Power rss

News from the Power sector from the B2B perspective

TN govt announces measures to strengthen power infrastructure

July 21, 2014

In a bid to effectively generate, handle and distribute electricity, the Tamil Nadu government today announced a slew of measures in the Assembly to strengthen power infrastructure in the state. Electricity Minister, Natham R Viswanathan said the Generator Protection System installed in the fourth unit in Tuticorin Thermal Power Plant would be replaced with latest… Read More ›

Unsolved global oil supply and demand equation poses risks: Dr Mosongo Moukwa

Soon, the world will not be able to produce all the oil it needs as demand is continually rising while supply is falling. According to International Energy Agency (IEA), oil consumption will rise by 56% between now and 2040, with China and India, both responsible for half of this increase in consumption. A study by Pickering, Holt &Co, an investment bank focusing on energy,… Read More ›

Power producers write to Minister to bring in legislative changes

The Association of Power Producers on Friday wrote to the Power Ministry asking for a task force to be set up for undertaking a thorough review of legislation governing electricity generation. The letter was sent to Piyush Goyal Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy. The association claims that… Read More ›

Power regulator comes out with advisory to Telangana, AP

The Andhra Pradesh Electricity Regulatory Commission has come out with an advisory to Andhra Pradesh and Telangana highlighting the need to encourage competitive tariff structure and improve demand side management. The regulatory commission, which has the mandate to determine tariff for Telangana and Andhra Pradesh states, expressed the need to determine agriculture power consumption precisely… Read More ›

New govt will come out with a National Energy Policy: Pranab Says govt will also work towards expanding the National Solar Mission

The new government will soon come out with a National Energy Policy that will focus on balancing power generation through conventional and non-conventional sources, President Pranab Mukherjee said today. Addressing the first Joint Sitting of the Parliament, Mukherjee said: “My government will come out with a comprehensive National Energy Policy and focus on development of energy related infrastructure, human… Read More ›

Solar Power: Cost of production dropped 60%; price to equal thermal power’s in three years

More importantly, the MP tender brought the price of solar power closer to the price of thermal power — produced from coal or gas, and India’s largest source.   Earlier this month, when Madhya Pradesh accepted the bid of Himgiri Energ y Ventures to supply solar power to the state grid at Rs 6.5 a unit,… Read More ›

Vijay Kelkar wants existing regime for oil contracts

Kelkar said the committee had requested AOGO to provide data and analysis of issues that affect the sector. These were included in its interim report, which was submitted to the government in January.   NEW DELHI: Vijay Kelkar, chairman of the expert panel on energy security, has stuck to his position that the existing regime for… Read More ›

Many electricity regulatory bodies headless

Regulatory commissions in most states are either headless or have not appointed an expert member, leaving them overworked.  NEW DELHI: Power firms have a new regulatory hurdle. Regulatory commissions in most states are either headless or have not appointed an expert member, leaving them overworked, while power producers unable to get quick orders on tariffs… Read More ›

DVC seeks law tweak, may split power business from other activities

The DVC Act stipulates that the company will undertake flood-control, aid irrigation and help supply water for industrial and domestic use.  KOLKATA: State-run power producer Damodar Valley Corporation does not have the means to undertake operations it was mandated to carry out, according to its acting chairman Arup Roy Choudhury. The company is now seeking… Read More ›

Advantage Tata Power, pain for NTPC

Tata Power surges 5%; NTPC slumps to five-year low Power stocks reacted in a mixed way at the bourses on Monday, on the back of  separate orders by the Central Electricity Regulatory Commission (CERC). While the regulator upheld its earlier order of a bailout package to Tata Power for the electricity generated from its imported coal-based Mundra plant in Gujarat, it… Read More ›