Revised tariff policy to be rolled out soon: R K Singh

The revised tariff policy has been cleared by a group of ministers and it is likely to be implemented within a month, Power Minister R K Singh said on Friday. The policy provides for steps like penalty for unscheduled power cuts by distribution companies. “The tariff policy which had been sent to Union Cabinet, was […]

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Tangedco reportedly rules out plea for rolling over banking of solar power

Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) has reportedly rejected the Industry plea on the possibility of rolling over the banking facility for captive solar power produced by industries during the lockdown. To meet daily power needs most industries in the State generate captive wind or solar power. According to The Hindu , banking […]

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Energy sector players hailed govt’s move to infuse Rs 90,000 crore liquidity

Energy sector players on Wednesday hailed the government’s move to infuse Rs 90,000 crore liquidity into power distribution companies (discoms), saying the stimulus will breathe a fresh life into the power sect They said that overall this Rs 20 lakh crore stimulus announced by Prime Minister Narendra Modi will revive the COVID-19 hit economy, adding […]

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Solar Industry in a Post Pandemic World

COVID-19 is acceleratingly affecting nations across the globe, and bringing daily life and economies to a standstill. The biggest concern of the novel coronavirus outbreak is the uncertainty it holds. Solar, like most other industries is facing its own share of challenges today, and is struggling to meet its target of 100 gigawatt (GW) installed […]

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Tug of war between REC group and Hanwa Q cells on patent continues

Last year in March Chinese firm Hanwa Q Cells filed a patent infringement complaint with the Federal Court of Australia against REC Solar Pte. Ltd. (“REC”), a part of the European headquartered REC Group. Now , after a year now a rumours has been doing around that REC Group has filed a patent infringement lawsuit […]

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Utility-scale solar parks kick-started India’s energy sector transition: IEEFA

The Indian government set itself a formidable target in 2016: Install a massive 175 gigawatts of renewable energy by the 2021/22 financial year and 275 gigawatts by FY2026/27 to transform the country’s power sector from an expensive, unreliable, and polluting fossil fuel‑based system into a low-cost, reliable and low-emission system based on renewable energy. To […]

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Smart meters helping Discoms generate 95pc billing efficiency: EESL

State-owned EESL on Tuesday said that its smart metering programme (SMP) is helping distribution companies (discom) generate 95 per cent of billing efficiency during the lockdown. The discoms using smart meters have seen 15-20 per cent average increase in monthly revenue per consumer, the Energy Efficiency Services Ltd (EESL) said in a statement. The power […]

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India moves to 74th position on WEF’s global ‘Energy Transition Index

India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of economic growth, energy security and environmental sustainability, the World Economic Forum (WEF) said on Wednesday. Releasing the annual rankings, the Geneva-based international organisation for public-private cooperation said COVID-19 will compromise the transition to […]

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DISCOMs get Rs. 90000 cr lifeline with liquidity Injection

Finance Minister Nirmala Sitharaman on Wednesday announced a special liquidity infusion scheme for the fund starved power distribution sector. FM said the government will provide Rs 90,000 crore for the distribution companies (discoms) as part of its strategy to bring the country’s battered economy back on track. This is one of the 15 measures announced […]

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