The short-term power market is up for an eventful journey in FY18-FY20, says India Ratings and Research (Ind-Ra). However, the market is inhibited by impediments such as transmission constraints, opaque processes on open access within most states and steep cross-subsidy charges. A power supply-demand mismatch and a hiatus in long-term power purchase by states provide immense opportunities to the merchant market.
FlashNews:
Lending Versatility to Modern Infrastructure with Coated Steel
India Post to Grow Revenue by 30% in FY26 under Scindia’s Vision for Performance-Driven Public Service
Solar Now Far Cheaper Than Conventional Energy as Tariffs Fall: Joshi
India Surpasses Clean Energy Goal with 50% of Grid Now Powered by Non-Fossil Sources
Mumbai-Ahmedabad Bullet Train to Launch with Japan’s Next-Gen Shinkansen Technology
From Trade to Tourism, Sonowal Envisions a New Global Role for BIMSTEC
Railways to Begin Massive CCTV Rollout Across Trains to Boost Onboard Security
Ceinsys Tech Wins ₹1.15 Billion MMRDA Contract for Real-Time Infrastructure Monitoring Platform
Siemens Secures ₹7.73 Billion Contract for Nagpur Metro’s Advanced Signalling and Telecom Systems
DFCCIL Launches India’s First Private Gati Shakti Cargo Terminal on Western Freight Corridor
India Clears Elon Musk’s Starlink for Satellite Internet Rollout
GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields
Invest in IREDA Bonds to Support India’s Green Energy Transition and Save Tax
India Invites Feedback on Oil & Gas Reforms Ahead of Landmark OALP Round X: Hardeep Singh Puri
₹50 Billion Boost for Northeast Waterways; Kaladan Project to be Operational by 2027: Sonowal
Tata Sons’ Chandrasekaran Outlines Energy Transition Runway Amid Group’s Moment of Reflection
CII President Rajiv Memani Offers Blueprint for a Competitive Viksit Bharat
JSW Paints to Acquire Majority Stake in Akzo Nobel India in ₹89.86 Billion Deal
India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
Indian Private Equity takes off!
Private Equity (PE) in India is still in its nascent stage, accounting for roughly 1 per cent of GDP.
Modified Coal Linkage Policy could be a game-changer | Angel Broking
The Cabinet Committee on Economic Affairs (CCEA) on May 17th 2017 approved the Modified Coal Linkage Policy for the power sector. Under this policy, all power plants will be assured of adequate supply of coal at competitive prices
Solar energy: 100 GW Target
On June 17, 2015, the Centre approved the proposal to boost the country´s solar power capacity target under the National Solar Mission by five times, to achieve 100 GW by 2022
E-auction portal for PPAs
Long-term power purchase contracts will now be decided through reverse e-auctions and the successful bidder will sign power purchase agreements (PPA)
We want to focus on doing the largest transactions
When I came to India last year, I first focused on finding assets to finance. I started with some very small projects. These were portfolios of rooftops or small utility scale projects that gave us an understanding about the issues here. I´d also been advising the Aditya Birla group prior to moving, with the previous firm I was working with in New York.
Sunshine in the Solar Sector
Paradoxically though, in a country with the fourth largest coal reserves, per capita electricity consumption is abysmally low and a significant number of Indians either have little or no access to electricity, while others face challenges in accessing uninterrupted and reliable electricity supply.
NTPC inks PPA for solar project in AP
NTPC Limited and Andhra Pradesh power utilities signed a power purchase agreement (PPA) for procurement of power to be generated from the 250 MW solar plant
Govt invokes Electricity Act
The Union Ministry of Power has told the Central Electricity Regulatory Commission (CERC) to ensure the rates for power produced from auctioned coal blocks won by power producers do not exceed what was concluded in power purchase agreements (PPAs).
NTPC mulls buying eight power plants
NTPC has identified seven to eight private power plants as potential acquisition targets. The company will take a final decision on them and make an announcement before 31 March, 2015.