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
Ministry of Power to set up Rs 2000 Cr JV to Ease Smart Meter Rollouts Updated On Wed, Sep 16th, 2020 by Saurenergy Ministry of Power has begun the process to set up a Rs 2,000 crore JV for providing a CBIF to power Discoms for faster roll-out of smart meters in the country The Ministry of Power has begun the process to set up a Rs 2,000 crore joint venture (JV) for providing a common backend infrastructure […] Read more
Power Ministry Drafts Rights of Electricity Consumers for the First Time Updated On Wed, Sep 16th, 2020 by Saurenergy The Ministry of Power has announced that it has drafted rules providing for the Rights of Electricity Consumers for the very first time. The Ministry of Power has announced that it has drafted rules providing for the Rights of Electricity Consumers for the very first time. In its notification, the ministry claims the electricity consumers […] Read more
Peak Power Demand Slumps to 5.65% in August Updated On Mon, Aug 17th, 2020 by Saurenergy The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July, according to the power ministry data. Peak power demand met, which is […] Read more
Government Introduces new Consumer Charter to Seek 24×7 Power Updated On Tue, Aug 11th, 2020 by Saurenergy The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes and provide them compensation for any deviation from the stated goal. Sources close […] Read more
MoP Extends ISTS Charges Waiver for Solar & Wind Projects Until 2023 Updated On Fri, Aug 7th, 2020 by Saurenergy MoP has extended the waiver of ISTS charges and losses on the supply of power generated from solar and wind power projects until June 30, 2023. The Ministry of Power (MoP) has notified that it has extended the waiver of inter-state transmission system (ISTS) charges and losses on the supply of power generated from solar and wind […] Read more
Govt Proposes Tariff, Non-Tariff Barriers to Restrict Imports in Power Sector Updated On Thu, Jun 25th, 2020 by Saurenergy The government is proposing tariff and non-tariff barriers to restrict imports in the power sector, to reduce large scale presence of overseas equipment The government is proposing various tariff and non-tariff barriers to restrict imports in the sensitive and strategically important power sector where there is a large scale presence of overseas equipment, particularly from […] Read more
