The power ministry has appointed Indu Shekhar Jha, chairman and managing director, Power Grid Corporation of India (PGCIL), as member of the Central Electricity Regulatory Commission (CERC). Ravi P Singh,
In a bid to accelerate the renewable energy capacity addition in the country, the Union Power Ministry for Power has notified shorter timelines for players to set up solar power projects once the power purchase agreements are signed, reports Financial Express (FE).
The Finance Ministry’s proposal to raise Rs 14,000 crore through the merger of Power Finance Corporation (PFC) and Rural Electrification Corporation (REP) has left the Ministry of Power worried about the financial health
The power ministry would soon bring an electric vehicle (EV) charging infrastructure policy, which will also allow individuals to set up charging station for commercial use to boost e-mobility, said Power and New & Renewable Energy Minister R K Singh Sunday.
The Power Ministry Friday launched an ambitious programme on energy efficiency in chillers that consume more than 40 per cent of total energy in commercial buildings.
The Power Ministry Friday gave a detailed presentation to a high-level empowered committee on measures to deal with problems of struggling power assets, a source said.
The Power Ministry has sought comments on a revised draft of the Electricity Amendment Bill which seeks to separate carriage and content businesses to enable consumers to switch their power suppliers as they do for telecom services.
Good News For Electricity Consumers: India To Have Oversupply Of Power After Missing Targets For 2 Years
India forecast for a third year that it will be able to supply more electricity than its distribution companies require as generation and transmission capacity rises.
Stressed power assets have got a major boost as the power ministry has strongly recommended substantial changes to the RBI’s controversial Feb 12 circular on loan defaults that industry says will send capacity of 30,000 megawatts into liquidation, while the coal ministry has assured higher fuel supply to thermal plants with the help of auctions.
Power Minister RK Singh said Coal India has given assurances of meeting the power ministry’s coal demands, and said he was in regular touch with the ministry of coal and ministry of railways, regarding the shortage of coal.