25 June 2020
//The development assumes significance as India's energy demand is poised to grow from the present per capita of around 1,149 kilowatt-hour (kWh).
This is among the lowest in the world as compared to per capita consumption of 3,600 kWh globally.
The strategies discussed at the meeting included ways to erect tariff barriers and other hurdles such as subsidising finance to encourage local power equipment manufacturers, and prior-permission conditions for imports from nations India is in conflict with.//
News: https://www.businesstoday.in/sectors/energy/india-china-conflict-indian-govt-power-sector-companies-exit-chinese-contracts/story/407977.html
02 July 2020
//"Adani Electricity AEML has undertaken various measures such as virtual help desk, EMI facility as well a proactive awareness initiative to increase clarity on the billing process amongst the consumers. The consumers will be receiving bills on the basis of their actual consumption with applicable tariff slab benefits. All necessary actions have been undertaken which are in accordance with the rules and regulations laid down by the State Government and MERC," an AEML spokesperson said.//
News: https://energy.economictimes.indiatimes.com/news/power/adani-electricity-issues-clarification-after-uproar-over-exorbitant-electricity-bills-in-mumbai/76740800
02 July 2020
//India has put in place stringent quality control measures and planned higher tariffs on goods from China to boost domestic manufacturing, the minister said.”We have reports that malware and Trojan horse can be installed which can be activated remotely to bring down the power sector and the economy,”
India’s power sector had faced cyberattacks, a majority of which reportedly originated from China, Singapore, Russia and the Commonwealth of Independent States (CIS) countries. Singh had also said that a committee was set up under the Central Electricity Authority to examine the cyber threat and the panel had said “it is a real live threat.”
It drew flak from some corners with claims that it would infringe upon the rights of states, encourage privatisation and would not be in interest of consumers. However dismissing these claims, Singh had said last week that these are canards and reforms in power sector is the last challenge left. The meeting would also discuss about the Renwable Purchase Obligation (RPO) for clean energy. The performance of Rs 90,000 crore liquidity infusion package would also be taken up in the meeting.//
News: https://www.financialexpress.com/economy/chinese-imports-uday-2-top-on-agenda-of-state-power-ministers-meet-on-friday/2011591/
03 July 2020
//The development assumes significance as India's energy demand is poised to grow from the present per capita of around 1,149 kilowatt-hour (kWh).
This is among the lowest in the world as compared to per capita consumption of 3,600 kWh globally.
The strategies discussed at the meeting included ways to erect tariff barriers and other hurdles such as subsidising finance to encourage local power equipment manufacturers, and prior-permission conditions for imports from nations India is in conflict with.//
News: https://www.businesstoday.in/sectors/energy/india-china-conflict-indian-govt-power-sector-companies-exit-chinese-contracts/story/407977.html
02 July 2020
//"Adani Electricity AEML has undertaken various measures such as virtual help desk, EMI facility as well a proactive awareness initiative to increase clarity on the billing process amongst the consumers. The consumers will be receiving bills on the basis of their actual consumption with applicable tariff slab benefits. All necessary actions have been undertaken which are in accordance with the rules and regulations laid down by the State Government and MERC," an AEML spokesperson said.//
News: https://energy.economictimes.indiatimes.com/news/power/adani-electricity-issues-clarification-after-uproar-over-exorbitant-electricity-bills-in-mumbai/76740800
02 July 2020
//India has put in place stringent quality control measures and planned higher tariffs on goods from China to boost domestic manufacturing, the minister said.”We have reports that malware and Trojan horse can be installed which can be activated remotely to bring down the power sector and the economy,”
India’s power sector had faced cyberattacks, a majority of which reportedly originated from China, Singapore, Russia and the Commonwealth of Independent States (CIS) countries. Singh had also said that a committee was set up under the Central Electricity Authority to examine the cyber threat and the panel had said “it is a real live threat.”
It drew flak from some corners with claims that it would infringe upon the rights of states, encourage privatisation and would not be in interest of consumers. However dismissing these claims, Singh had said last week that these are canards and reforms in power sector is the last challenge left. The meeting would also discuss about the Renwable Purchase Obligation (RPO) for clean energy. The performance of Rs 90,000 crore liquidity infusion package would also be taken up in the meeting.//
News: https://www.financialexpress.com/economy/chinese-imports-uday-2-top-on-agenda-of-state-power-ministers-meet-on-friday/2011591/
03 July 2020
//“Countries should have as much renewable energy as possible, but it cannot be your base power supply. We should dispel the myth that we can accelerate the world’s move into renewables, that we can go from dependence from , hydroelectric and nuclear into only renewables," said Vandana Hari, founder and CEO of Vanda Insights Pte Ltd, a commodity market analysis firm..
“We need a complementary source of power for renewables and gas is a flexible source of generation, in that gas-based power is more competitive than storage at current prices and can provide a neat solution for round-the-clock power. Right now, many (developers) are choosing to go with hydel and coal rather than gas. As penetration of renewables increases from the current 10% to 12-14% in the energy mix, there will be grid-balancing issues, like we are already seeing in some southern states. India has 24GW of stranded natural gas-based power capacity. Given the current LNG prices, there is need for a solar-natural gas hybrid policy," //
News: https://www.livemint.com/industry/energy/thermal-power-will-continue-to-meet-india-s-energy-needs-11593736851547.html
08 July 2020
//The Ministry has proposed to issue a National Renewable Energy Policy periodically to promote renewable power generation in the country and to prescribe renewable purchase obligation (RPO) targets.
