The Cabinet Committee on Economic Affairs approved two thermal power and two hydro power projects, a hydro power scheme and a revival scheme for stressed assets
The power ministry's plans come against the backdrop of a utilities sector under financial stress
Power minister says demand for power will continue to rise; current per capita consumption of 1,200 units is expected to grow 2-3 times to come at par with international consumption
Half of these will be for competitive bidding, to connect renewable projects
They are protesting against Electricity (Amendment) Bill, privatisation policies
We have started seeing a fundamental shift in how power is consumed, requiring utilities to become more customer-centric in fulfilling those needs
Hope of Madhya Pradesh, Rajasthan and Chhattisgarh prioritising power supply
Despite being crippled by bandhs and other production hurdles, MCL was able to step up coal supplies to all categories of consumers
Coal supply has to improve to meet the demand
Using nightly satellite images from India for 2013, the World Bank study found that areas adjacent to newly electrified villages subsequently experienced worse power outages
Niti also pitched for introduction of time-of-day tariff to promote the use of renewable energy and performance-based incentives in the tariff structure
According to power ministry data, India has emerged as a net exporter of electricity this year, while the energy deficit has come down and the energy availability has gone up
Central Electricity Regulatory Commission has proposed keeping a 15.5 per cent return on equity for generator and transmission companies for the five years starting April 1, according to draft tariff
The REC-PFC deal makes little sense
The directive had asked banks to file bankruptcy proceedings against all defaulting loan accounts above Rs 20 billion if a resolution plan was not agreed upon in 180 days
Last year, the Union government announced Sahaj Bijli Har Ghar Yojna (Saubhagya) to speed up electrification of 35 million urban and rural households
Power sector investments would be fuelled by transmission and distribution sectors that would have a share of 36 per cent and 34 per cent respectively.
Sector drew $14.18 billion FDI between April 2000 and June 2018
Political will needed to rationalise tariffs
Notwithstanding reform efforts since the early 1990s, the sector continues to experience difficulties