Ministry of Power : Discoms Can Continue Or Leave PPA After Term Completion Updated On Thu, Mar 25th, 2021 by Saurenergy The Ministry of Power has issued a letter enabling the Discoms to either continue or exit from the PPA (Power Purchase agreement) after completion of the term of the PPA i.e. beyond 25 years or a period specified in the PPA and allow flexibility to the Generators to sell power in any mode after State/Discom […] Read more
Electric Vehicle Demand in India More Than Doubled in the Last 3 Years Updated On Thu, Mar 18th, 2021 by Saurenergy In a written reply to a question on electric vehicles (EVs) in the Lok Sabha, Minister of State for Heavy Industries Arjun Ram Meghwal said that the number of registered EVs as per the e-Vahan portal during the last three years has seen a consistent increase. As against 69,012 units of EVs sold in India […] Read more
Budget 2021. Why 24X7 Power For All, Tackling Discom Losses Is key Updated On Mon, Feb 1st, 2021 by Saurenergy Hopes are once again high that the government will take a broom to clean up discom losses in some way, one of the most intractable issues for the power sector for decades now. As always, the present time remains the best time to do something about it. On January 29 morning, power minister R.K. Singh […] Read more
India’s Power Demand Breaks Record at 185.82 GW on Jan 21: Sahai Updated On Fri, Jan 22nd, 2021 by Saurenergy The all India power demand on Jan 21 reached an all-time high of 185.82 GW beating the previous high from December 30, 2020, at 182.89 GW. The all India power demand on Jan 21, 2021, reached an all-time high of 185.82 GW beating the proviso demand records that was set on December 30, 2020, at […] Read more
Power Ministry Mandates all Discoms to Comply With Energy Conservation Act Updated On Tue, Nov 10th, 2020 by Saurenergy The Ministry of Power has issued a notification, stating that all the Discoms will now be covered under the preview of the Energy Conservation Act. The Ministry of Power has issued a notification, stating that all the electricity distribution companies (Discoms) in the country will now be covered under the preview of the Energy Conservation […] Read more
MoP Amends Guidelines for Procurement of RTC Renewable Power Updated On Fri, Nov 6th, 2020 by Saurenergy The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
State-run Majors, PFC, NHPC, NTPC Set Ambitious Performance Fiscal Year Targets Updated On Wed, Sep 30th, 2020 by Saurenergy Leading state-run utilities Power Finance Corporation (PFC), NTPC and the NHPC signed agreements with the power ministry on Wednesday to set up ambitious performance targets for the current financial year, despite flagging demand in wake of the pandemic. The exercise is an annual process, wherein the firms under the ministry set targets for the next […] Read more
“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms Updated On Fri, Sep 18th, 2020 by Saurenergy The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […] Read more
