Hanging on, Despite the Heavy Odds
The power deficit has reduced, since India has more than doubled its electricity generation capacity between 2005 and 2017 with coal-based plants accounting for more than 60 per cent of the new capacity.
The Stress Marks!
India's power sector is in a catch-22 situation. A sound analysis of the power sector affirms that the sector is in the ICU where 78,000 MW of projects are under stress; and approximately Rs 1,200 billion worth unviable projects and PPAs are signed for a mere 7,000 MW.
Logistics clouding coal
Though weak logistics support and lack of preparedness of power plants are to be blamed for the recent coal shortage at power plants, the crisis could have been avoided with better co-ordination among stakeholders.
Green shoots in RECs
Renewable energy certificate (REC) mechanism, a market-based instrument introduced in 2010 to promote renewable energy and facilitate compliance of renewable purchase obligations (RPOs), has not received an enthusiastic response from the obligatory entities till recently.
National Power Tariff policy to help deficit states
India Energy Exchange (IEX) and Power Exchange India Ltd (PXIL), both currently have a mere 3% market share, hope to increase it further following approval to the national tariff policy.
DFs the way
What could be the worst situation for a nationalised or private bank than rising non-performing assets (NPAs), and that too from a sector, which has promised high returns, once implemented. Yes! We are talking about the power sector.
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.
IEX plans to facilitate power trading in South Asia
Yes, the demand has been low in the last two months primarily due to the onset of winter wherein the demand slows down significantly. As the season is progressing, the demand in the Northern region has seen an upswing whereas demand in the Western region is yet to pick up momentum.
IEX gets Best Power Exchange Award 2014
Suresh P Prabhu, Union Minister of Railways, conferred the´Best Power Exchange 2014´ on IEX at an Award ceremony held in the Capital recently. The Award ceremony was organised by the Council of Power Utilities.