Tags: hydro electric

Average spot power price falls 19 per cent to Rs 3.22 a unit in April

Average spot power price at the Indian Energy Exchange (IEX) declined 19 per cent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on the supply side. “The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 per cent […]

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India and Bhutan finalizes Mangdecchu hydro project’s power tariff protocol

India and Bhutan has finally signed tariff protocol for the output of 720 MW Mangdechhu hydro project. The Protocol was signed between both the countries on 23rd April, 2019 by Dasho Yeshi Wangdi, Secretary, Ministry of Economic Affairs, RGoB and Ajay Kumar Bhalla, Secretary, Ministry of Power, GoI. Prior to this protocol finalization, basic tariff […]

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ASSOCHAM, REPA sign MoU to Hydropower, new and alternate energy

The Renewable Energy Promotion Association (REPA) and The Associated Chambers of Commerce & Industry of India (ASSOCHAM) on Wednesday inked a Memorandum of Understanding (MoU) in New Delhi. As per the MoU, both ASSOCHAM and REPA would collaborate together to promote substantial and tangible actions to increase the co-operation between the two associations. These are some […]

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Bhutan’s Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism: ADB

Economic growth in Bhutan is forecast to strengthen moderately, buoyed by the industry and services sectors, according to a new Asian Development Bank (ADB) report. The Asian Development Outlook (ADO) 2019, ADB’s flagship annual economic publication, forecasts the economy to grow at 5.7% this year and 6.0% in 2020. This is following the slipping of growth […]

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MERC approves 700 MW PPA between Distribution and Generation Business of Tata Power

Maharashtra Electricity Regulatory Commission (MERC) has allowed the Distribution Business of Tata Power, India’s largest integrated power utility to have a Power Purchase Arrangement (PPA) with its generation arm for 700 MW to be supplied from its Trombay Thermal and Hydro plants for a period of five years from 1 April 2019 to 31 March […]

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Cabinet approves Kiru Hydro Electric Project in Jammu and Kashmir

The Cabinet Committee on Economic Affairs, chaired by PM Modi has approved the investment sanction for construction of Kiru Hydro Electric Project (624 MW) by Chenab Valley Power Projects Private Limited (CVPPPL) in Jammu and Kashmir. The project will be implemented at an estimated cost of Rs.4287.59 crore (at July, 2018 price level) which includes Interest […]

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NEEPCO to execute two hydel power projects in Meghalaya: Power Minister

The North Eastern Electric Power Corporation Limited (NEEPCO) would be executing two hydel power projects in power-starved Meghalaya, Power Minister James K Sangma said on Wednesday. At a cabinet meeting held on Tuesday evening, it was decided that the two projects would be given to NEEPCO, Sangma said. The two power projects are Umja-ut Hydro […]

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Cabinet approves investment proposal for Arun-3 Hydro Electric Project

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved investment for Transmission Component of Arun-3 Hydro Electric Project (Nepal portion) for an estimated cost of Rs. 1236.13 crore at June 2017 Price level. The current approval is for Investment approval of 400 kV D/C Diding (In Nepal) – Bathnaha (International […]

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NLC India inks an agreement with NHPC for power trading

State-run NLC India said it has inked an agreement with state-run hydro power giant NHPC for power trading. “MoU between NLC India and NHPC Ltd, in the area of Power Trading, was signed by A Ganesan, executive director/commercial, NLC India, and D Chakraborty, CGM/finance, NHPC, on February 18, 2019 in Chennai,” a statement said. According […]

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Wave energy device could deliver clean energy to thousands of households

Scientists have developed a wave energy technology that they say could help generate low-cost electricity for thousands of houses. The device costs less than conventional designs, has fewer moving parts, and is made of durable materials, said researchers from the University of Edinburgh in the UK. It is designed to be incorporated into existing ocean […]

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