Government has no authority to reduce power tariffs: DERC

  Delhi's electricity regulator has said the government cannot interfere in fixing tariff though it can subsidise consumers, highlighting the potential difficulties facing Arvind Kejriwal, the new Delhi CM, whose party has promised to halve electricity prices in the Capital. "The government cannot interfere in tariff fixation. It...

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Adani Power Board approves demerger of transmission business...

  Adani Power Board today approved the demerger of its transmission lines business to its wholly owned subsidiary company besides appointing Vinod Bhandawat as the chief financial officer of the generation company. In a statement to the Bombay Stock Exchange (BSE), Adani Power said that its board has approved the "demerger of the...

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PSERC passes on customs duty benefit of Rs.600 crore to consumer...

  Punjab State Electricity Regulatory Commission (PSERC) has decide to pass on custom duty benefit of Rs. 600 crore availed by Sterlite Energy limited on account of grant of mega power project status to Talwandi Sabo thermal project be passed on to consumers. PSERC in its order of December 27 on petition no. 41 directed the Sterlite...

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Kerala must plan switchover to 100% renewable energy: Report

  Kerala must plan for a transition to 100 per cent renewable energy for sustainable development and energy security. The State has meagre fossil fuel resources and most of the hydro potential is already harnessed, says G.M. Pillai, Founder Director-General of Pune-based World Institute of Sustainable Energy. REPORT RELEASED He...

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OIPL drafting PPA for Odisha UMPP...

  The Odisha Integrated Power Ltd (OIPL), a fully owned subsidiary of Power Finance Corporation (PFC) is in the process of preparing the draft power purchase agreement (PPA) for the first ultra mega power plant (UMPP) in the state. The maiden UMPP with a capacity of 4,000 Mw is coming up at Bhedabahal in Sundargarh district. OIPL...

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Jharkhand electricity board divided into four parts...

  The Jharkhand cabinet Monday gave its approval for division of the state electricity board into four parts, an official said. "The state cabinet today gave its approval for the division of the JSEB (Jharkhand State Electricity Board) into four parts. Four companies will be formed after the division. The companies will be holding,...

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IRENA Demystifies Renewable Energy Costs...

  On the occasion of the sixth meeting of its Council in Abu Dhabi, the International Renewable Energy Agency (IRENA) launched a unique web portal dedicated to renewable energy cost analysis (www.irena.org/costs). The portal provides access to IRENA’s data and analysis at no cost to users. “IRENA has developed the most current and...

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