Union Power Minister R K Singh on Tuesday said in the Rajya Sabha that state government departments owe about Rs 41,700 crore to power distribution companies and asked states to ensure payments are made on time.
Union Ministry of Power has formed a high-level group to study the present system of power purchase and sale under the Power Purchase Agreement (PPA) including power trading, the Lok Sabha was informed on Thursday.
India’s installed power generation capacity has reached 364.9 gigawatts, which is sufficient to meet the country’s electric demand, Parliament was informed on Thursday.
The Ministry of Power (MoP) has advised the state electricity regulatory commissions (SERCs) to establish the reduction of generation or transmission tariffs in cases of full or advance payments by the distribution companies (DISCOMs) and procurers to the generating stations or transmission companies.
The power ministry recently said that it will reconstitute the National Committee on Transmission (NCT) with amended composition and terms of reference (TOR). It added that the committee will be headed by the chairperson of the Central Electricity Authority.
Power ministry officials met private power producers and top bankers on Monday to discuss the issue of lending for meeting emission compliance. As per the central pollution control board, all thermal power plants need to meet the emission norms prescribed by CPCB by 2022.
The Ministry of Power has drafted a model plan for states to have multiple private franchisees as power suppliers, opening up the distribution sector in India. This paves the way for the second round of reforms by the Bharatiya Janata Party (BJP)-led central government
Union Power and New and Renewable Energy Minister R K Singh will visit Kashmir tomorrow to review different development projects in the power sector in Jammu and Kashmir. After the abrogation of Article 370, this will be the first visit of R K Singh to Kashmir.
The government is in the process of rolling out a new tariff policy and UDAY 2.0 to address the issue of losses of discoms, which is the “only difficulty” in ensuring round the clock electricity supply for all, Power Minister R K Singh said.
Union Power Minister R K Singh on Friday said that India has achieved “One Nation, One Grid” and will now be able to transmit power from one corner of the country to another.