The power ministry Thursday said it has approved proposal for early regulatory nod by CERC for transmission schemes for 66.5 GW renewable energy generation in order to fast-track green projects in the country.
The power ministry’s second auction for procuring 2.5 GW of thermal power in medium term at a higher tariff of Rs 4.41 per unit compared to Rs 4.24 per unit in the first round is positive for power producers, but signing of sale agreements with discoms remains crucial, ICRA said on Thursday.
The Power Ministry is likely to issue soon new norms for bringing greener options of electricity transmission cables like aluminium to protect environment from ill-effects of lead-based equipment, according to a source.
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.