Thermal power plants’ PLF drops to 47.9% in May. Rs 90k crore liquidity infusion for DISCOMs a dud. Customs duty to be imposed on solar modules, to rise to 40% in a year.
NEWS & UPDATES
Coronavirus crisis: Renewable capacity addition continues to be sluggish. Transmission system planning to be separated from PGCIL.
Power demand deficit narrows to 10.5% in the second week of June. EESL to set up 2000 EV charging stations in 2020-21.
Coronavirus crisis:
India’s power generation falls 14.3% in May. Global solar capacity addition estimated to drop by 20% in 2020.
New scheme worth Rs 3 lakh crore proposed to the Finance Commission. Power Exchange India to launch real time market for electricity.
India added 8,800MW of coal based power last year: IEEFA. India’s solar tariff stabilises, is now lower than thermal tariff.
DISCOMs in Union Territories set to be privatised. DISCOMs to be infused with liquidity worth Rs. 90,000cr from PFC-REC
Coronavirus crisis: DISCOMs will require subsidies amounting to Rs. 1 lakh crore in 2020-21. Energy efficiency measures saved India Rs. 89,122 crore in 2018-19.
Lockdown to surge DISCOM losses, yearly demand expected to fall for the first time in decades. ADB sanctions $346mn loan for Maharashtra’s HVDS program.
Power Ministry requests states to allow construction activity in power plants. Electric vehicle sales in India up 20% in FY 2019-20.