Union power secretary Ajay Bhalla has said state distribution companies cannot be blamed for rising debt and dues. These discoms have improved their operational efficiency,
India is the world’s third largest electricity producer, yet some parts of the country still don’t receive ample electricity. There are a number of cities, towns and villages that experience power cuts on a daily basis which causes a lot of inconveniences.
In present times, the world has been adopting renewable power at a rapid rate. India is also emerging in the global arena as a leading generator of renewable energy. In its efforts to move further towards sustainable development,
India’s Mangalore Refinery and Petrochemicals Ltd will operate its 300,000 barrels-per-day refinery in southern India at about 50 percent capacity from Thursday due to water shortage, Managing Director M Venkatesh said.
Oil prices ended on a negative note last week and tumbled 2 per cent on Friday after news that US president Trump may sharply hike tariffs on Chinese goods, risking derailing months of trade talks between the world’s two biggest economies.
With the increasing costs of power and electricity, a number of businesses are shifting to solar power systems. The Ministry of New and Renewable Energy (MNRE), Government of India is also encouraging solar PV systems for businesses under its Jawaharlal Nehru National Solar Mission.
The Delhi High Court has directed the Goods and Services Tax Council to review the tax structure for solar power projects. The decision was in response to a writ filed by the Solar Power Development Association,
Many of the projects won by developers in the two wind auctions conducted by Solar Corporation of India in 2017 have not been completed yet, according to sources close to the development.
Private power transmission companies have written to the Competition Commission of India, Comptroller and Auditor General and power regulator Central Electricity Regulatory Commission, alleging predatory pricing by Power Grid Corp (PGCIL) in the midst of auctions of some Rs 9,000-crore projects.
Prime Minister Narendra Modi may have set a target to cut India’s oil import dependence by 10 per cent but the country’s reliance on foreign oil for meeting its energy needs has jumped to a multi-year high of nearly 84 per cent