Discoms’ Revenues to Fall 13.1% With Decline in Power Demand: Report Updated On Fri, Jul 24th, 2020 by Saurenergy According to a new report, power demand is expected to decline by around 8% in current fiscal and is likely to result in a 13.1 percent YoY decline in revenues of Discoms. Power demand is expected to decline by around 8 percent in current fiscal due to the steep fall in demand from commercial and […] Read more
Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA Updated On Tue, Jul 21st, 2020 by Saurenergy With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
Discoms’ Dues to Gencos Expands to Rs 1.23 Lakh Crore Updated On Mon, Jun 29th, 2020 by Saurenergy Gencos total outstanding dues owed by Discoms rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year. Power generators (Gencos) total outstanding dues owed by distribution companies (Discoms) rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. […] 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
India Short Circuits Power Sector Imports, As China Shadow Looms Updated On Tue, Jun 23rd, 2020 by Saurenergy With material from China practically stuck at ports, ever since last week, when a border skirmish went out of control leading to fatalities on a hitherto ‘peaceful’ border, Power Minister R.K. Singh formally outlined a series of steps today, to combat the ‘risks’ of imports in the ‘strategic’ power sector. The measures, while stopping short […] Read more
Rs 90,000 Crore Relief Package for Discoms a Non-Starter Updated On Tue, Jun 23rd, 2020 by Saurenergy The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […] Read more
IESA Proposes to Have Policy Framework for Energy Storage in Electricity Act Updated On Wed, Jun 10th, 2020 by Saurenergy IESA has submitted its recommendations on the proposed Draft Electricity (Amendment) Bill, 2020, proposing a policy framework for energy storage in the bill India Energy Storage Alliance (IESA), India’s leading alliance working in the space of energy storage, electric vehicle, renewable integration & microgrids has submitted its comments/recommendations on the proposed Draft Electricity (Amendment) Bill, […] Read more
Siemens to Supply HV Equipment for 1.6 GW Offshore Wind Farm in US Updated On Wed, Jun 10th, 2020 by Saurenergy Siemens has been awarded an order from Semco Maritime to provide the main electrical equipment for the ESP of the 1.6 GW Mayflower Wind offshore project Siemens has been awarded an order from Danish customer Semco Maritime to provide the main electrical equipment for the electrical service platform (ESP) of the offshore wind project Mayflower […] Read more
