Towards the Grid of the Future
New technologies drive traditional utilities to redefine traditional approaches to operations. While micro-grids and other Distributed Energy Resources (DER) play a significant role in lighting up India's rural communities, supporting initiatives such as Saubhagya also play a valuable part in the development of India's smart grid of the future.
Expect the market to witness all-round growth
Delhi-based battery manufacturer Anshul Gupta, Director, Okaya Power says he is committed to launching products for the mass market. He feels that the ability to manufacture at full capacity, availability of low-interest loans and restrictions on cheap imports will provide a boost to the storage segment in India.
Good Progress, but More Needed
India has taken a big leap in energy efficiency, with significant improvement in both supply-side and demand-side management in the past five years; the challenge now is to increase storage capacity and reduce T&D losses, says Renjini Liza Varghese.
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.
L&T, two others bag UP deal
Infrastructure major Larsen and Toubro (L&T), Genus Power and Allied Engineering have bagged a contract to supply 10 million pre-paid meters to Uttar Pradesh (UP) under the Saubhagya scheme, which aims to add more than 40 million households to the power grid by December this year.
T&D sits with Rs.30,000-crore refinancing opportunity
From the projects handled, we have developed a core team of project managers and sub-contractors who understand every facet of the activity from design, construction to commissioning and have established a methodology for speedy construction from which we are progressing in transmission work along with established distribution work.
UDAY will take 4-5 years to turnaround power discoms
The growth in power demand accelerated significantly in the current financial year. UDAY is certainly a key contributor to this because the immediate savings in cost (the restructuring plan, on an estimated basis, reduced interest costs by as much as 47 paise per kWh), allowed utilities to maintain tariffs at lower levels, thus attracting more marginal consumers.
Over 16,000 out of 18,450 unelectrified villages, now electrified
Out of the 18,450 unelectrified villages, above 16,800 have been given power supply as on date, according to Union Minister of State for Power and New and Renewable Energy RK Singh. The Minister also reiterated the the government’s commitment to provide electricty to un-electrified households by 2019.