Page 2 - Power Exchanges News Today

The government wants to increase the share of the electricity market in India, senior officials told Moneycontrol. in 2022-23, the total traded volume in the Indian electricity market was 1,02,276 million units (MU), which is only a small portion of the energy generated from all sources (including RE) of 16,24,465 MU.

As on April 26, the contribution of renewable energy sources (RES) such as solar, wind and biomass to meet the power demand was 11 percent, whereas, the share of coal-fired thermal power plants was 77 percent.

Besides, the Central Electricity Regulatory Commission (CERC) has also slashed the price ceiling for the high price day ahead market (HP-DAM) from Rs 50/kWh to Rs 20 per unit, the latest CERC order accessed by Moneycontrol showed. Both the revised price caps came into effect from April 4.

The policy on FDI is reviewed on an ongoing basis, to ensure that India remains an attractive and investor-friendly destination, , foreign direct investment

It is imperative for businesses to consult legal experts for understanding the laws governing the power sector.

With an aim to ensure affordable, reliable, sustainable, and green energy for all and in continuation of several initiatives to promote clean and green energy b

CERC has issued an order to extend the price cap of Rs 12 per unit in all market segments of power exchanges citing, the "Emerging demand-supply situation in the power sector."

States are falling in line after the Centre cracked the whip on power payment delays, with distribution companies except in Jammu and Kashmir and Karnataka clearing monthly dues over the past two weeks

The debarment by the POSOCO of electricity trading by 27 power utilities in 13 states has put the spotlight back on key reforms outlined in the Electricity (Amendment) Bill, 2022.

Nagpur Today : Nagpur News Latest News Load Shedding will affect the already loosened pockets of common man and Govt.– Dr.Dipen Agrawal