The policy from the beginning has articulated that there will be unwind or sunset of all the subsidy elements. And, that has been consistent. Some of them were given sunset in the last budget, while some have continued.

Wind dominates the renewable energy (RE) segment with an installed capacity of over 34,000 MW. The segment, which was once the leader in RE, may lose its sheen as grid-connected solar energy may take over wind in the coming years

The UK is readying to import its lock, stock and barrel. A few countries are closely studying it with the intent of imbibing it.

We have already liberalised the Electricity Act and it provides for franchisees. However, the charging station is not selling electricity, but giving you a service. It is actually buying the electricity from a discom.

Power Finance Corp (PFC) has approached the National Company Law Tribunal (NCLT) to start insolvency proceedings against promoters of stressed power projects, officials said.

Although state discoms have managed to leverage UDAY by paring financial losses from Rs.51,589.51 crore in FY16 to Rs.34,826.87 in FY17, a marginal decrease in AT&C losses seems to be the bone of contention, as what has been envisaged has not been achieved yet, barring bailing-out non-performers.

Tangedco is set to replace all old thermal units in the state with new super critical units at an estimated 40,000 crore. The new thermal units, which will have a combined capacity of 5,700MW, will come up in the next five years. Several state-owned thermal units are working beyond their prescribed life of 25 years.

Power Finance Corporation (PFC) has sanctioned Rs.5,474 crore as term loan to Tamil Nadu Generation and Distribution Company (Tangedco) for setting up two thermal power units of 800 MW each at Uppur in Ramanathapuram district.

State-owned lender Power Finance Corporation has announced that Rajeev Sharma has taken over as the new Chairman and Managing Director of the company with effect from October 01, 2016.