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Indian government’s Rs 344 bn bonanza for solar sector
The Government of India has approved the launch of KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, to promote the use of solar powered agriculture pumps by farmers and installation of small renewable power plants (500 KW to 2 MW) by farmers/cooperatives/panchayats on their lands, with a funding support of Rs 344.22 billion.
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Wind heralding commercial and operational change for renew
Concern about climate change and concerted action to reduce green house gas emissions are powerful drivers for renewable energy.
Renewable Energy, Electricity Act 2003, Renewable Purchase Obligation, Discoms, SERC, Wind Power, Energy, Coal, Power Generation, Wind Electric Generator, Ashok Upadhyay
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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.
Power Sector, Discoms, PPA, RBI, NCLT, NBFC, Transmission, IEX, Amish Shah, DSP Merrill Lynch, GVK Goindwal Saheb, Jaypee Bara, PPA, SHAKTI, CAGR
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Loss-making discoms to be denied loans
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.
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Electrifying Opportunities!
Elecrama 2018 was not merely an exhibition. It reflected the industry sentiment. Looking at the numbers- Rs 65 billion of business queries generated, footfall of around 298,000 and 1,200 exhibitors-it seems all is well with the power sector.
Elecrama 2018, M Venkaiah Naidu, Suresh Prabhu, Dalip Sharma, Delta Electronics India, Evs, Atul Arya, Energy Systems, Panasonic India, Richard Dick, Lucy Group, Iiot, Iot, Webnms IOT, SC Bhargava
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Digital substations will reduce AT&C losses
India for us is a very important market because of being the fastest growing globally. In our global automation portfolio, we have one of our factories in Goa where we not only design and develop products for India, but also for the global market.
Thomas Zimmerman, Digital Grid, Siemens AG, TPDDL, Tata Power, EESL, Discoms, Renewable Energy, Automation, Electric Cars, Distribution, Smart Cities, Rooftop PV, Big Solar Farms, Electrification
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Waning hope for UDAY!
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.
UDAY, SERC, Electricity, Constitution Of India, Aggregate Technical & Commercial, Discoms, Raj Kumar Singh, ACS, Power Finance Corporation, CAGR, Government Of Karnataka, Smart Metering, Distribution Transformer, Mou, CRISIL
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