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.
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.
Reliability, quality and standardisation are the three principal norms in the electricity segment. On one side, the retail consumers look for quality power supply. To make this possible, numerous electrical and electronic equipments play a crucial role.
Yes Bank signs MoU with BEE
YES BANK has signed an MoU with Bureau of Energy Efficiency (BEE) to become the Participating Financial Institution (PFI) to avail the risk guarantee under the Partial Risk Guarantee fund for Energy Efficiency (PRGFEE). The PRGFEE is a risk sharing mechanism that provides YES Bank with a partial coverage of risk involved in extending loans for Energy Efficiency projects with an objective of scaling-up Energy Efficiency investments in India.
MoP issued over 38 lakh ESCerts
Ministry of Power has issued/entitled to purchase Energy Savings Certificates (ESCerts) to Designated Consumers (DCs) of PAT Cycle I on February 16, 2017, on verification of their performance with regard to energy savings, based on the recommendations of BEE. The first cycle of PAT has been completed in March 2015.
Leaps and Bounds
Transmission and distribution (T&D) losses, Aggregate Transmission and Commercial losses (AT&C), quality of power and fluctuation in power supply are some of the major challenges faced by Indian power utilities. This is despite not overlooking the fact that in the last decade, the country witnessed sizeable improvement in quality of power, especially in urban and semi-urban areas.
Domestic price competitions affects product quality
India has a strong base of over 500 transformer industries with an overall capacity of 1,000 GVA per annum. The contribution for discoms/utilities is about 50 per cent while rest is catering to the export market.
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