cent growth over July 2022. This comprised 6,517 MU in the conventional power market, 437 MU in the Green Power Read more
Power Grid Corporation of India Ltd (PGCIL) plans to capitalize assets worth Rs.11,000 crore in FY23, according to a company presentation. PGCIL’s capitalization target of Rs.11,000 crore is in excess of its capital expenditure (capex) target for FY23 that Read more
Central Electricity Regulatory Commission (CERC) has ruled that the additional component of an 80 MVAR reactor associated with the Warora-Kurnool transmission scheme may come up under the regulated tariff mechanism (RTM) mode, though the original project is being Read more
Hindustan Power Exchange (HPX), on July 28, 2022, launched three new trading segments —Day Ahead Market (DAM), Green Day Ahead Market (G-DAM) and Real Time Market (RTM). With the launch of these segments HPX has enhanced its portfolio to Read more
The National Committee on Transmission (NCT) in its latest meeting has approved the implementation of the “Western Region Expansion Scheme – XXV” under the regulated tariff mechanism (RTM) route. The scheme, costing about Rs.210 crore, needs to be completed Read more
Indian Energy Exchange (IEX) achieved 8,760 MU volume in February 2022 comprising 7,695 MU in the conventional power market, 453 MU in the green power market and 612 MU in the REC Market. Overall, IEX achieved 29 per Read more
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more
Overall trading volumes on Indian Energy Exchange (IEX) recorded a 24 per cent year-on-year growth in December 2021, at 9,035 million kwh (million units or MU). This total cleared volume comprises – conventional power market (7,285 MU), green power Read more