The term-ahead market comprising intra-day, contingency, daily and weekly contracts traded 383 MU during the month.
Both the firms have disbursed around Rs 31,100 crore under the package
An association of power producers has sought more time to install emission controlling equipment at their plants, saying various issues, including COVID-19 followed by supply disruptions from China, have posed challenges in meeting the December 2022 deadline. In a letter to the Prime Minister's Office (PMO), the Association of Power Producers (APP) has sought another three years to complete the process. As per a government order, all thermal power plants in India have to install the flue gas de-sulphurisation (FGD) technology that reduces sulphur oxides emissions on burning of coal, in a phased manner by December 2022. In the letter, the APP has apprised the top office that under the current circumstances meeting the deadline would be a challenge as the COVID-19 outbreak has led to supply disruptions of equipment from China. Only about 20-30 per cent of the emission reducing components, it said, are manufactured in India and for a major share of 70-80 per cent, the country is ...
PPAs are proving inflexible in a regime of falling demand and the rise of renewable power
Adani Power, GMR Energy, Avantha Power, Lalitpur Power, and Vedanta are some of the private companies that have applied for the 'import substitution' scheme of the Centre
Renewable energy players are doubtful if any mainstream player will even evince interest
In September this year, total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 52,408 crore as against Rs 34,658 crore in the same month last
However, some say the benefits have not been encouraging and full privatisation might be better
According to PRAAPTI portal, discoms owed a total of Rs 46,779 crore to power generation companies in July 2018.
By October 2018-end, accumulated dues had climbed to almost Rs 39,000 cr, leaving generators such as NTPC, Adani Power and Tata Power in distress
The power ministry has allowed all power producers to import coal as the domestic supply situation remains poor
Of India's current installed power generation capacity of 330 GW, gas-based capacity is 25 GW