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PM Narendra Modi to launch 'power for all' scheme on September 25: Power Minister R K Singh

The Economic Times 26-09-2017

Prime Minister Narendra Modi will announce a scheme for providing 24X7 electricity to all on September 25, Power Minister R K Singh said today.

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NGT raps MoEF over emission standards for thermal power plants

The Economic Times 26-09-2017

The National Green Tribunal has rapped the Ministry of Environment and Forests (MoEF) for not abiding by its directions on implementation of a notification on air pollution emission standards and water consumption for coal-based thermal power plants.

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Coal mine auction to count royalty offer, give price freedom

The Economic Times 26-09-2017

India is planning a simple, attractive system for auctioning coal blocks to private firms by the year end, a measure government officials believe will help accelerate the infrastructure industry and have a multiplier effect on the economy.

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Used Chinese solar panels set off quality fears

Mint 26-09-2017

In what has caught the Indian solar industry by surprise, used Chinese solar modules?the rectangular panels often seen on rooftops?are being sold in the domestic market at a discount. Once installed in China, they are now being offered to Indian developers, said several people aware of the development.

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Heraeus Photovoltaics opens Delhi office to serve India market

Business Standard 26-09-2017

German renewable energy technology solutions provider Heraeus Photovoltaics on Sunday announced it has opened an India office here and will bring in dedicated staff at its Engineering and Technology Centre in Singapore to help focus on the Indian solar cells market.

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Only 4 projects fit for Mega Power Policy benefits

Business Standard 26-09-2017

The revised Mega Power Policy, announced by the Cabinet Committee of Economic Affairs (CCEA) in March, has led to a stand-off between the government and project developers.

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Hike in spot prices may offer little relief to stranded merchant power capacity

The Hindu Businessline 26-09-2017

The recent increase in the average spot power tariff on the Indian Energy Exchange (IEX) is unlikely to continue for long or bring any long-term relief to merchant power plants. This is because issues such as low demand and coal shortages continue to saddle the power industry.

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Reliance Industries world's third largest energy firm: Platts rankings

Business Standard 26-09-2017

Reliance Industries (RIL) and Indian Oil Corporation (IOC) have made big leaps in the global energy sector this year, according to the latest S&P Global Platts Top 250 Global Energy Company Rankings, which saw Russia?s Gazprom end American giant ExxonMobil?s 12-year reign at No.1.

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Green bond sales double to record $3 billion this year

The Economic Times 26-09-2017

India's focus on renewables has pushed green bond sales to a record high of $3 billion this year, doubling from the year ago, as investors with dedicated funds prefer India over China, where funds aimed at green power have less strict norms of use.

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Tamil Nadu solar auction: Most winners agree to lower prices

The Economic Times 26-09-2017

In yet another case of winning tariffs being renegotiated, all but two of the 18 winners of the last solar auction held by Tamil Nadu have agreed to lower the prices they had quoted to that of the lowest bidder, Rs 3.47 per kwH.

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Wind turbine manufacturers to face headwinds in near term:ICRA

The Economic Times 26-09-2017

Following the transition from feed-in tariff to bid tariff route, wind turbine manufacturers are likely to face headwinds in near term, says ICRA

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Draft norms for wind block surveys issued

Mint 26-09-2017

The ministry of new and renewable energy (MNRE) has unveiled draft guidelines on private participation in studies for identifying offshore wind power blocks.

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India plans legal route for power sector reforms

Mint 26-09-2017

After launching the Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universalizing electricity access, the National Democratic Alliance (NDA) government is readying a raft of power sector structural reforms including legal provisions to drive electricity demand, promoting retail competition and tariff slab rationalization to drive manufacturing.

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Spot power price surge unlikely to stay, prices to moderate: India Ratings

The Economic Times 22-09-2017

The recent surge in Indian spot power prices on the electricity exchanges is unlikely to sustain for a long time owing to the huge availability of spare capacity and the inability of generators to tie-up long-term power purchase agreements (PPAs), ratings agency India Ratings said today.

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PFC gets nod to raise up to Rs 65,000 crore via debt

The Economic Times 22-09-2017

State-run Power Finance Corporation (PFC) has received shareholders' approval to raise up to Rs 65,000 crore through issuance of securities on private placement basis.

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