Lowest bidder criterion may not be the best choice for awarding project contracts.
NEWS & UPDATES
Power consumption grows 4.6% to 126.12 billion units in March. CERC caps spot power price at Rs. 12 per unit.
PLI scheme to account for ~15% capex in key industrial sectors over 4 years. Allow free Open Access for EV charging from renewable sources: CII.
India’s generation capacity greater than peak demand: Power Minister. India adds 1.2GW open access solar capacity in 2021: Mercom India
Electric vehicles to get Rs 2.2 lakh cr in capex by 2030: Crisil. Power Ministry eases 79 compliances.
IEX volume grows 29% in February. Power consumption grows 2.2% in February.
India’s power demand expected to rise 8-10% in FY22 India’s power demand is now expected to rise 8-10% during FY22, according to HDFC Securities. This is a downgrade from their earlier estimate of a 12% rise in power demand. The downward revision of projected demand is largely due to a prolonged winter and disruptions cause […]
India’s renewable sector can employ 1mn people by 2030.
India has to add 18GW of hydro power capacity in 9 years to meet HPO norms: ICRA
Power consumption grows 1.5% in first fortnight of January. Solar module production capacity to rise 400% by FY25: CRISIL.
India’s renewable energy generation to rise 30% by 2024: IEA. DISCOMs’ outstanding dues to GENCOs rise 4.4% in January.
PSU’s capital expenditure rises 47%. IEX trade volume rises 24% in December.