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Electricity from the central pool will not be allocated to states and UTs which will impose taxes on clean energy projects, impede the inter-state flow of power and have not cleared subsidy dues on electricity tariff, according to an official order. The Ministry of Power in an office order also stated that the power from the central pool will not be allocated to those states which have regulatory assets. Regulatory assets come into existence when power regulators acknowledge that the tariffs imposed on electricity consumers do not adequately cover the power purchase costs of distribution companies (discoms). Certain aspects will be examined whenever a request will be received from any state/union territory (UT) for allocation of power from the unallocated quota of Central Generating Stations, the order dated March 31, 2023, said. The ministry will take into account non-creation of regulatory assets and timely payment of subsidy declared, if any, in the consumer tariffs by the state
The industrial sector is the biggest consumer of electricity and accounted for 41 per cent of the 1,296,300 gigawatt hours of electricity consumed in India in 2021-22
Power tariffs for imported coal-based plants should cover their costs as well as a "reasonable profit margin," the Central Electricity Regulatory Commission (CERC) said in an order dated Jan 3
The single-day peak demand for power is expected to increase by up to 35,000 MW in April 2023 and the government has started preparations to meet the same, Union minister R K Singh said on Wednesday. Speaking to PTI, the minister for power, new & renewable energy said he is taking up a meeting this evening to review the preparation of the expected demand which will be seen in April next year. According to official figures, the maximum all-India power demand met at 2:51 pm in April 2022 was 201.066 GW. The single-day demand is expected to grow by 30,000 MW to 35,000 MW in April, Singh said on the sidelines of the launch of 'Plan on Transmission System for integration of 500-MW non-fossil Fuel Capacity by 2030'. "Today, on a daily basis the demand is 20,000 MW-25,000 MW more over the corresponding day last year...The meeting is about what will be the demand in April and how prepared we are to meet that," he said. Power Secretary Alok Kumar, Chairperson of the Central Electricity ...
Railway freight traffic numbers were higher than before
The govt wants to usher in 'much-needed reforms' in the power distribution sector with the Electricity (Amendment) Bill 2022. But the Bill met with stiff resistance. Here's both sides of the debate
The new guidelines expanding consumer choices to green energy will remain subject to the uncertainties and quirks of state policy
Nearly all the electricity users across categories in Maharashtra will be paying more for every unit of electricity they consume over the next four months, power utilities said on Friday. The Maharashtra Electricity Regulatory Commission (MERC), the sector regulator, has approved discoms' requests for accumulated fuel adjustment charges (FAC), which will result in higher payouts. The FAC charges are for higher costs borne by discoms in arranging power either by way of paying higher charges for short-term power supply or imported coal, which surged because of geopolitical tensions, experts pointed out. Consumers will have to pay the higher FAC for four months till November 2022 billing cycle, industry sources said, adding that the actual payments will differ from discom to discom, and also as per the category a consumer falls under. An official from the state-owned Maharashtra State Electricity Distribution Company (MSEDCL) said the increase is as per the MERC order. "The FAC duly
Under Saubhagya, the Centre provided 60 per cent of the project finance to states for giving connections to rural households, and the rest was borne by states
Threshold brought down to 100 kW from 1 Mw; open access allows consumer to buy power from a source of its choice
New far-off plants are costlier and start supplying power much after the older ones have been run at peak. This summer, despite the call to phase out plants over 25 years, they've proved their worth
Multiple regions of India have already been edging close to critical wet-bulb temperatures over the past week
Coal supply reforms are medium term, but they have created an immediate surge in demand. The result is a power crisis
States such as Punjab, Uttar Pradesh, Maharashtra, Haryana and Andhra Pradesh are witnessing powercuts amid low coal stocks
IndianOil is gearing up to provide EV charging facilities at 10,000 fuel stations in the next three years, said Director, Marketing V. Satish Kumar
According to the data, peak power demand met or highest supply in a day rose to 192.07GW in the month under review compared to 189.39 GW in January 2021, and 170.97 GW in January 2020
Here are the best of Business Standard's opinion pieces for Wednesday
Can we really give up on fresh coal-based plants? And still meet the goal of 24x7 electricity for all? A number of connected issues have to be examined before coming to a conclusion
Thanks to renewable power boom, the marginal cost of electricity will continue to drop sharply and India will emerge as the least expensive producer of renewable energy, he said