Government decides not to fiddle with regulated power tariff
The power ministry is now considering giving broad guidelines to the CPSEs but it will not fiddle with regulated revenue, specifically RoE, of the power transmission and generation assets, he said.
CERC to fix provisional tariff hike
Lenders and power companies have said that most projects have not placed orders for the equipment and hen...
Revised tariff policy likely to be rolled out within a month, says Power Minister R K Singh
The government intends to provide '24X7 Power to ...
Govt finalising Rs 3.5 lakh cr discoms package on the lines of UDAY: R K Singh
The scheme will come with a gross budgetary support of Rs 1.2 lakh crore over five years will be result-oriented where the distribution companies will invest first and get money later, he said. Singh also said a group of ministers headed by home minister Amit Shah has cleared the National Tariff Policy that would soon be sent to the Union cabinet for consideration.
Tariff cut likely for regulated power companies
Regulated power plants may have to take a tariff haircut on return on equity and fixed costs, as the government is considering a demand from electricity distribution companies to lower costs amid the Covid-19 pandemic.
ReNew Solar Power bags 400 MW renewable energy projects at Rs 2.90/unit: MNRE
"Golden chapter added in Indian Renewable Energy story, as e-RA for 400 MW RE Projects with Round the Clock (RTC) supply conducted by SECI Ltd results in historic 1st year tariff of Rs 2.90/kWh. MNRE makes a new beginning towards firm, schedulable & affordable RTC supply through 100 per cent RE power," Power and New & Renewable Energy Minister R K Singh said in a tweet last evening.
Average renewable energy tariff to remain competitive: Crisil
Last month, the Ministry of New and Renewable Energy removed tariff ceilings from renewable energy tenders will give the beleaguered industry a much-needed leg-up. The tariff ceiling was one reason cited by the industry players for poor participation in tenders by Solar Energy Corporation of India, thus slowing down the pace of capacity addition.
Solar tariffs increase in Gujarat auction
Vena Energy, Juniper Energy and Tata Power won 40MW, 190MW and 120MW at tariffs of Rs 2.61, Rs 2.63 and Rs 2.64 per unit, respectively in an auction conducted by Gujarat's main distribution company, Gujarat Urja Vikas Limited (GUVNL) on Wednesday for 350MW of solar capacity.
Tariff adoption is new hurdle for green energy cos in India
Indian green power firms can no longer take for granted that the tariffs at which they won projects in auctions will actually be adopted, Ranjit Gupta CEO of solar developer Azure Power told ET, citing it as a challenge for the sector.
Solar storage tariff spells trouble for coal
In an eerie feeling of deja-vu some 20 months on, the latest auction of storage-based solar project with assured peak-hour supply may have driven another nail into the coffin for coal by setting a world record for cheapest solar storage power.
Three bids for Anil Ambani’s Delhi power distribution business
The Anil Ambani-led Reliance Group is looking to sell assets to pay off lenders.
Mundra Plant's tariff issue: Tata Power gives 5 states till March 20
Tata Power Co has given power distribution companies in five states that buy electricity from its 4,000-MW Mundra plant time until March 20 to decide on accepting higher tariffs, after which the company will decide on continuing supplies to them.
Ceiling tariff in wind energy tenders to go
Removal of the ceiling tariff has been a long standing demand of the industry. Developers maintain that tariffs are too low and it restricts them from participating as well as stymies the progress of renewable energy.
View: Cleaner, and now cheaper, solar power beats coal
Solar energy just beat coal-based power hollow, and would do so even if taxes and cesses on coal were lifted.
A tale of disconnected dots: The regulatory algorithm behind Electricity Amendment Bill 2020
Privatisation, which is one of the potential impacts of the amendments, is also the preferred narrative of the govt to deal with Covid–19 pandemic. The Finance Minister, has recently announced that Union Territories will soon have private discoms and the same model will be subsequently replicated in various states. But are these steps enough?
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