Page 22 - Power Sector

BHEL bags battery energy storage system order under TERI consortium project

The Energy Resource Institute (TERI) on Wednesday said state-run engineering firm BHEL has won the bid for installation and maintenance of battery energy storage systems (BESS) worth Rs 2.51 crore. "BHEL emerged as best supplier of battery and associated equipment in a tender recently floated by TERI for installation and maintenance of battery energy storage systems (BESS)," a TERI statement said. According to the statement, BHEL has offered 410 kilowatt-hours (kWh) of cumulative battery capacity for a total cost of Rs 2.51 crore, including six years of comprehensive warranty and maintenance. There are very limited tenders of BESS in India so far and the responses to this tender have been received from reputed companies such as Larsen & Toubro, Mahindra Susten, Hero Solar, Honeywell Automation, Amara Raja, Okaya Power etc, it said. This level of interest from prestigious organisations in the tender signifies the transition of electricity distribution grid with increasing ...

Power Minister R K Singh points finger at lobby against PSU privatisation

The statement assumes significance when the Narendra Modi-led government had been mooting major strategic disinvestment

India's electricity demand rises after 5 months of decline, up 3.5% in Jan

January demand for electricity rose to 105.29 billion units from 101.71 billion units a year earlier, data from the Central Electricity Authority showed

Nirmala Sitharaman's Budget proposals to stimulate economic growth

The tax proposals are aimed at stimulating growth, simplifying tax structure, bringing ease of compliance and reducing litigation

Power sector: Big announcements but no extra funding; half-baked schemes

Centre's flagship scheme, KUSUM, which aims to provide solar-run irrigation pumps to farmers, has been allotted Rs 1,000 cr, or barely 0.01% of the total estimated outlay

Budget 2020: Rs 4,400-cr outlay for clean air, old power plants to be shut

The power sector is facing stress due to poor financial conditions of discoms in the country

Budget 2020: Rs 22,000 cr outlay for power, renewable energy sector in FY21

State governments need to replace conventional electricity meters with pre-paid smart meters in three years, she said

Budget 2020-21 wishlist: Key developments and challenges in power sector

The larger share of non-fossil fuel generation poses new challenges to state utilities

Despite relaxation in norms, 25 stressed power assets yet to be resolved

Of the 36 identified stressed assets, seven have been resolved through debt-restructuring schemes by lenders

A deep dive into govt's ambitious infrastructure plan via six charts

Last week, the government came up with an ambitious plan for infrastructure investment

Energy sector to bag lion's share in NIP with Rs 24 trn investment

In a report released by the Finance Ministry on Tuesday, the Centre laid down the plans for increasing private participation in the energy sector, especially in power distribution

Top headlines: Govt's infra push, reforms to revive power sector, and more

FM Sitharaman unveils Rs 102-trn of infra projects, reforms to revive struggling power retailers and more top headlines of the day

India plans $35 bn reforms over 5 yrs to revive struggling power retailers

The measures would focus on infrastructure and technology upgrades of the ailing utilities to make them more efficient and reduce financial losses, according to reports

Household electrification benefits men more than women in India: Study

According to the study, households tended to have more male-used appliances than neutral, and more neutral than female-used appliances

1.5 mn power sector employees plan strike on Jan 8 against privatisation

They say amendment to Electricity Act, 2003 will also impact farmers and weaker sections of society

Fixing the power sector

The electricity sector's ills call for sustained intervention by the Central government, which should engage with the states to draw up turnaround strategies

Adani Power looks to refinance existing loans to reduce cost of debt

Adani Power expects to reduce its annual interest cost to Rs 1,900 crore through low-cost funding

Tata Power, NTPC, PowerGrid: Are power sector stocks likely to dip further?

Even as Adani Transmission hit new lifetime high on Tuesday, most power sector stocks are showing bearish signs. Here is how they look on the technical charts

Andhra to raise Rs 10,000 cr in loans to meet discoms' payment obligations

APPFCL acts as a nodal agency for raising the funds for the state power utilities either by issuing bonds or by taking loans from banks and financial institutions

Amid falling demand, IL&FS power plant in Tamil Nadu an outlier

With the improvement seen in off-take in the last eight months, the plant generated 690 million units of power in November 2019