The Memorandum of Agreements (MoAs) for purchase of 1000 MW wind power under MNRE’s first wind auction Scheme were signed here today
Just clocking profits is not our prime motto, our main aim is to go on providing reliable, affordable and quality power to consumers, Gurdeep Singh, CMD, NTPC.
From being a coal based generation company, today NTPC is generating power from all sources be it solar, wind, gas or hydro.
Mr Gurdeep Singh leads India’s largest power generation company, NTPC Ltd as its chairman and managing director. Just few days back, NTPC achieved a significant benchmark of becoming a 50,000 mega watt company. In an exclusive interview (his first after the landmark achievement of NTPC becoming a 50,000 mw plus company) to the Founder and Editor of EnergyInfraPost.com, Anupama Airy, Mr Singh spoke in detail about the company’s achievements so far and the plans ahead.
Benefits Of UDAY Scheme Have Started Showing With Steep Fall in Financial Losses of States, Piyush Goyal
More than the menace of T&D losses is the problem of unaccounted or unmetered connections that have not been shared by certain states. There were 63 lakhs unmetered connections in Uttar Pradesh, a trend that was so far kept under wraps by the previous state government.
Impressive reduction in financial losses of states who have joined the UDAY (or Ujwal DISCOM Assurance Yojana) scheme have come to fore. Union minister of power, coal, RE and mines Piyush Goyal shared on Monday how the financial losses of Tamil Nadu are expected to come down by one-third this year while that of Rajasthan (that stood at Rs 15000 crore) will come down to about Rs 5500 crore.
In the last two and half years, Indian power sector has undergone a visible transformation across its complex value chain.
The renewable energy is the new topic of the town. The increasing demand for a cost-effective, clean, and sustainable energy along with the rising concern related to the climate change had a major impact not only on India but also all over the world.
State-owned power giant NTPC is weighing the option of snapping power supplies to BSES Yamuna Power Ltd (BYPL), which distributes electricity in Delhi, for delay in payment of its dues.
With power distribution reforms gained momentum soon after the application of EA 2003 (where it was believed to be coined in mid 90’s) , Indian power distribution utilities came along way since then.
Last week’s successful wind power auction could be a mixed blessing for wind solutions providers Suzlon Energy Ltd and Inox Wind Ltd.
The power distribution reforms scheme, Ujwal Discoms Assurance Yojana (UDAY), is improving, slowly, the financials of distribution companies (discoms).
A society headed by a former chairman of the Madhya Pradesh Electricity Board P L Nene has said that there will be no growth in demand for power in the coming financial year 2017-18.