Raj Kumar Singh, Minister of State (MoS) Independent Charge for Ministry of Power, has asked all distribution companies (discoms) to provide unconditional Letter of Credit (LC) for power purchases.
All India Power Engineers Federation (AIPEF) strongly opposed the order of Ministry of Power, Government of India to make it mandatory to open and maintain adequate Letter of Credit (LC) as payment security systems by Discoms.
Power minister RK Singh has brought home minster and ruling Bharatiya Janata Party president Amit Shah in the loop on the Andhra Pradesh government’s decision to renegotiate tariffs for over 5 MW renewable energy projects.
Senior bureaucrat and former finance secretary Subhash Chandra Garg on Friday took over as the new Power Secretary.The senior most officer in the Ministry of Finance, Garg was shifted to the Power Ministry on Wednesday.
In new tariff policy of electricity bill, Companies will have to charge different amount for different hours. This tariff policy is also focusing on 24×7 electricity supply.
Union Minster R K Singh Sunday said the aim of the Centre is to have “One Nation One Grid” and pay damages to consumers in case of load sheddings. The government will soon go ahead with structural reforms to achieve the objective of “One Nation One Grid”
Power industry on Monday pitched for moving towards 100 per cent tariff based competitive bidding for energy and renewable sector projects to attract investment and make services affordable for consumers.
The power ministry proposes to conduct reverse e-auction to select gasfired stations that will be offered subsidised imported fuel under a bailout package for 24,000-MW stressed projects.
Minister of state for power and renewable energy RK Singh, a bureaucrat-turned-politician, spoke to Anisha Dutta about the Bharatiya Janata Party (BJP)-led central government’s plan to draft a new power tariff policy
India will add 131.31 GW of power generation capacity during 2019 to 2022, Parliament was informed Tuesday. “Based on the present preparedness of projects, the likely power generation capacity addition during 2019 to 2022 is likely to be 1,31,316 MW,”