Payment dues of renewable energy generators are mounting, as distribution companies of states such as AP, Tamil Nadu and Telangana have been falling back on payments for electricity contracted. The dues were pegged at close to Rs 10,000 crore upto July 31. https://t.co/OdLltL1DQL
The JERC has sought status report on the implementation of power sector reforms from the Chandigarh administration. A senior UT official said the process to implement power sector reforms is on and soon they will submit their reply to the JERC. Read more: https://t.co/O3SFkpSnf9
"Electricity distribution remains to be the weakest link in the power supply chain hence, the only viable option to improve the utilities’ operational efficiency is through privatisation," states Sanjay Banga, Tata Power-DDL. Read more here:https://t.co/4X0TktClRi
"We have to make sure that the Indian power sector attracts investments. That would happen only when there is Ease of Doing Business and sanctity of contracts is not violated," states Union Power Minister, RK Singh. Read the full story here: https://t.co/rDzqgUsNuM
Private players cried foul and lodged complaints to the CERC, alleging that NTPC was eager to sign power purchase agreements (PPAs) on a cost-plus basis because it was quoting tariffs much higher than its private counterparts in competition. https://t.co/fbH9zk0H4P
Energy Ministers from 14 States – Andhra Pradesh, Goa, Gujarat, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Rajasthan, Sikkim, Tripura, Uttarakhand and Uttar Pradesh, are participating in the Conference of Power & Renewable Energy Ministers of States & UTs, Gujarat.
R.K. Singh, Minister of Power & Renewable energy has urged states to maintain the *sanctity of contracts* and make timely payment to power generating companies. Read more here: https://t.co/hLFMHFE52K
Power Minister R. K. Singh made scathing remarks on states dishonoring power contracts and giving free power, and imposing high tariffs on industry, asking them to put state welfare before elections. Read more here: https://t.co/OLsLuPV2GP
Trade unions have called the strike to oppose the government’s decision to allow 100 percent foreign direct investment (FDI) in the coal sector and coal infrastructure. Read more here by Anshu Sharma: https://t.co/THMhno80ks
"Coal shortage puts Rs 5 trn investment in power plants at risk". S C Garg stated Coal India should be made professionally more efficient as importing 20% of the coal requirement of the country is "untenable". Read more: https://t.co/FhMDKHRh1C
The International Energy Agency said it expects renewable capacity additions to grow by almost 12 percent this year, the fastest pace since 2015, to reach almost 200 gigawatts (GW), mostly thanks to solar PV and wind power @MinOfPower
Read more here:
https://t.co/SwL8avjlwL
APTEL asks power regulators to explain no tariff revisions. Govt. data shows Rs 52, 546 crore outstanding payments to power companies. Read more at:
https://t.co/8DSadw6bBx
@MinOfPower
Gujarat's power sector was in a shambles in 2001, when Narendra Modi became chief minister. A decade later it is in the forefront of states that have carried out sweeping power reforms, as a result of which it now has surplus power, reports by N. Madhavan: https://t.co/Lv5rH51Bn3
Letter of credit system making discoms more disciplined, says Power Minister RK Singh. The minister said “one of the reasons of the legacy dues was rising outstanding from the government departments to discoms”. @MinOfPower@RajKSinghIndia Read more: https://t.co/MflUxuboXm