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REC Limited receives Adam Smith Awards for Best Funding Solution in ASIA 2024

The award is a benchmark in Corporate Treasury and acknowledges organisations that exemplify innovation, efficiency, and strategic expertise in financial management. REC Limited, a Maharatna CPSE under the Ministry of…

Prayagraj Power Generation Company signs MoU with ZaaK Technologies

This MoU will enable PPGCL to move rapidly towards its goal of adopting sustainable practices in thermal power generation.  Prayagraj Power Generation Company Limited (PPGCL) has signed an MOU with…

Upward pressure on cost of power supply for DISCOMs: ICRA

The variable cost of generation for imported coal based power projects is estimated to have increased by more than ₹3 per unit between March 2021 and March 2022 The incremental…

Cabinet approves amendment in Mega Power Policy 2009

The approval will help in revival of various stressed power assets, Ministry of Power will further offer an alternative for present electricity market. The Cabinet Committee on Economic Affairs, chaired…

Government to boost domestic coal production to reduce imports

Government to accommodate clean fuel and coking coal under cooking fuel under PMUY, and pen ways to increase local production. Demand of coal is higher than the current level of…

India can halve electricity costs and achieve net-zero before 2050

The report shows that by 2050, thermal balancing power plants will have a relatively small, but crucial, back-up role, providing 1.1 percent of electricity generation. India can cut its overall…

Success story: Enhancing power plant performance with superior lubrication 

As a rapidly growing economy, India’s energy demands are many. The country’s power sector is also one of the most diversified in the world, ranging from conventional sources such as…

NTPC moving away from coal

“Under continuing pressure from deflationary renewable energy tariffs, India’s coal-fired fleet’s utilisation rates have collapsed to an unsustainable low of below 60 percent for the last three years.” The majority…

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