RTM
IEX records 7805 MU volume in August 2022, up 9 per cent over July
- Sep 7, 2022
Indian Energy Exchange achieved 7,805 MU (million units or million kwh) volume in August 2022, registering a 9 per cent growth over July 2022. This comprised 6,517 MU in the conventional power market, 437 MU in the Green Power Read more
PGCIL plans to capitalize assets worth Rs.11,000 crore in FY23
- Aug 17, 2022
Power Grid Corporation of India Ltd (PGCIL) plans to capitalize assets worth Rs.11,000 crore in FY23, according to a company presentation. PGCIL’s capitalization target of Rs.11,000 crore is in excess of its capital expenditure (capex) target for FY23 that Read more
Additional component of Warora-Kurnool scheme to come under RTM mode
- Aug 5, 2022
Central Electricity Regulatory Commission (CERC) has ruled that the additional component of an 80 MVAR reactor associated with the Warora-Kurnool transmission scheme may come up under the regulated tariff mechanism (RTM) mode, though the original project is being Read more
Hindustan Power Exchange introduces new trading segments
- Jul 29, 2022
Hindustan Power Exchange (HPX), on July 28, 2022, launched three new trading segments —Day Ahead Market (DAM), Green Day Ahead Market (G-DAM) and Real Time Market (RTM). With the launch of these segments HPX has enhanced its portfolio to Read more
WRES-XXV to be implemented under RTM mode
- Jun 13, 2022
The National Committee on Transmission (NCT) in its latest meeting has approved the implementation of the “Western Region Expansion Scheme – XXV” under the regulated tariff mechanism (RTM) route. The scheme, costing about Rs.210 crore, needs to be completed Read more
IEX records 29 per cent year-on-year volume growth in February 2022
- Mar 3, 2022
Indian Energy Exchange (IEX) achieved 8,760 MU volume in February 2022 comprising 7,695 MU in the conventional power market, 453 MU in the green power market and 612 MU in the REC Market. Overall, IEX achieved 29 per Read more
PGCIL set to easily surpass FY22 capex target
- Feb 14, 2022
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more
IEX trading volume clocks 24 per cent y-o-y growth in December 2021
- Jan 6, 2022
Overall trading volumes on Indian Energy Exchange (IEX) recorded a 24 per cent year-on-year growth in December 2021, at 9,035 million kwh (million units or MU). This total cleared volume comprises – conventional power market (7,285 MU), green power Read more
Power transmission projects worth nearly Rs.16,000 crore approved
- Dec 9, 2021
The Union power ministry has approved over 20 interstate transmission system (ISTS) projects, with an aggregate investment outlay of nearly Rs.16,000 crore. Approval has also been given to a new substation at Siot in the UT of Jammu Read more
Tata Power, BluWave~ai join forces for AI-enabled energy optimization in Mumbai
- Oct 6, 2021
Tata Power has signed a three-year commercial agreement with BluWave~ai, the world’s first renewable energy artificial intelligence (AI) company. This agreement comes at the conclusion of a successful trial project during which Tata Power evaluated the performance of the Read more