Engineers of state electricity boards from across the country have come out against the revised draft of the Electricity Amendment Bill enabling private operators to supply power to consumers in their areas.
Employees of state electricity departments from all over the country have crossed swords with the Union Ministry of Power which has come out with a revised draft of the Electricity Amendment Bill
Higher electricity demand, coal shortage, lower wind and hydropower generation have kept electricity prices higher.
India’s witnessed the highest monthly trade of electricity in the spot market in October with companies buying and selling a record 7,125 million units in the Day-Ahead and Term-Ahead markets combined.
Cross-border electricity trade in the South-Asian region has the potential to grow to 60,000 Mw through 2045 with the likely strengthening of regional power cooperation among countries including India, Bhutan, Bangladesh, Nepal, Pakistan, Sri Lanka and Myanmar.
The reduced cost and time taken to get a power connection in the metro cities of Delhi and Mumbai over the past year is among the main reasons why India gained in the World Bank’s latest Ease of Doing Business ranking.
Five states including Telangana, Tamil Nadu and West Bengal have signed agreements to buy 1,900 MW of power at a discovered tariff of Rs 4.24 per unit for seven electricity generators, the government said Wednesday.
The electricity department is in the process of making the state load dispatch centre at Margao functional round-the-clock to ensure the state schedules its power consumption accurately and saves crores of rupees in unscheduled purchases.
The All India Power Engineers Federation (AIPEF) on Sunday termed the changes proposed in the Electricity Act, 2003 as a matter of serious concern, as this will concentrate all powers in the electricity sector in the hands of Central government and eventually lead to complete privatisation of power distribution in the country.
The suburban Mumbairesidents may have to pay a little extra for electricity if state power regulator Maharashtra Electricity Regulatory Commission (MERC) accepts Reliance Power’s (R-Power) application demanding tariff hike.