The survey pointed out that the transmission and distribution losses in the power sector, at 35 per cent, were among the highest in the world.
The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India's post-Covid-19 recovery continues. India's leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India's power capacity. It continues to increase installed capacity, in thermal as well as renewables (solar, wind, green hydrogen) and hydropower and pumped hydro, and also has backward integration into coal mining, and explored nuclear.
Demands include clearing eight critical coal blocks attached to projects of big corporate houses.
Tata Power Company Ltd has signed a development agreement with Germany's Siemens Project Ventures GmbH to jointly bid for ultra mega power projects.
Since the privatisation of power distribution in Delhi about a decade ago, the overall electricity situation has improved.
The campaign will reach a high decibel level next week when BJP state chief K Annamalai is expected to take up a blitzkrieg campaign against the ruling DMK.
The central government has also given its nod for setting up an Ultra Mega Power Project in the state.
If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
Power firms can pass on burden to consumers, stocks rise up to 2%
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.
Areas in East and Central Delhi face a blackout risk from Saturday as the State-run National Thermal Power Corporation on Friday rejected the Delhi government's plea not to stop electricity supply to the BSES Yamuna Power Ltd for defaulting on payments.
In an apparent dig at the Aam Aadmi Party over its poll pledge to reduce power bills, Prime Minister Narendra Modi on Sunday wondered how such promises could be made by political parties in states which are dependent on electricity supply from outside.
The year 2012 saw users transitioning from feature phones to smartphones as they moved from just talking and texting to tweeting, networking socially and shopping with increasing mobile Internet penetration and lower data tariffs.
Power developer Reliance Power on Monday sought tax concessions from the government to spur investment in the sector even as it doubted if the target of providing power for all by 2012 could be achieved.
The government will soon work on a plan to make electricity distribution grids 'smart', which may enable users to choose tariff plans and help distributors check power theft. The Power Ministry would shortly be setting up an 'India Smart Grid Task Force', to be chaired by Sam Pitroda, advisor to the Prime Minister on innovation.
Chief Minister Arvind Kejriwal on Friday accused BSES discoms of trying to "blackmail" the government by threatening power cuts upto 10 hours a day, and warned them of strict action including possible cancellation of licenses.
It was drama outside the office of Delhi's power regulator in New Delhi on Monday when two groups -- one led by Bharatiya Janata Party's Vijay Goel and another by Arvind Kejriwal -- assembled there for protest against the power tariff hike.
Lanco Infratech has emerged as the lowest bidder for the 4,000 MW Sasan ultra mega power project, outsmarting its nearest rivals Reliance Energy and Tata Power as well as seven other contenders.
Committee set up by state govt considering reduction in rates
In a meeting chaired by state chief secretary Atul Kumar Gupta yesterday, the ETF recommended invitation of fresh bids for setting up the power plants at Bara and Karchhna in the Allahabad district. However, this has to be ratified by the state Cabinet first to take effect. This would be the third time that the state government would invite bids for the two power plants, which have failed to take off in spite of much fanfare with which they were initially announced.
The government on Tuesday said it has notified the Green Open Access Rules 2022 to further accelerate India's renewable energy programmes. These rules are notified for promoting generation, purchase and consumption of green energy including through waste-to-energy plants. It enables a simplified procedure for the open access to green power, the power ministry said in a statement.
BSES Yamuna Power Ltd said that there could be power cuts of up to 10 hours a day
The company plans to leverage its presence in rural areas; looking at off-grid solar products as well
Members of the Shiv Sena on Monday burnt a truck and blocked the Western Express Highway in Mumbai to protest the recent increase in electricity charges by Anil Ambani's Reliance Infrastructure. The protests brought the traffic on the arterial highway to a standstill and caused massive jams. Many people were reportedly injured in the protests.
A 21-year-old farmer was killed and a few others injured following a clash between security personnel and protesting farmers at Khanauri on the Punjab-Haryana border.
The Bihar State Electricity Board has disconnected its power supply to eight foreign Buddhist monasteries in Bodh Gaya in Gaya district for not paying their power tariff dues, an official said. Gouri Shankar Prasad, a BSEB official told rediff.com that the board will disconnect the supply to other monasteries if they don't pay their dues.
The earlier resolution allowing these developers to charge higher power tariffs, now stands cancelled.
Prime Minister Narendra Modi took a dig at pre-election promises to reduce power and water bills, saying he wondered how such promises could be made in states which were dependent on electricity from outside.
Rejecting the contention of private power distributors, the Delhi government on Wednesday ordered an audit by the Comptroller and Auditor General of their finances, fulfilling yet another election promise of the Aam Aadmi Party.
With their balance sheets under stress, private companies have lost interest in them.
After the 1,200-acre special economic zone at Noida and the Anil Dhirubhai Ambani Group's gas-based power plant at Dadri, Lanco Kundapalli's 1,000-Mw Anpara C power project in Sonebhadra district of Uttar Pradesh has come under the scanner
Farmers leaders taking part in the 'Delhi Chalo' agitation on Monday rejected the Centre's proposal of procuring pulses, maize and cotton at MSP by government agencies for five years, saying it was not in farmers' interest and announced that they will march towards the national capital on Wednesday.
