Page 16 - Power Sector

PFC plans to raise Rs 1.18 trillion, eyes domestic retail bond market

Fund will help the firm make up for the loss in borrowing during lockdown

CIL's coal allocation to power sector under e-auction rises 5.9% in Apr-Nov

State-owned CIL's coal allocation to the power sector under the special e-auction saw a 5.9 per cent rise to 17.96 million tonnes (mt) in the first eight months of the current financial year.

New electricity rules give consumers across India the right to 24x7 supply

DISCOMs have to ensure minimum standard of service under Electricity (Rights of Consumers) Rules, 2020

Fuel supply by CIL to power sector drops 5% to 277 MT in April-November

Coal supply by state-run CIL to the power sector declined by 5.3 per cent to 277.46 million tonne (MT) in the April-November period of the ongoing fiscal. The state-owned company had supplied 292.88 million tonnes of coal to the power sector in the corresponding period of the previous fiscal, according to official data. In November the fuel supply by Coal India (CIL) was almost flat at 39.38 MT against 39.12 MT in November last year. The fuel supply by Singareni Collieries Company Ltd (SCCL) to the power sector in the eight-month period dropped by 35 per cent to 22.37 MT from 34.44 MT a year ago. In November, the fuel supply by SCCL declined to 3.9 MT from 4.62 MT in the corresponding month of previous fiscal, it said. CIL is a major supplier of the dry fuel to the power sector in India. The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the ...

India only market in A-Pac with negative power sector outlook: Moody's

Stabilising cash flows amid power demand recovery, gradual pace of regulatory change and manageable transition to a low carbon economy underpin Moody's stable outlook for Asia-Pac power sector in 2021

Why domestic RE equipment manufacturers are struggling to make their mark

In the absence of a settled policy towards the sector, the domestic renewal energy sector remains where it has been for the past 15 years

Early winter: Power consumption growth slows to 4.7% in November

India's power consumption growth rate slowed to 4.7 per cent at 98.37 billion units (BU) in November this year amid the onset of early winters especially in the Northern part of the country. In November 2019, electricity consumption in the country was recorded at 93.94 BU, as per government data. Power consumption had entered positive territory in September and recorded double-digit surge in October, showed the power ministry data. In September this year, power consumption recorded a growth of 4.4 per cent at 112.24 BU, compared to 107.51 BU in the same month last year. India's power consumption grew by nearly 12 per cent to 109.53 BU in October this year, as against 97.84 BU in the same month last year. According to experts, the onset of early winters especially in the Northern part of the country has affected power consumption. Economic activities are almost near normal due easing of lockdown, they said adding that growth in power consumption would continue in coming ...

The 'stunner' from India

India's rooftop solar installations are a little over 10% of the 40-Gw target set for 2022

Power sector employees stage protest against privatisation of discoms

Power sector employees on Thursday held nationwide protests against the government's decision to privatize discoms, the All India Power Engineers Federation (AIPEF) said. They also demanded withdrawal of Electricity (Amendment) Bill 2020 and scrapping of the standard bidding document (SBD). "Lakhs of power sector employees including engineers, today held nationwide protests seeking the withdrawal of Electricity (Amendment) Bill 2020, scrapping of SBD and opposed the privatization of power distribution companies (discoms) in states and union territories," AIPEF spokesperson V K Gupta said in a statement. Gupta said protest meetings were held in all the states and union territories, including Uttar Pradesh, Punjab, Haryana, Jammu & Kashmir, Maharashtra, Telangana, Tamil Nadu, West Bengal, Gujarat, Madhya Pradesh, Assam, among others. He noted that the power engineers did not join Thursday's strike called by ten central trade unions and just staged a simple protest to highlight

Govt plans separate electricity distribution channel for industries

To create manufacturing hubs in each state that will be offered to private firms

IoT meter adoption needs to pick up pace

The rise of Internet of Things (IoT)-based meters is attempting to bring accountability in a poorly regulated sector

Our media properties will be assets for future: Sanjiv Goenka

In a Q&A, the company's chairman dwells on his firm's deal with Hola SL and says more deals in media could happen in the future

SBD: A useful first step in power reforms

Power ministry is setting the stage for much-needed investments and efficiencies into the sector through privatisation of discoms - with a framework in the form of a draft Standard Bidding Document

India's power consumption up 13.38% in Oct as industrial activity revives

India's power consumption grew 13.38 per cent to 110.94 billion units (BU) in October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data. Electricity consumption in the country was recorded at 97.84 BU in October 2019, showed the power ministry data. Experts earlier last month had exuded confidence that the power consumption would grow by double digits in October on the basis of the extrapolation of half-month data. The power consumption had grown 11.45 per cent to 55.37 BU during October 1 to 15, against 49.67 BU, in the corresponding period a year ago. A double-digit growth in power consumption in October, experts said, gives sufficient indication that commercial and industrial demand has perked up with with easing of lockdown restrictions and will improve further in coming months. The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards

Best of BS Opinion: Coupling of power exchanges, regulatory overkill & more

Here's a selection of Business Standard opinion pieces for the day

Maharashtra Minister asks state utility to add 2,000-MW unit near Mumbai

In the aftermath of the massive power outage in the financial capital, Maharashtra energy minister asked state-run power generation firm to add gas-based capacity of up to 2,000 MW in vicinity of city

CIL coal supply to power sector drops 10% in 1st half of FY21 to 198 MT

The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the country

Power consumption up 11.45% in October driven by industrial activity

The extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month

How Jharkhand's rich households corner power subsidies worth Rs 300 cr

Jharkhand's electricity consumers received a total subsidy worth Rs 1,250 crore ($170 million) during April 2018-March 2019 (or financial year 2018-19)

Weekly economic indicators: Power, freight numbers up; traffic holds steady

Economic recovery on even ground even as government announces fresh stimulus