Page 3 - Electricity Sector

30% consumers yet to apply for monthly electricity subsidy: Delhi govt

Nearly 30 per cent of the electricity consumers and subsidy beneficiaries are yet to apply for the power subsidy even as the last date of application, October 31, inches closer, government officials said on Friday. According to officials, over 33 lakh electricity consumers have so far applied for the power subsidy in the national capital. Delhi Chief Minister Arvind Kejriwal had last month announced October 31 as the deadline to apply for power subsidy for the month. He had said that those who do not apply for the subsidy will have to pay their non-subsidised bills but can apply next month. There are 58 lakh domestic power consumers in Delhi, of whom 47 lakh avail the subsidy. Officials said that 33,14,488 lakh electricity consumers have applied for power subsidy, while the remaining 13.85 lakh consumers are yet to do it. This means that around 29.47 per cent of the electricity consumers availing subsidy, are yet to apply for it. The last date is October 31, a government official

Adani Transmission wins Rs 1,300-cr smart meter deal from Mumbai's BEST

Devices enable customers to online monitor their power consumption, says Adani about multi-year deal

DY Chandrachud to head panel for appointment of electricity tribunal

The position of the chairperson of APTEL has been vacant since August 2021

'India to have over 65% power gen capacity from non-fossil fuels by 2030'

India will have more than 65 per cent of its power generation capacity from non-fossil fuels by 2030, Power and New & Renewable Energy Minister RK Singh said on Monday. Addressing a CII conference on green energy, he explained that India is aiming for 65 per cent of power generation capacity from non-fossil fuels but the country will have more than that. India will have 90 GW of solar equipment manufacturing capacity by 2030, up from 20 GW at present, he added. He also informed that about 15-20 GW of solar equipment manufacturing capacity is under construction and India will have 40 GW of such facilities under Production-Linked Incentive Scheme-II (PLI-II). "We shall have 90GW plus solar manufacturing capacity by 2030 right from the polysilicon to modules. We already have 20GW (solar manufacturing capacity). we already know that 15-20 GW of solar manufacturing capacity is under construction. You will further have 40 GW of solar manufacturing capacity (addition), which is going to .

Tata Power hit by cyber attack, says critical systems functioning

The company did not divulge which systems were impacted

Recovery tracker: Vehicle registrations in latest week up 15% over 2019

Better aviation traffic in seven days to Oct 2, freight numbers improve

Strike by electricity dept staff in Puducherry 'illegal,' says official

The Union Territory administration on Sunday declared as 'illegal' the ongoing strike by electricity department staff to protest the decision to privatise power distribution. In a statement, secretary, power department, T Arun said, "The strike is illegal under section 3 (q) of Industrial Disputes Act, 1947 and employees resorting to strike are liable for action as per rules". He said the period of strike will also be considered "a break in service". The secretary appealed to the staff to call off their agitation and return to their normal duties failing which "necessary action would be taken as per rules". Arun said the government had proposed to privatise power distribution "to increase efficiency and consumer satisfaction". He said "Section 133 of the Electricity Act, 2003, ensured all safeguards, that there would be no shortfall in the salary of employees and they would draw the monthly salary regularly as is being paid at present by the government". He said delegates of the

Recovery tracker: Power generation, consumption lower than before

Decline also seen in vehicle registrations, railway freight growth

Electricity Bill will pave the path for privatisation: AIPEF chairman Dubey

"The AIPEF is opposing the Electricity (Amendment) Bill, 2022, in the larger interest of the consumer and the power sector itself," said Dubey

Recovery tracker: Lower mobility, power generation in week ended Sept 14

Railway freight traffic numbers were higher than before

Discoms outstanding late payment surcharge dues dip sharply to Rs 713 cr

Outstanding dues of power distribution companies towards gencos declined sharply to Rs 713.29 crore on Friday from Rs 5,085.30 crore as of August 17 following a strict action against defaulter utilities. The defaulter utilities were barred from trading at power exchanges under the Electricity (Late Payment Surcharge and related matters), Rules 2022 notified by the power ministry in June 2022. Last month, the national grid operator Power System Operation Corporation Ltd (POSOCO) asked three power exchanges -- IEX, PXIL and HPX -- to restrict electricity trading by 27 discoms in 13 states having outstanding dues towards gencos. The latest update regarding late payment surcharge dues on PRAAPTI portal showed that three discoms in Karnataka and one in Jammu & Kashmir have total outstanding dues of Rs 713.29 crore on September 16, 2022. The outstanding dues were Rs 5,085.30 crore on August 17, 2022. The PRAAPTI stands for Payment Ratification And Analysis in Power Procurement for ...

