Power Grid inks $500 m loan pact with ADB

NEW DELHI, AUG 18:   State-run power transmission utility Power Grid Corp today said it will get a loan of USD 500 million from the Asian Development Bank (ADB) for its various projects. “Power Grid...

India: MAHAGENCO tenders 110 MW of solar

Following the announcement of 2 GW of solar projects, the Maharashtra State Power Generation Company (MAHAGENCO) has now issued calls for two separate tenders for the accumulative capacity of 110 MW of solar PV....

Micro-grids, a route to ensure 24X7 power

India – world’s largest democracy, with 65% of its population below the age of 25, a growing middle class with increasing disposable income, and a significant appetite for internet use- all these are one...

Taking Aim at China, India Tightens Power Grid

India is tightening the rules for businesses entering its power transmission sector and making stringent checks on both power and telecoms equipment for malware – moves that government and industry officials say aim to...

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...