Electricity

Sunsure Energy Signs Pact To Supply Solar Power To KSB Ltd For 25 Yrs

Renewable Energy company Sunsure Energy has signed a Power Purchase Agreements (PPA) with Pune-based KSB Limited, one of the leading pumps and valves manufacturers in India to supply nearly one crore units of green power annually for the next 25 years. Sunsure will set up this captive renewable energy project with KSB Limited as the […]

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Rise In Renewables In Europe Can Curb Up to 67% Emissions: Report

A recent event by Wood Mackenzie shared an analysis on the current growth in Europe’s flexible renewable energy. The report finds that, European power market will see its carbon intensity plummet. It accredits this rise with the change in ambitious climate-energy policies. Moreover, it finds that, flexibility to be key to enable this change, according to […]

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EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030

The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […]

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MoP Warns States Against Levying Charges On Power Generation

The Ministry of Power (MoP) has now issued an order asking states to not levy any additional charges on the generation of electricity from any source ranging from hydropower, thermal to renewable. The ministry even termed the events as “unconstitutional and illegal”.  “It has come to the notice of the Government of India that some State Governments […]

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The Future of Solar Fabrication: Emerging Trends to Watch

As the world grapples with the consequences of climate change and transitions to cleaner and more sustainable energy sources, solar energy remains as a bright beacon of hope in the renewable energy landscape. Solar power accounts for 4.5% of the world’s electricity and is the third largest renewable electricity technology, behind hydropower and wind. However, the future […]

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Discoms In Gujarat To Levy Rs 0.87/Kwh As Surcharge For Open Access

The Gujarat Electricity Regulatory Commission (GERC), in its suo motto order, has specified the additional surcharge rate for the open access consumers in the state. As per the latest order of the state, it has specified Rs 0.87 per KwH applicable for open access services between October 1, 2023, and March 31, 2024. It comes after […]

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CERC Proposes SNA Charge of Rs 1 paise/kWh For Cross Border Power

The Central Electricity Regulatory Commission (CERC) has now proposed amending its older regulations for cross-border power trade. It has now proposed two new amendments to make these new changes. The new change proposes leaving an additional charge for the Settlement Nodal Agency (SNA) for the process. The CERC claimed this was due to costs like manpower, legal […]

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Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand

The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan.  MSEDCL has planned to procure 7,000 MW of solar […]

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Discoms Have Total Unpaid Dues of Rs 29,136cr, R.K.Singh tells Rajya Sabha

Union Power Minister RK Singh informed Rajya Sabha today that the electricity distribution companies (Discoms) had a total unpaid dues of Rs 29,136 crore as of July 24, 2023. These payments were to be made to the country’s power-generating companies (gencos). It was in addition to the balance legacy dues of Rs 61,025 crore. The […]

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