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APRIL 2024, ISSUE 51 IN THIS ISSUE... REGULATORY NEWS ...

Indias solar installations fell dramatically last year as the country ran into difficulties acquiring the large swaths of land needed, a new research report said on Thursday.

The minister underscored the sectors growth by stating that Indias power generation capacity is expected to surpass 800 GW, a significant leap from the current 428 GW, , renewable energy, Union Minister RK Singh

     business reporter  a whopping investment of rs 17.05 lakh crore is in the pipeline in power and renewable energy sector, which has attracted around 16.93 lakh crore of investment since 2014, union minister r k sing

The Power Ministry on Monday issued new rules to allow bulk consumers of electricity who have Energy Storage Systems (ESS) to establish, operate and maintain dedicated transmission lines themselves without the requirement of a licence."For ...

Rs 17.05 lakh crore investment in power and renewable energy sector; 80 GW thermal power generation capacity under construction; 99 GW renewable energy under construction; Rs 16.93 lakh crore invested in power and renewable energy sectors so far; Rs 7.4 lakh crore investment in power sector; Indias power generation capacity to increase to over 800GW; new rules allow consumers to establish transmission lines without license

Data from the Ministry of Power showed that all current payments of gencos are up-to-date and the legacy dues of gencos have come down by 63 percent from Rs. 1.396 lakh crore to Rs. 51,268 crore in just over a year since the late payment surcharge rules were notified.

The new product will be an extension of the current 3-month LDC existing at IEX and is seen to be significant for its growth and expansion, as it would allow the exchange to claw significant volumes in the large market for long duration power from other platforms.

Energy Storage Systems Framework: Some concerns have been raised on the transition from the existing regulatory framework to the newly suggested measures. Addressing the potential challenges and bridging the gaps becomes crucial for a successful implementation process.

Inox Wind share price: The stock surged 11.49 per cent to hit a 52-week high of Rs 239.70. At this price, the multibagger scrip has gained 167.52 per cent from its one-year low of Rs 89.60, a level seen on February 6, 2023.