Monthly Archive: August 2017

DISCOMs save Rs 15,000 crore under UDAY scheme

Debt-laden power distribution companies in states which participated in the UDAY scheme, meant for their revival, have saved Rs 15,000 crore till March this year, the power ministry said today. The Ujwal DISCOM Assurance...

Green power trading faces regulatory red light

Central Electricity Regulatory Commission (CERC) struck down the idea of a separate day-ahead trading market (DAM) for renewable energy. The plan peaked as share of unsold renewable energy has been increasing with states not honouring their power purchase agreements (PPAs)...

Falling bids may cast a shadow on solar projects

HYDERABAD: It’s not entirely good news that bids for solar projects are falling because they may leave developers with little financial buffer to face challenges such as cost overruns and counter-party delays. Grid curtailment...

DMRC’s Rewa solar power plan runs into trouble

Mumbai: A June order by the power ministry on inter-state electricity transmission charges could affect Delhi Metro Rail Corporation Ltd’s (DMRC) plan to buy power from one of the world’s largest solar power project at...

KCR mulls power tariff cut after reduction in coal rate

Hyderabad: Chief minister K Chandrasekhar Rao is seriously considering a proposal to reduce power tariff for some categories of consumers to pass on the benefits of reduced coal prices and efficiency improvement in the last three...

Prepaid electricity meters likely for utility companies

Trigger for proposal is the ?2,474.5 crore owed to Bescom Government offices, water supply installations, and street lights could soon be switched to a prepaid electricity meter system if the Bangalore Electricity Supply Company...