Highest Growth Generating Company in Hydro in Public Sector - Teesta Urja
The New Delhi-based Teesta Urja was formed in 2005 with a mission to commission the 1,200 MW (6X200 MW) Teesta Stage - III Hydro Electric Project in a shortest possible time so that optimal benefits are accrued to the beneficiary states as well as to the state of Sikkim.
Indias first wind power auction sets record low tariff
India's first ever wind power auction has resulted in a record low wind power tariff of Rs.3.46 (US' 5.2)/kWh, just marginally higher than the record low levelised tariff of Rs.3.29 (US' 4.9)/kWh in the recent Rewa solar auction. Mytrah, Sembcorp, Inox and Ostro are the winning bidders and will be awarded 250 MW each. Successful bidders will sign 25-year PPAs with PTC India, which will sign back-to-back PPAs with discoms.
Nepal looks to end load shedding, imports power from India
In an effort to end load shedding, Nepal has received 40 MW of electricity from India, taking the total import of power from the country to 340 MW. The power is being given through the 132 kV Dhalkebar-Muzaffarpur Transmission Line, as per an agreement signed with Power Trading Corporation, India.
RE firms to get up to Rs.20-cr wind in their sails
In what would bring relief to Renewable Energy (RE) firms, Indian Renewable Energy Development Agency (IREDA) and PTC India Financial Services (PFS) have offered to pay these producers a part of the outstanding amounts to address their liquidity constraints.
PTC India signs MoU with SECI
India´s leading power trading company, PTC India Limited (PTC), has signed an MoU with the Solar Energy Corporation of India (SECI), for sale and purchase of power generated from 3 GW solar projects for onward sale on long term basis, for full term of 25 years from Commercial Operation Date of each of the project/facility to State Utilities.
Wind energy | China leads
In comparison to the US, China´s installed wind capacity remained negligible during the early years of the 21st century, but the industry picked up pace from 2007 and saw a rapid increase in the number of wind turbine installations.
Tantra N. Thakur, former CMD of PTC India Ltd. and PTC India Financial Services Ltd. and David B. Sandalow, the Inaugural Fellow at Columbia University´s Center on Global Energy Policy, joined ReNew Power Board of Directors.
Ushering in a level playing field
Going by the terminology of economics, it can be said that restructuring of the electricity market has helped in abolishing the monopoly in the generation and transmission sectors and has brought in competition at various levels of market.
Power exchange with neighbouring countries will help us achieve energy security
During the last 3-4 years, there have been positive developments in promoting power trading with neighbouring countries. Following this trend, PTC India has already signed long-term power supply agreement with the Nepal Electricity Authority and building of 400 KV transmission link between India and Nepal.