Mytrah Energy bags 100 MW wind power project for Maharashtra
Quoting a tariff of Rs 2.86 per unit under the reverse e-auction for 200 MW capacity, Mytrah Energy (MEIPl) has bagged an order for the development of 100 MW wind power project for the Maharashtra State Electricity Distribution (MSEDCL).
Central govt scheme helps UT power department save Rs 25 crore
Chandigarh electricity department is reaping the benefits of government schemes and reforms in the power sector. The energy saving appliances distributed under the Unnat Jyoti Affordable LEDs for All (Ujala) scheme of the Central government have helped the department save around Rs 25 crore power in addition to cutting down about 40, 688 tonnes of carbon emissions in one year, as per data of Union ministry of power.
Remove Pitfalls on Way to Targets
Despite the Centre's thrust to renewable energy, state governments are not an active party to the renewable energy wave. If the Centre and states collaborate, things would be easier for achieving targets.
Tata Power announces consolidated profit of Rs.336 crore in Q2 FY17
Tata Power announced its results for the quarter ended September 30, 2016. The company´s consolidated Q2 FY17 Total income from operations (net) for the quarter stood at Rs.7,209 crore as compared to Rs.7,666 crore in the corresponding quarter last year mainly due to lower revenue at standalone level due to lower fuel cost and lower power purchase, lower MUs traded at TPTCL.
IT can contribute to efficient operation and management
Information Technology (IT) has the potential to contribute significantly in the efficient operation and management of all industrial systems. Understanding the need and benefits of IT in power sector, companies today have undertaken steps to implement IT in various.
Keep off vote bank interests from discoms | IPPAI
Improving the financial state and efficiency of distribution companies´ (Discoms) operations, allowing for renegotiation of Power Purchase Agreements (PPAs), delinking of coal from PPAs, and reducing risk for banks and ensuring implementation of open access, formed part of the top five broad suggestions made by Independent Power Producers Association of India (IPPAI) in its pre-Union Budget 20017-18 memorandum submitted to the Finance Ministry.
Stranded in Debt
India has come a long way in addressing unmet power demand. Deficit has fallen from 8.7 per cent in 2012-13 to 2.1 per cent in 2015-16. In the last three years, the power sector saw capacity addition of 80 GW, of which 57 GW were coal-fired Thermal Power Plants (TPPs).