Power articles

Need to bring losses below 15% for 24X7 power: R K Singh

Power and New & Renewable Energy Minister R K Singh today urged his states’ counterparts to bring electricity distribution losses below 15 per cent to ensure 24X7 power for all by 2019. Singh also asked them to roll out the Saubhagya scheme in their states to provide power connections to 4 crore families by December,

Anil Ambani’s RInfra wins contracts worth Rs 5,000 cr in Bangladesh

Anil Ambani-led Reliance Infrastructure Ltd today said it has bagged contracts worth Rs 5,000 crore in Bangladesh which includes setting up of the entire infrastructure for a 750 MW LNG-based combined cycle power plant. The company won the projects on international competitive bidding, Reliance Infrastructure (RInfra) said in a statement. “The first EPC contract includes

Yogi govt targets Rs 50,000 crore private investment in solar energy

Betting big on green energy space, the Yogi Adityanath government in Uttar Pradesh is targeting to attract investment of almost Rs 50,000 crore in the solar energy sector over the next five years till 2022. Besides, the government is targetting total solar energy generation of about 10,700 megawatt (mw) during the same period vis-à-vis tentative

Madhya Pradesh takes away must-run status & exemptions to renewable energy

Giving a shocker to the renewable energy industry in Madhya Pradesh, the state regulator has taken away the must-run status of power generated from renewable energy sources. In the latest order issued by the Madhya Pradesh Electricity Regulatory Commission (MPERC), it was said: “the generation from co-generation and renewable sources of energy to be subject

ADB lends $583 mn for Reliance Power’s 750-Mw project in Bangladesh

ADB’s financing package includes loans and partial risk guarantees for the power generation facility, as well as for the LNG terminal. The total project cost is approximately $1 billion. “ADB’s partnership with Reliance Power will help Bangladesh scale up its energy infrastructure to sustain and support the country’s economic growth.” Michael Barrow, director-general of ADB’s

Bhel to renovate ESP package at Kahalgaon plant for Rs 215 Cr

State-owned power equipment maker Bhel said today that it has secured an order worth Rs 215 crore for renovation and modernisation of electrostatic precipitators (ESPs) at Kahalgaon Super Thermal Power Station (STPS) in Bihar. Originally supplied along with the four units (4X210 MW) by Bhel, the ESPs have been in operation for more than 25

Exempt electricity duty to boost investments in state: Assocham to Odisha

Industry body Assocham has requested Odisha government to exempt electricity duty for ferroalloy plants to encourage investment for setting up of metallurgical plants across the mineral-rich state. Metallurgical sector not only provides employment opportunities to unskilled, semi-skilled and skilled people but it also holds the potential to fill state coffers as increase in capacity utilisation

UP targets un-metered power connections; hikes tariff by 63%

In a move to curb un-metered electricity connections, the Uttar Pradesh electricity regulator has raised tariffs for such households by 63% for the current year. The order issued on Thursday encourages consumers to shift to metered connections, its chairperson S K Agarwal told ET over phone from Lucknow. Uttar Pradesh has over 65 lakh un-metered

NTPC looks to acquire stressed commissioned plants

State-run power giant NTPC has floated a tender to acquire commissioned stressed coal-based power plants in the country. At present, out of the 40 GW stressed coal-based power generation capacity, about 12 GW capacity worth around Rs 50,000 crore commissioned after April 1, 2014 and is eligible under this tender. According to the tender document,

Power Grid sees $25 billion up for grabs on Modi’s power plan

India’s largest transmission utility is shifting its focus to projects within states, where it expects a government plan to provide electricity to all to generate about Rs 1,60,000 crore ($25 billion) worth of new orders over the next five years. Power Grid Corp. Of India Ltd. will seek to capture some of the new orders