Servotech sets up Techbec Industries to make batteries, allied activities

Servotech Power Systems on Friday said it has incorporated a subsidiary, Techbec Industries Ltd, for manufacturing batteries, particularly lithium-ion batteries, and other allied activities. Servotech Power Systems will be the holding company of Techbec Industries Ltd (TIL) and would hold 63.5 per cent share capital in the newly established battery manufacturing entity, the company said in a regulatory filing. The new subsidiary has been incorporated with the authorised capital of Rs 10 Lakh, the filing added. "India must produce its own lithium-ion batteries in order to achieve its EV (electric vehicles) goals without importing any," Raman Bhatia, Founder and Managing Director, Servotech Power Systems said in the statement. The newly launched subsidiary will be an integrated battery storage solution in the market, facilitating its goal of indigenizing battery manufacturing for EVs, E-rickshaws, and varied solar-powered solutions, he said. TIL intends to bring specific focus to ..

Rajasthan to tap solar energy to fulfil electricity demand in agri sector

Rajasthan's solar generation potential has been assessed at 142 Gw. The state government plans to harness this potential systematically and has set an ambitious target of 30 Gw capacity by 2024-25

Tamil Nadu: Revised power tariff comes into effect despite opposition

The revised power tariff of the Tamil Nadu Generation and Distribution Corporation Ltd (TANGEDCO) came into effect on Saturday despite opposition by various political parties. The new tariff, approved by the Tamil Nadu Electricity Regulatory Commission (TNERC), however, retained the existing scheme of providing 100 units free to domestic, multi-tenements, old age homes and handlooms consumers. The domestic consumers will have to pay Rs 4.50 per unit consumed, as against Rs 3 per unit up to 500 units, up to 400 units for two months and Rs 6.50 per unit from 401 to 500 units, and Rs 8 per unit for 501 to 600 units. The cost will be Rs 9 a unit for up to 601 to 800 units consumed, Rs 10 per unit will be charged for 801 to 1,000 units while Rs 11 per unit will be levied for above 1,000 units. The common supply for lighting and motor pump in small apartments and additional connections in individual apartments should be brought under the new category LT-ID where each unit is charged Rs 8

IEX total trade volume dips annually by 18% to 7,805 mn units in August

The total trade volume of Indian Energy Exchange (IEX) registered an 18 per cent annual decline in August to 7,805 MU (million units). The total trade volume in August 2021 was at 9,538 MU, an IEX statement said. However, on a month-on-month basis, IEX registered a 9 per cent growth in August. In July 2021, the total power trade volume was 7,151 MU. The total trade volume of 7,805 MU in August, 2022, comprised 6,517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU (8.51 lakh Certificates) in the REC Market, according to the statement. The average clearing price in the Day-Ahead market increased 2 per cent YoY (year-on-year), from Rs 5.06 per unit in August'21 to Rs 5.17 in August '22. The supply-side constraints continued due to high prices of imported coal, fuel shortage and increased e-auction prices, it said. The Day-Ahead Market volume at 3,529 MU, registered a flat growth on a month-on-month basis. Although imported coal prices remained high

Recovery tracker: Workplace visits at record high; air traffic declines

There were around 314,000 air passengers as of Sunday, September 4, based on a rolling seven-day average. It was around 331,000 as of Sunday, August 28

Power exchanges clock growth despite pending discom dues worth Rs 1.32 trn

A third player starts operations, pointing to the potential of this nascent business

Rising prices of natural gas, coal spur revival of nuclear power in Asia

The embracing of nuclear energy comes after the prices of natural gas and coal, the two fossil fuels used to generate most of Asia's power, shot to records this year as Russia's invasion of Ukraine up

Andhra Pradesh government says it doesn't owe any money to power gencos

The Andhra Pradesh government on Friday maintained that it owed no money to the power generators for electricity purchased through the power exchanges. Power System Operation Corporation Ltd (POSOCO), a Government of India enterprise, has asked three power exchanges -- IEX, PXIL and HPX -- to restrict electricity trading by 27 discoms in 13 states having outstanding dues towards gencos. AP was listed as one of the states that had outstanding amount to the gencos. AP Special Chief Secretary (Energy) K Vijayanand clarified here on Friday that the state power distribution companies did not owe any money to the gencos. "We have cleared all the Rs 350 crore due. It was only due to a communication gap that AP was probably showing as having an overdue," Vijayanand said. Over the past few months, the state has been purchasing about 40 million units of electricity per day through the power exchanges for meeting its needs, AP Transco sources said. The overall electricity demand in the stat

Torrent Power and Sembcorp Industries in race to buy Vector Green Energy

The transaction is expected to have an equity value of 30 billion rupees ($377 million) and an enterprise value of 50 billion rupees