Power Ministry examining revision of 10kW net metering cap. Wind-solar hybrid tariff will continue to be higher than solar for now: Ind-Ra.
DISCOMs’ outstanding dues to power GENCOs rise 35% to Rs 1.41 lakh cr. Average spot power price falls 3% to Rs 2.83/unit in December.
Power consumption grew 6.1% in December 2020. Central Transmission Utility incorporated.
Electricity (Rights of consumers) Rules go into effect. Power consumption up 4.8% in first half of December.
India’s Industrial production rises 3.6% in October. Electricity subsidies increased 32% since FY 2016.
DISCOMs’ outstanding due to power GENCOs rise 29% to Rs 1.38 lakh crore. Spot power trade grew 61% in November: IEX.
India’s energy demand grew 11.5% in October. Power consumption growth slows to 4.7% in November.
Govt. aims to replace safeguard duty with customs duty on solar equipment. Investments in Indian solar sector down by 477% YOY in Q3 2020.
Solar capacity addition down 68% in 9 months. Power producers request financial support from the Govt.
Loans worth Rs 1.18 lakh cr sanctioned under DISCOM liquidity package. DISCOMs’ outstanding due to GENCOs rise 28% to Rs 1.38 lakh crore.