India had a massive power deficit of -16.6% in 2007-08. Even in 2011-12, it was -10.6 %. Through the multi pronged, comprehensive and aggressive interventions of the government, this deficit is near about wiped out, consistently over the last 3 years: -.4% In 2020-21, -.7% in 2019-20 and -.8% in 2018-19. The current year, up till October, it has been ...

2.82 crore households have been electrified since the launch of SAUBHAGYA. These figures are till March 31st of this year.  As of march 2019, 2.63 crore willing un-electrified households in rural and urban areas of the country were provided electricity connections in a record time of 18 months. Subsequently seven states- Assam, Chhattisgarh, Jharkhand, Karnataka, Manipur, Rajasthan and Uttar Pradesh reported that ...

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme.  The Scheme seeks to improve the operational efficiencies and financial sustainability of all DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance to DISCOMs for strengthening of supply infrastructure. The assistance will be  based on meeting ...

NTPC Limited, India’s largest power generating company under Ministry of Power has become first energy company in energy domain in India to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). NTPC has set a target to install 60 GW of renewable energy capacity by 2032. India’s largest power producer is also aiming at 10% ...

NHPC Limited, India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise under Ministry of Power has declared its Audited Financial Results for the Financial Year 2020-21. The Board of Directors approved the Audited Financial Results for FY 20-21 in the e-meeting held yesterday. NHPC has reported highest ever net profit after tax of Rs 3233.37 Crore on standalone basis ...

Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under Ministry of Power, Government of  India has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited (JPVL) to acquire 74% stake in Jaypee Powergrid Limited-JV (JPL) in which POWERGRID holds 26% equity. JPL will become a wholly owned subsidiary of POWERGRID following this acquisition. JPL-JV has developed a ...

The Competition Commission of India (CCI) approves acquisition of 51% of the equity share capital of North Eastern Electricity Supply Company of Odisha (“NESCO Utility”) by The Tata Power Company Limited  (“TPCL”) from Grid Corporation of Odisha Limited (“GRIDCO”) under Section 31(1) of the Competition Act, 2002, on 18th March 2021. The proposed combination relates to the acquisition of 51% ...

Shri R. K. Singh, Minister of State for Power (I/C) administered the Oath of Office and Secrecy to Shri Pravas Kumar Singh, Member, Central Electricity Regulatory Commission (CERC) here today. Shri Pravas Kumar Singh was appointed Member of CERC vide Order dated 16.12.2020. He holds LLB Degree. He has worked as Member (legal) in Jharkhand SERC till he was appointed ...

Odisha Power Transmission Corporation Limited today signed an MoU with Indian Institute of Technology, Bhubaneswar for establishment of OPTCL Chair position in IIT Bhubaneswar in presence of Minister Energy,Govt. of Odisha Sri Dibya Shankar Mishra. Present on the occasion were Dr. Saurabh Garg, IAS Chairman OPTCL and Prof. R.V Rajakumar, Director, IIT, Bhubaneswar, Sri Sanjeev Singh,MD of OPTCL, Sri Trilochan ...

The Framework for Strategic Partnership between the International Energy Agency (IEA) members and the Government of India was signed on 27th January, 2021 to strengthen mutual trust and cooperation & enhance global energy security, stability and sustainability.This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of the ...