POWERGRID has signed an Memorandum of Understanding (MoU) with Ministry of Power, Government of India for Financial Year 2019-20 on 24th May 2019 in New Delhi.
Privately owned power generating companies which are reeling under escalating dues have asked Ministry of Power to provide Trade Receivables Discount System (TReDS) facility to them the way it has been provided to MSMEs.
The Ministry of Power has written to the Central and State Electricity Regulatory Commissions to enforce tariff rationalisation for hydropower projects. These measures are expected to bring down tariff for power generated from a new hydropower project, a Power Ministry notification said.
Niti Aayog CEO Amitabh Kant will head the National Mission on Transformative Mobility and Battery Storage, which is being set up to promote clean and sustainable mobility initiatives in the country.
Power Grid Corporation of India announced that the Ministry of Power conveyed that the President has appointed Ghanshyam Prasad, Chief Engineer, Ministry of Power as Govt.
Light At The End Of A Long Tunnel: India Just 28,594 Households Away From Achieving 100 Per Cent Electrification
As per latest data released by the Ministry of Power, only 28,594 households in India are left to be electrified for the country to achieve 100 per cent electrification, reports Financial Express.
PM lays foundation stone for 7 Extra High Voltage Sub-stations and 24 Low Tension Sub-stations in Arunachal Pradesh
Prime Minister Narendra Modi on Saturday laid the foundation stone for 7 Extra High Voltage (EHV) Sub-stations and 24 Low Tension (LT) Sub-stations in Itanagar, Arunachal Pradesh.
The Ministry of Power (MoP) has constituted a new committee to study and submit its recommendations into the issue of delayed payments by distribution companies (DISCOMS) to power generating companies (GENCOs) and Independent Power Producers (lPPs).
The Union government has plans to invite bids for Rs 16,000 crore worth of power transmission projects this year (2019), with most of them connecting renewable energy projects to the grid, reports Business Standard (BS).
The power ministry has recommended ‘maharatna’ status for Power Grid Corp of India Ltd (PGCIL), the country’s largest power transmission company, according to an official.