Page-2 of Power Sector

Subsidized Credit-Enhancement Bond Facility for Renewable Energy Proposed

July 29, 2020

The Centre for Energy Finance has proposed that a subsidized first-loss cover facility to credit-enhanced bonds raised by the developers and institutions looking to refinance their underlying projects should be introduced in India. This is required due to the challenges ..

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Power Minister launches the ‘#iCommit’ initiative on World Environment Day

June 6, 2020

Shri R. K. Singh, the Minister of State (IC) for Power and New & Renewable Energy, initiated the ‘#iCommit’ campaign, on the occasion of World Environment Day. The initiative is to all stakeholders and individuals to continue moving towards energy ..

Real Time Electricity Market launched by Indian Energy Exchange

June 2, 2020

On June 1, 2020, Indian Energy Exchange launched Real Time Electricity Market (RTM). The main aim of the launch is to help discoms plan their power requirements. Working of the market The market will conduct 48 auction sessions during the ..

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India’s UJALA Programme completes 5 successful years

January 6, 2020

On January 5, 2020, Unnat Jyoti by Affordable LEDs for All (UJALA) and LED Street Lighting National Programme (SLNP) marked their fifth anniversary. The schemes were implemented by Energy Efficiency Services Limited (EESL). EESL is a joint venture of PSU ..

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State Power Ministers Conference

October 11, 2019

A two – day state power ministers conference starting on October 11, 2019, is to be held in the banks of Narmada river at Kevadia, Gujarat. The conference will be inaugurated by Union Minister of State for Power RK Singh. ..

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Efficiency gap in India's power sector costs 4% of GDP: World Bank Report

December 20, 2018

The World Bank recently released a report titled ‘In the Dark: How Much Do Power Sector Distortions Cost South Asia’. As per the report, Efficiency gap in India’s power sector costs the Indian economy 4% every year, which equivalents to ..

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Government constitutes high level empowered committee to revive stressed thermal power plant

July 30, 2018

Union Government has constituted High Level Empowered Committee headed by Cabinet Secretary to address issues of Stressed Thermal Power Projects. The committee has representatives from Ministry of Railways, Ministry of Finance, Ministry of Power, Ministry of Coal and lenders having ..

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Index of Industrial Production (IIP): Industry growth slips to 7-month low of 3.2% in May 2018

July 13, 2018

According to the data released by the Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production (IIP) has slipped to seven-month low of 3.2% in May 2018. It was mainly due to sluggish performance ..

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