Even as stressed assets with a combined capacity of 32 gigawatts are on the verge of insolvency — another 7-gigawatt capacity is already undergoing the insolvency process at the National Company Law Tribunal
In its latest ruling, the Maharashtra Electricity Regulatory Commission (MERC) has provided relief to Mohite Industries, a small hydro project developer of a 10 MW Radhanagari small hydro power project in Maharashtra.
India recently achieved the milestone of 25 GW of installed solar capacity but the market has slowed down after safeguard duty announcement and other risk factors. Mercom sat down with Statkraft Solar Solution’s managing director
The state is facing a shortage of up to 1,000MW and is enforcing load shedding in high loss areas classified under G1, G2 and G3 categories.
Power generation utilities have blamed coal companies for the load shedding being done in the state. They have pointed out that Western Coalfields Limited (WCL) and other coal companies are not supplying contracted quantity of coal
Even after the central government’s special scheme to provide electricity to all poor households, around 10 lakh houses in 21 districts of western Uttar Pradesh don’t have any electricity connection. Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL
Power discom TPDDL, supplying electricity to nearly 70 lakh consumers in north and northwest Delhi, on Saturday claimed it has suffered a huge annual loss of Rs 150 crore due to power theft in some pockets of its distribution area.
By last week, more people had begun to realise that the emperor actually had no clothes on. Maharashtra Energy Minister, Chandrashekhar Bawankule, informed the state legislative assembly that at least three (state-owned) power companies