Core sector grows 2.2% in January 2020. Forward & Derivative Contracts trading to be introduced in the Power sector.
DISCOMs’ outstanding due rise 50% to Rs. 88,177cr in December 2019. Power demand up 7.5% in first half of February 2020. MNRE to provide relief for Solar power projects delayed due to the Coronavirus outbreak.
Power Tribunal proposed for payment disputes. Effective custom duty on Solar PV cells reduced back to zero by MNRE.
Electricity Supply rises in January after five months of decline. 7,592 MW of renewable capacity commissioned up to December 2019.
Rs. 22,000cr for power, renewable sector in FY 2020-21: Finance Minister. 20% Customs duty on Solar cells and panels removed.