The Ministry of Power has drafted a model plan for states to have multiple private franchisees as power suppliers, opening up the distribution sector in India. This paves the way for the second round of reforms by the Bharatiya Janata Party (BJP)-led central government
Union Power and New and Renewable Energy Minister R K Singh will visit Kashmir tomorrow to review different development projects in the power sector in Jammu and Kashmir. After the abrogation of Article 370, this will be the first visit of R K Singh to Kashmir.
The government is in the process of rolling out a new tariff policy and UDAY 2.0 to address the issue of losses of discoms, which is the “only difficulty” in ensuring round the clock electricity supply for all, Power Minister R K Singh said.
Union Power Minister R K Singh on Friday said that India has achieved “One Nation, One Grid” and will now be able to transmit power from one corner of the country to another.
The power ministry has put conditions to check possible misuse of the rescue package for stressed coal-fired power stations as well as ensure fair play by both generation and distribution companies on the issue of making payments on time.
Raj Kumar Singh, Minister of State (MoS) Independent Charge for Ministry of Power, has asked all distribution companies (discoms) to provide unconditional Letter of Credit (LC) for power purchases.
All India Power Engineers Federation (AIPEF) strongly opposed the order of Ministry of Power, Government of India to make it mandatory to open and maintain adequate Letter of Credit (LC) as payment security systems by Discoms.
Power minister RK Singh has brought home minster and ruling Bharatiya Janata Party president Amit Shah in the loop on the Andhra Pradesh government’s decision to renegotiate tariffs for over 5 MW renewable energy projects.
Senior bureaucrat and former finance secretary Subhash Chandra Garg on Friday took over as the new Power Secretary.The senior most officer in the Ministry of Finance, Garg was shifted to the Power Ministry on Wednesday.
In new tariff policy of electricity bill, Companies will have to charge different amount for different hours. This tariff policy is also focusing on 24×7 electricity supply.