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Home2022October

Month: October 2022

Central Sector

REC and PFC ink MoA with STPL for financing Buxar thermal power plant

October 19, 2022

REC Limited and Power Finance Corporation Limited (PFC) have signed a memorandum of loan agreement with SJVN Thermal Private Limited (STPL) for financing 2×660 MW coal based Buxar thermal power plant (TPP). The total estimated […]

Reforms and Regulations

MNRE notifies draft policy for repowering of the wind power projects

October 19, 2022

The Ministry of New and Renewable Energy (MNRE) has notified the draft National Repowering Policy for Wind Power Projects, 2022. The Ministry had issued Policy for Repowering of the Wind Power Projects on August 5, […]

Private Sector

Suzlon secures an order of 48.3 MW from Adani Green Energy

October 19, 2022

Suzlon Group has announced a new order win for the development of a 48.3 MW wind power project for Adani Green Energy Limited. Suzlon will install 23 units of their wind turbine generators with a […]

State Sector

OERC issues revised draft Deviation Settlement Mechanism and Related Matters Regulations, 2022

October 19, 2022

The Odisha Electricity Regulatory Commission (OERC) has issued the revised draft Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2022 in view of the new DSM Regulations, 2022 issued by the Central Electricity Regulatory Commission […]

State Sector

DERC cannot revise power tariff payable to discom in the guise of prudence check

October 19, 2022

As per the Supreme Court, Delhi Electricity Regulatory Commission (DERC) cannot revise or re-determine the already fixed power tariff for discoms in the guise of prudence check and truing up as it would amount to […]

International News

Chinese SGCC starts construction of 1,000 kV Sichuan–Chongqing line

October 19, 2022

China’s largest grid developer, State Grid Corporation of China (SGCC), has begun construction of the 1,000 kV ultra-high voltage (UHV) Sichuan–Chongqing alternative current (AC) power transmission project in the Sichuan province and Chongqing municipality (southwestern […]

Central Sector

Minister of power and new and renewable energy inaugurates fifth assembly of the ISA

October 19, 2022

The minister of power and new and renewable energy has inaugurated the fifth assembly of the International Solar Alliance (ISA). The Republic of India holds the office of the president of the ISA Assembly, with […]

Segment Review

Trading Update: Evolving short-term power market to foster competition

October 19, 2022

Power markets have emerged as a key driver and enabler as India charts its transition to a carbon-neu­tral future. Offering a spectrum of products with flexibility, competitive prices, transparency, payment security, risk management and greater […]

Tech Focus

Technology Trends: Growing digitalisation and design innovations in the sector

October 19, 2022

The Indian power sector is witnessing the installation and integration of emerging technologies such as rene­wable energy, 5G, IoT, battery storage, hybrid solar, smart grid, electric vehicles (EVs), green hydrogen and high temperature superconductors for […]

Central Sector

PSUs called upon to compete with private sector in coal mine auction and production

October 18, 2022

The union minister of coal, mines and parliamentary affairs has urged the public sector undertakings (PSUs) to compete with the private sector in coal mine auction and early production. In the National Coal Conclave and […]

State Sector

SJVN unit and Assam discom to form JV to set up 1,000 MW floating solar projects

October 18, 2022

SJVN Limited’s wholly-owned subsidiary, SJVN Green Energy Limited, and Assam Power Distribution Company Limited (APDCL) have inked a pact to form a joint venture (JV) to set up 1,000 MW floating solar projects in Assam. […]

Private Sector

Torrent Power to invest Rs 600 billion in renewable energy projects

October 18, 2022

Torrent Power will be developing 10 GW of renewable energy projects in Rajasthan in a phased manner. The Torrent Group will invest more than Rs 600 billion in renewable energy projects, including green hydrogen, in […]

Private Sector

EKI launches India’s first Rs 10 billion climate impact fund to develop GHG mitigation projects

October 18, 2022

EKI Energy Services Limited (EKI) has announced that it will invest up to Rs 2 billion as part of an Rs 10 billion (USD125 million) climate impact fund that it has launched in partnership with […]

Private Sector

Andhra Pradesh to roll out smart electricity meters

October 18, 2022

The power utilities of Andhra Pradesh are gearing up to roll out a smart electricity meter project. Investment proposals for smart metering and loss reduction works in all the five circles of Andhra Pradesh Eastern […]

International News

Oman’s OETC completes 220 kV Ibri substation

October 18, 2022

Oman’s high voltage grid developer, Oman Electricity Transmission Company (OETC), has completed the construction of a 220 kV substation in the Wilayat of Ibri. The substation, developed at a cost of OMR7.5 million, is the […]

Segment Review

Green Energy Priority: Renewables take centre stage

October 18, 2022

The renewable energy sector in India has been growing consistently over the past few years. As of August 2022, the country’s installed renewable energy capacity stood at approximately 116 GW, accounting for around 29 per […]

Central Sector

NTPC, Mitsubishi Heavy Industries and MPI sign MoU for demonstrating hydrogen co-firing in Auraiya gas power plant

October 17, 2022

NTPC Limited has signed a memorandum of understanding (MoU) with Mitsubishi Heavy Industries, Limited Japan and its subsidiary Mitsubishi Power India (MPI) Private Limited to demonstrate the feasibility for hydrogen co-firing blended with natural gas […]

Private Sector

KPTL sells another 25 per cent stake in Alipurduar Transmission to Adani Transmission

October 17, 2022

Adani Transmission Limited (ATL) has acquired the second tranche of 25 per cent stake in Alipurduar Transmission Limited from the engineering, procurement and construction (EPC) major Kalpataru Power Transmission Limited (KPTL), with an agreement to […]

State Sector

WBSEDCL invites bids to install EV charging infrastructure in PPP

October 17, 2022

West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited expressions of interest for setting up electric vehicle (EV) charging infrastructure in public-private partnership (PPP) to boost e-mobility in the state. It has sought bids […]

Central Sector

Discoms’ aggregate loss rises 66 per cent to Rs 502.81 billion in 2020-21

October 17, 2022

Power Finance Corporation (PFC) Limited’s Report on Performance of Power Utilities in 2020-21 has been unveiled. For 2020-21, the report covers 117 utilities comprising 68 power distribution utilities, 23 power generation utilities, 22 power transmission […]

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