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Will a quarter of discom debt need to be classified as bad loans?

By : sustainabilityo..., Jan 6, 2016

The process of implementing the government’s Ujwal Discom Assurance Yojana (UDAY), announced on 5 November, is now underway. On Tuesday, power minister Piyush Goyal said states accounting for...

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Uttar Pradesh, Maharashtra, Bihar & Orissa joins “UDAY”

By : sustainabilityo..., Jan 6, 2016

Four major States namely Uttar Pradesh, Bihar, Odisha and Maharashtra have agreed to join “UDAY” Ujwal Discom Assurance Yojana. This was announced by Mr. Piyush Goyal, Minister of State ( IC)...

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India will supply 100 MW electricity to Bangladesh from Dec 16

By : sustainabilityo..., Nov 27, 2015

In yet another sign of warming ties and growing cooperation, India will start supplying 100 MW of electricity to power-starved Bangladesh from December 16, the day observed as Vijay Diwas in both the countries. That was the day Bangladesh emerged as a sovereign nation after...

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Subject Tags: electricity , power

India can achieve 175-GW renewable energy capacity by 2022: KfW

By : sustainabilityo..., Nov 20, 2015

German bank KfW director (South Asia) Claudia Arce said India can increase renewable energy capacity to 175 GW 2022 but it needs to quickly take discoms on board, find a win a win situation for them, for banks and for the government so that they can go hand in hand.

...

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Subject Tags: distribution , electricity

Cabinet green signals rescue package for ailing discoms

By : sustainabilityo..., Nov 6, 2015

A rescue package for ailing electricity utilities, called ‘Ujwal DISCOM Assurance Yojna’ or UDAY, was approved by the Cabinet on Thursday. The scheme stipulates passing on discom debts in their entirety to the respective States over two years.

Under the scheme, States...

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Subject Tags: electricity , policy

Small entrepreneurs’ solar energy business plans go awry

By : Sustainability ..., Nov 14, 2014

SP Gupta, a builder, and his wife Usha, a Delhibased couple in their 60s, were sure they were headed for a secure old age after having invested over Rs 3 crore of their lives' savings to install a onemegawatt solar power plant in Rajasthan. But a year down the line, not only...

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Subject Tags: electricity , India , RCE , RPO , solar

India commercial rooftops ‘to reach grid parity next year’

By : Sustainability ..., Nov 13, 2014

The chief technology officer of Indian manufacturer and installer, Tata Power Solar, has said commercial rooftop solar will reach grid parity before any other solar segment in India, and will be the cheapest form of energy for customers by 2024.
 
Commercial...

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India Must Spend $250B by 2019 to Meet Its Power Needs

By : Sustainability ..., Nov 12, 2014

If India is going to provide power to its more than 1 billion people over the next five years, it will need to invest about $250 billion during that time, according to Reuters. The country’s power minister, Piyush Goyal, speaking at the World Economic Forum conference in New...

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Fall in solar prices attributed to scale effect, industry’s maturity

By : Sustainability ..., Nov 11, 2014

Going by the results of the bids in Andhra Pradesh and Karnataka, solar prices seem to be stabilising at under Rs. 7 a kWhr, not much higher than the prices of electricity produced with imported coal.
 
The lowest tariff in the Andhra Pradesh bid was Rs. 6 a kWhr...

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India's Struggle to Get Reliable Power to Hundreds of Millions of People

By : Sustainability ..., Nov 3, 2014

India’s new Prime Minister Narendra Modi is known as a “big thinker” when it comes to energy. But in his country’s case, could thinking big be a huge mistake?
 
Two years ago, as Indians sweated through 115-degree temperatures on the eve of an unusually late...

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Subject Tags: electricity , energy , India , power