Power produced from wind and solar projects will become viable, and more attractive for discoms as the government last week waived off inter-state transmission charges for wind and solar projects commissioned till March 2022, in a bid to encourage the use of power generated through these sources.
To achieve the target of having 60 gigawatt (GW) of installed wind energy capacity by 2022, the government has invited tenders for 2,000 MW of wind power projects connected to the inter-state transmission system.
Wind developers are up in arms against Andhra Pradesh discoms for insisting on an arbitrary discount, appropriating a specific benefit the Centre grants renewable energy developers, verbally harping on renegotiating power purchase agreements and threatening not to pay for any excess power provided above an agreed threshold. “They are compulsorily deducting 2% of the tariff, […]
India’s largest power generator NTPC to develop charging infrastructure for all segments of E-Vehicles
Marking its entry into Electric Vehicle arena as new business venture, NTPC has signed up Jabalpur City Transport Service for setting up the charging infrastructure for all segments of EVs across the city.
The renegotiation of tariffs under renewable power purchase agreements (PPAs) by quoting high tariffs is not an apparent option available with state discoms.
All Is Not Lost In Stressed Power Projects, Railways, PPAs, Electric Vehicles To Be Growth Drivers: ASSOCHAM Study
“Stressed assets remain a key concern for power sector in India. Out of the 24 stressed projects having capacity of 41.81 GW, 8,300 MWs are without any power purchase agreements (PPA), 9500 MW capacity are having partial PPAs.
In what seems a throwback to history, only six states and one Union Territory among the 31 that had signed up since November 2015 for the power discoms’ revival scheme Ujwal Discom Assurance Yojana (UDAY) have reported meeting the respective FY17 targets to reduce aggregate technical and commercial (AT&C) losses.
Government’s UDAY scheme has helped debt laden DISCOMs of 24 states to reduce losses to Rs 36,905 crore in 2016-17 from Rs 51,590 crore in the previous fiscal, Parliament was informed today.
Christmas has arrived early in Telangana, with discoms making it clear on Thursday that there will be no power tariff hike for 2018-19 financial year.
The country can save up to Rs 54,000 crore in power costs and reduce air pollution by replacing expensive coal plants with renewables, according to a new analysis by GreenpeaceIndia.