The minister informed this in a written reply tabled in the House, in which he also dismissed the reports that these companies are not paying additional interest as the state refused to stand guarantee for such loans.
The stable outlook reflects their expectation of generally stable industry conditions and government policy initiatives, which will likely lead to improvements in the financial position of state-owned electricity distribution companies, a statement issued here stated.
"Today, we celebrate a significant milestone in the history of Mizoram with the completion and dedication of the 60-MW Tuirial hydropower project," the prime minister said, while addressing a public meeting here after inaugurating it.
Currently, cheap power is run at a base load while costly power is operated for peak load
Singh also asked them to roll out the Saubhagya scheme in their states to provide power connections to 4 crore families by December, 2018.
KKNPP Site Director SV Jinnah said though the maximum capacity of each unit was 1000 MW, they had reached the full capacity by 3.30 AM today.
"The solar power plant that floats on the surface of water has a capacity of 500 kilowatts (KW). This is the country's largest floating solar plant," the official release issued by Kerala State Electricity Board read.
"Coal India and Railways achieved loading of 257 rakes today to push more coal to power plants," Coal India director (marketing) S N Prasad told PTI yesterday.
Metallurgical sector not only provides employment opportunities to unskilled, semi-skilled and skilled people but it also holds the potential to fill state coffers as increase in capacity utilisation will boost demand for raw material thereby adding revenue to state exchequer, ASSOCHAM said in a communication to Odisha chief secretary A P Padhi.
A power sector expert said the industry has been dragging retrofitting of power plants to reduce emission, citing less clarity on the issue but it was always clear.
The experiment, to gauge the demand of power and load on transformers and sub-stations, started on the midnight of November 6. A total of 23 lakh pump-sets were supplied uninterrupted power during this time, an official release said.
To encourage industries to use hydrogen, Toyota and Air Liquide helped set up the Hydrogen Council, a global lobby launched in January this year.
In fact some leading players in the power industry have already begun adapting themselves to cope with the coming disruption. But there are others who are unwilling to even consider any change.
The chief minister directed the power secretary and the chairman of Punjab State Power Corporation Limited (PSPCL) to examine the implications of the two-part tariff and issue an advisory to the concerned department to freeze industrial power tariff at Rs 5 per unit from November 1, as approved by the state cabinet.
"The execution of the 4,000 MW Yadadri Supercritical Thermal Power Project ordered on Bharat Heavy Electricals Limited (BHEL) by Telangana State Power Generation Corporation Limited (TSGENCO) has commenced with the issuance of revised Letter of Intent by TSGENCO," BHEL said in a regulatory filing.
Conservation groups today condemned the ruling conservative coalition for rejecting the renewable energy target for 2030 that was recommended this year by Australia's chief scientist to comply with the Paris climate change agreement.
The company is ideal for risk-averse long-term investors, who want steady cash flow of a debt instrument but want to neither invest in debt nor take excessive risks of investing in equity.
The loan, approved by the Board of Directors of the Beijing-headquartered Asian Infrastructure Investment Bank (AIIB), involves co-financing of USD 50 million from the Manila-based Asian Development Bank (ADB), state-run Xinhua news agency reported.
Companies which will provide supporting infrastructure for the last-mile connectivity will benefit from the scheme to electrify all villages.
The scheme aims at providing 'last mile electricity connectivity to all rural and urban households'.
Majumdar further said,"...in ICRA’s opinion the spike in spot tariff is likely to be temporary and unlikely to be sustained given the still moderate demand, albeit encouraging, growth and surplus thermal capacity available to meet energy demand".
The drop in coal import comes as the stocks at power plants have thinned due to short supply and higher power generation. "Coal import (all types of coals) in August 2017 stood at 14.97 million tonnes (mt) (provisional), against 19.75 mt in August 2016," said Mjunction Services, an e-auction joint venture between Tata Steel and SAIL.
Barring the short-term reasons like imbalance in demand-supply, the underlying real demand is improving, which is far more important.
Power generation major NTPC Ltd will complete the takeover of the first phase of Chhabra Thermal Power Plant (1,000 MW) of Rajasthan government in 'a month or two' at an estimated cost of Rs 4,000 crore, a top company official said today.
The decision comes as a dozen power plants are staring at a bleak scenario for want of coal. "Of a little over 50 mt of coal earmarked for the ongoing fiscal for the non-regulated sector, including sponge iron, cement and CPPs (captive power plants), Coal India (CIL) will auction linkages of around 25 million tonnes (mt) either in December or January," a senior government official said.