India’s electricity prices remained firm in the spot market due to a raft of reasons such as lower quantum of power being traded, demand increase in the wake of a retreating monsoon, and sellers such as Telangana turning buyers to meet its consumers’ demand.
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has given cash rewards worth Rs 41 lakh to people who informed it about power thefts in the last three years.
More consumers are taking to paying their electricity bills online, as the electricity department’s revenue from online payments has increased by more than Rs 20 crore from last year.
The Central Electricity Authority (CEA) has formulated a plan for developing transmission system to accommodate wind energy aggregating 4,950 MW.
Across the state, public sector electricity corporations are faced with the problem of unpaid dues from local administration bodies such as panchayats and municipalities.
As many as 5,000 households in Sirsa, Fatehabad, Hisar and Bhiwani, considered to be affluent districts of Haryana, are still without electricity in this era of technology.
For the next three months, city residents will have to shell out more for power as the UT electricity department has proposed an increase in fuel and power purchase cost adjustment (FPPCA) charges on the existing tariff.
During the first quarter (Q1) of financial year (FY) 2018-19, India’s power supply deficit declined to 0.6 percent, according to the Central Electricity Authority (CEA).
The electricity sector attracted the largest share of energy investments in 2017, surpassing the oil and gas industry for the second year in row, International Energy Agency (IEA) said today.
With the successful push for tapping the renewable energy, India, which once faced electricity shortage now has too much of it. India’s gross electricity capacity is much higher than the demand.