Scale up Demand, Unlock Logjam
India's power sector is undergoing structural changes with an unprecedented scale-up in renewables, Ujwal Discom Assurance Yojana (UDAY) implementation at distribution companies (discoms/SEBs), uncertainties over offtake arrangements and pressure on promoters/lenders to divest assets to avoid bankruptcy.
Road Ahead for New TPPs in India
Millions of Indians are yet to see the light of the day, without electricity connection. Pace of demand growth is far behind that of supply. The fossil fuels are being relegated and renewable sources are inducted in a big way.
Reverse AuctioN for Short Term Power Procurement | Impact on Sector
Distribution networks have been one of the major bottlenecks in the entire value chain of the electricity sector reforms. It is estimated that distribution companies (discoms) have accumulated losses in the range of Rs.3.8 lakh crore and outstanding debt of around Rs.4.3 lakh crore.
A long way to go for Geothermal
Renewable energy (RE) has taken centre stage in last two decades. When wind, solar, bio-mass and other hybrid technologies found prominence, countries like Germany sharpened their expertise and were successful in exporting 100 per cent RE to neighbouring countries.
GE awarded 3-year agreement to support ONGC’s exploratory drilling campaign
GE Oil & Gas has been awarded a multi-million dollar Frame Agreement by Oil and Natural Gas Corporation Limited (ONGC), under which, the company will provide an estimated 55 subsea wellheads (SG5) over next three years for the operator’s offshore drilling campaign, in shallow to medium waters offshore India.
GE and Larsen and Toubro sign MoU to manufacture equipment for deep water projects
Contributing to India’s exploration and production (E&P) activities in the oil and gas sector, GE has signed an exclusive MoU with L&T Hydrocarbon Engineering Limited, a wholly-owned subsidiary of Larsen & Toubro (L&T). Together, the firms will partner in the manufacture of subsea manifolds destined for future deep water projects in the Krishna-Godavari basin on the east coast of India
Kerala´s short term power only from south
Kerala has urged the Centre to restrict power only from that region for short-term procurement through e-auction for the state due to lack of transmission network in south India.
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