“We need a complementary source of power for renewables and gas is a flexible source of generation, in that gas-based power is more competitive than storage at current prices and can provide a neat solution for round-the-clock power. Right now, many (developers) are choosing to go with hydel and coal rather than gas. As penetration of renewables increases from the current 10% to 12-14% in the energy mix, there will be grid-balancing issues, like we are already seeing in some southern states. India has 24GW of stranded natural gas-based power capacity. Given the current LNG prices, there is need for a solar-natural gas hybrid policy," //
News: https://www.livemint.com/industry/energy/thermal-power-will-continue-to-meet-india-s-energy-needs-11593736851547.html
08 July 2020
//The Ministry has proposed to issue a National Renewable Energy Policy periodically to promote renewable power generation in the country and to prescribe renewable purchase obligation (RPO) targets.
L&T Financial Services (LTFS), an Indian non-banking financial services company (NBFC), has recommended that the central government should notify the new policy within six months from the implementation of the Act and push out a revised version with any changes, if necessary, once every five years after that.
Adding to this, Subrahmanyam Pulipaka, Chief Executive at the National Solar Energy Federation of India (NSEFI), said: “We also want the national renewable energy policy to cover the entire gambit of storage as well because today you’re talking about renewable energy purely from the generation standpoint, but later, there will be a point where storage will also be an integral part of it.”
The provisions of this centralized tariff policy propose to reduce cross-subsidy surcharges based on a centralized mechanism. Currently, state electricity regulatory commissions are responsible for determining these charges.
The Ministry of Power also proposed to establish the Electricity Contract Enforcement Authority (ECEA) to decide on matters regarding the enforcement of contractual obligations on purchase or transmission of electricity.//
News: https://mercomindia.com/electricity-act-invigorate-renewable-energy/
10 July 2020
//Prime Minister Narendra Modi has today dedicated Asia’s largest solar power project, the Rewa solar power project in Madhya Pradesh, to the nation. The new 750 MW Solar Power plant Project has been set up at Rewa, in the state of Madhya Pradesh.
It is India’s first such solar project to break the grid parity barrier. In comparison to the tariffs of prevailing solar project in early 2017 of around Rs 4.50 per unit, the Solar project in Rewa achieved the first year tariff of Rs 2.97 per unit. Moreover, it showed a tariff escalation of Rs 0.05 per unit over the period 15 years and a levelized rate of Rs 3.30 per unit over a period of 25 years.
It exemplifies the commitment of the nation to achieve the 175 GW target of installed renewable energy capacity by 2022. This includes 100 GW of solar installed capacity.//
News: https://www.financialexpress.com/infrastructure/rewa-solar-power-project-asia-largest-solar-power-plant-pm-modi-inauguration-madhya-pradesh/2019361/#:~:text=social%20distancing%20device-,Rewa%20solar%20power%20project%20inauguration%20by%20PM%20Modi%3A%20Prime%20Minister,the%20state%20of%20Madhya%20Pradesh.
Adding to this, Subrahmanyam Pulipaka, Chief Executive at the National Solar Energy Federation of India (NSEFI), said: “We also want the national renewable energy policy to cover the entire gambit of storage as well because today you’re talking about renewable energy purely from the generation standpoint, but later, there will be a point where storage will also be an integral part of it.”
The provisions of this centralized tariff policy propose to reduce cross-subsidy surcharges based on a centralized mechanism. Currently, state electricity regulatory commissions are responsible for determining these charges.
The Ministry of Power also proposed to establish the Electricity Contract Enforcement Authority (ECEA) to decide on matters regarding the enforcement of contractual obligations on purchase or transmission of electricity.//
News: https://mercomindia.com/electricity-act-invigorate-renewable-energy/
10 July 2020
//Prime Minister Narendra Modi has today dedicated Asia’s largest solar power project, the Rewa solar power project in Madhya Pradesh, to the nation. The new 750 MW Solar Power plant Project has been set up at Rewa, in the state of Madhya Pradesh.
It is India’s first such solar project to break the grid parity barrier. In comparison to the tariffs of prevailing solar project in early 2017 of around Rs 4.50 per unit, the Solar project in Rewa achieved the first year tariff of Rs 2.97 per unit. Moreover, it showed a tariff escalation of Rs 0.05 per unit over the period 15 years and a levelized rate of Rs 3.30 per unit over a period of 25 years.
It exemplifies the commitment of the nation to achieve the 175 GW target of installed renewable energy capacity by 2022. This includes 100 GW of solar installed capacity.//
News: https://www.financialexpress.com/infrastructure/rewa-solar-power-project-asia-largest-solar-power-plant-pm-modi-inauguration-madhya-pradesh/2019361/#:~:text=social%20distancing%20device-,Rewa%20solar%20power%20project%20inauguration%20by%20PM%20Modi%3A%20Prime%20Minister,the%20state%20of%20Madhya%20Pradesh.
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