New Delhi, 06th January 2021: The Ministry of Power, Government of India, in consultation with the Bureau of Energy Efficiency (BEE) has notified the price of per metric tonne of oil equivalent as INR 18402 only for the year 2018-19,
New Delhi, Dec 22 (IANS) The Centre’s ‘Atmanirbhar’ package, along with Coal India’s credit move, may improve liquidity of private sector coal-based power generators (gencos) by up to Rs 40,000 crore this year, Crisil Ratings said in a report on Tuesday.
New Delhi, Dec 21 Ministry of Power has introduced new rules laying down the rights of consumers, a first initiative towards consumer empowerment in the power sector. Issuing the rules Minister of State for Power R.K. Singh said that these
Hyderabad, Dec 21 South Central Railway has won three national energy conservation awards announced by the Bureau of Energy Efficiency, Ministry of Power, Government of India. These awards were declared for the year 2020 as part of the National Energy
New Delhi, Dec 19 The Government has proposed to free both power producers and consumers from continuing with contracted obligation once the tenure of a power purchase agreement expires. The move is expected to provide flexibility to both procurers (mainly
Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Cabinet Committee on Economic Affairs had approved PM-KUSUM scheme in its meeting
Secretary (Power) Government of India Shri Sanjiv Nandan Sahai visited Changlang district of Arunachal Pradesh on 3rd Dec 2020. During the visit Secretary (Power) was accompanied by Shri Tanmay Kumar, Joint Secretary (Hydro), Shri A.K. Singh, CMD, NHPC and Shri K.Sreekant,
The Ministry of Power, Government of India issued notification S.O. 3445 (E) dated 28th September, 2020 to cover all the Electricity Distribution Companies (DISCOMs) under the preview of the EC Act. As per the notification, which was formulated in consultation
New Delhi, Nov 7 With the aim to drive bids for round-the-clock (RTC) power supply, the Ministry of Power has amended the guidelines for tariff-based competitive bidding for power procurement from such projects, allowing them bundling with any non-renewable source
New Delhi, 6th November 2020: The Board of Directors of REC Limited approved the audited standalone and consolidated financial results for Q2 & H1 FY21 today. Operational and Financial Highlights – Q2 FY21 vs Q2 FY20 (Standalone) Sanctions – Rs. 67,961 crore
New Delhi, Oct 23 In a breather for bankrupt power generation companies, an insolvency tribunal has ruled that going concern status of such companies have to be maintained during the entire resolution process. The National Company Law Appellate Tribunal (NCLAT)
New Delhi, Oct 12 The Ministry of Power has issued the Draft (Late Payment Surcharge Electricity Rules, 2020, to reduce the extremely high rates of late payment surcharge. The Ministry of Power noted that it is necessary that the rates
Power Grid Corporation of India Ltd. (POWERGRID) has signed Memorandum of Understanding (MoU) with Ministry of Power, Govt. of India on September 29, 2020. The MoU has been signed by Shri SanjivNandanSahai , Secretary (Power), Government of India and Shri K.
New Delhi : September 30, 2020 SJVN Limited signed a Memorandum of Understanding (MoU) with Govt. of India for the year 2020-21 today. The MOU was signed between Shri S.N. Sahai, Secretary (Power), Government of India and Shri Nand Lal
New Delhi, Sep 13 India has already attained the status of ‘One Nation, One Grid, One Frequency’ and there are now no constraints in inter-regional transfer of power, said Sanjiv Nandan Sahai, Secretary, Ministry of Power, on Saturday. He was
Bhopal, August 28 NHPC Limited, India’s premier Hydropower utility has signed a Power Sale Agreement (PSA) with Madhya Pradesh Power Management Company Limited (MPPMCL) for procurement of 1000 MW Solar Power at the tariff of Rs. 2.55/kWh on 28.08.2020 at
New Delhi, Aug 23 In order to alleviate the financial stress in the power system, all Generating Companies and Transmission Companies have been advised by the Ministry of Power to levy a Late Payment Surcharge at a rate not exceeding
New Delhi, July 24 REC Limited’s coffee table book was launched on the eve of their 51st Foundation Day by the Minister of State (IC) for Power and New and Renewable Energy RK Singh in the presence of Power Secretary Sanjiv
New Delhi, August 13 Govt owned PFC reported is Q1 CONSOLIDATED PAT UP 23% AT ₹3,557 CRORE AS AGAINST ₹2,900 CRORE. The revenue also increase by 16% increase in Consolidated Revenue from Operations from Q1’20 – Consolidated Revenues at ₹
New Delhi, July 29 As a testament to the healthy culture that it begets at its workplace, REC Limited has bagged the ‘Best Organization for Women Empowerment’ award by exchange4media at the Women Achievers Summit and Awards 2020. REC Limited
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