The 1250-MT cryostat base manufactured by L&T Heavy Engineering — the single largest section of the world’s largest nuclear fusion reactor — was successfully lifted and placed into a reactor building in France, the company said in a statement. Anil V Parab, executive vice-president and head, L&T Heavy Engineering, said, “ITER is a first of […]
Category: Power
Power
Govt aims to complete privatisation of UT discoms by January 2021
To usher in efficiency, the government is planning to privatise the electricity distribution companies (discoms) in Union Territories (UTs) by January 2021, sources said. Efforts would also be made to privatise a number of discoms in major states such as Uttar Pradesh, Gujarat, Haryana, Karnataka, Madhya Pradesh, Jharkhand and Assam to improve the governance of […]
Adani Green bags 8GW solar project, to invest Rs 45,000 crore
Adani Green Energy has won India’s largest manufacturing-linked solar power agreement, awarded to date by SECI, to set up a 8,000 megawatt or 8 gigawatt (GW) solar power generation capacity, and 2,000 megawatt or 2GW solar cell and panel manufacturing capacity in the next five years. The projects will entail an investment of Rs 45,000 […]
Power demand falls 15% in May on muted factory usage
Electricity demand in May fell 15% year-on-year to 102 billion units owing to muted industrial and commercial activities. However, power consumed in the month was about 20% higher than April, reflecting more agricultural consumption in the sowing season and higher residential usage with the advent of summer. Power usage in April, when the lockdown was […]
Delhi govt seeks Centre’s guarantee for discom loan package
The Delhi state government has written to the Union ministry of home affairs (MHA) seeking central government guarantee for the Rs 15,500-crore loan sought by the power distribution companies (discoms) operating in the national capital. The Delhi discoms are requesting the loan under the Rs 90,000-crore scheme announced by finance minister Nirmala Sitharaman to inject […]
Cool weather, lower industrial consumption widens power demand slump to 19.7% in June first week
Relatively cool weather in the first week of June in many parts of the country led to the widening of power demand slump to 19.7 per cent from 8.8 per cent in May this year. The spurt in power demand due to intensifying heatwave and spur in commercial and industrial activities across the country after […]
Rajasthan: Power subsidy held up for months, farmers threaten stir against Ashok Gehlot govt
Several farmer organisations across Rajasthan have threatened to launch an agitation against the Congress government for not providing the subsidy in power tariffs that was promised by the previous BJP regime. According to a report in The Indian Express, the Ashok Gehlot government’s decision to stop adjusting the subsidy amount in bills is forcing farmers […]
Discom losses seen doubling to Rs 58,000 crore in FY21
Losses of state-owned power distribution companies (discoms) are seen to be around Rs 58,000 crore in the current fiscal because of lower revenue generation amid muted power demand due to the lockdown, analysts at Crisil Ratings said. Losses in FY20 were to the tune of around Rs 30,000 crore, according to an estimate. Discoms are […]
EESL in talks with discoms to implement solar plants-LED lights-pump sets package
KEEPING IN MIND the diverse requirements in rural areas, Energy Efficiency Services (EESL), a state-run power sector player, is in talks with state-run power distribution companies (discoms) to implement its new modular programme, which would set up solar plants in villages, install LED street lights with batteries and replace older agricultural pump sets with efficient […]
Govt launches real-time electricity market; here’s how it will change power landscape forever
In a move to utilise surplus capacity in the power sector, the government today launched a pan-India real-time market of electricity. With the newly launched market, India has joined the league of a handful of nations to have such a market, said R K Singh, MoS (IC), Power and New & Renewable Energy. The proposed […]
Government launches real-time-market in electricity
Union Power Minister RK Singh formally launched the real-time-marjet (RTM) in electricity on Wednesday. The mechanism gives more operational flexibility to thermal power producers, who can now sell additional power in the spot market where power distribution companies (discoms) procure lower volumes of electricity that what was scheduled by them earlier. To their benefit, discoms […]
Unlockdown-1: 80% industrial units in Gujarat resume operations
Nearly 80% industrial units across Gujarat have resumed operations following the state government’s permission to function with 100% workforce outside containment areas as part of unlockdown-1, according to Gujarat’s industries commissioner Rahul Gupta. “We have removed odd-even system for textile and other markets. Industries across the sectors are now gradually returning to normalcy. Demands for […]