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APAC Power Sector Could Attract $1.5 Tn in Investments by 2030: WoodMac

A new report shows that the power generation sector in APAC could attract USD 1.5 trillion worth of investments over the decade ending 2030. The latest report by research agency Wood Mackenzie shows that the power generation sector in the Asia Pacific (APAC) could attract USD 1.5 trillion worth of investments over the decade ending […]

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MNRE Offers Clarifications for Implementation of KUSUM Scheme

MNRE has issued clarifications sought by a few State Implementing Agencies on certain issues relating to the implementation of the PM-KUSUM Scheme. The Ministry of New and Renewable Energy (MNRE) in a recent notification has issued clarifications on certain issues relating to the implementation of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. […]

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DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment

In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […]

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Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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Andhra Govt to go Ahead with DBT of Free Power Scheme for Farmers

The Andhra Govt has decided to go ahead with the DBT of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. The Andhra Pradesh Government has decided to go ahead with the Direct Benefit Transfer (DBT) of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. Energy minister Balineni Srinivas Reddy has […]

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Overall Electricity Demand Nearly at pre-Covid Levels: ICRA

The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent […]

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Power Tariffs to Remain Unchanged in Delhi for 2020-21: DERC

DERC has come up good for millions of consumers in Delhi after it announced that there would be no power tariffs hike in 2020-21 in view of the pandemic. The Delhi Electricity Regulatory Commission (DERC) has come up good for the millions of consumers in the National Capital after it announced that there would be […]

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SECI Releases ₹520 Crores To developers in July

At a time when the stress due to overdues from discoms, besides multiple other factors has got the industry on edge, SECI (Solar Energy Corporation Of India) has released a statement that claims ₹520 crores have been released to developers for payments against wind and solar energy generation. This represents about 75 percent of the […]

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Allowing Sale of EVs Without Batteries not Well Planned: Mahindra Electric

Mahindra Electric has criticised the MoRTH’s move to allow sale and registration of electric vehicles (EVs) without pre-fitted batteries. Mahindra Electric, the EV business of the Mahindra Group, has criticised the Ministry of Road Transport and Highways’s (MoRTH) move to allow sale and registration of electric vehicles (EVs) without pre-fitted batteries, saying no country in […]

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