New Delhi, Feb 10 (IANS) The NITI Aayog on Tuesday released the second set of four Study Reports on Scenarios Towards Viksit Bharat and Net Zero, which cover the transport, industry, power, and critical minerals sectors.According to the reports, electricity’s share in the power sector can rise as high as 60 per cent in 2070 from 21 per cent in 2025, while the share of non-fossil generation increases from 23 per cent to 80-85 per cent. Electricity, biofuels, and hydrogen can meet nearly 90 per …
Latest Power Sector News & Updates
New Delhi, Jan 23 (IANS) Pakistan’s National Electric Power Regulatory Authority (Nepra) has released a damning report on the performance of the country’s power sector.Nepra noted that distribution companies continued to suffer from poor governance with transmission and distribution losses exceeding allowable limits, low bill recovery and load-shedding based on Aggregate Technical and Commercial losses. Reference was also made to Debt Service Surcharge sourced to poor governance of the power…
New Delhi, Jan 21 (IANS) In a bid to create future‑ready, financially viable and environmentally sustainable power sector, the government on Wednesday said it has released a new ‘Draft National Electricity Policy (NEP) 2026’ for public consultation with stakeholders.The ‘Draft NEP 2026’ aims to transform the power sector for meeting the vision of Viksit Bharat at 2047. The policy targets per capita electricity consumption of 2,000 kWh by 2030 and over 4,000 kWh by 2047.It also aligns with …
New Delhi, Jan 19 (IANS) Pakistan’s power sector has plunged into a major crisis, with consumers ending up paying up huge electricity bills even though they have to face frequent outages, according to reports.According to media reports emanating from Pakistan, the mess is due to misgovernance, corruption, underinvestment, and unpredictable policy.The power sector’s credibility is at its lowest point as even several policy resets have not been able to correct the situation. So, it is no surpr…
Gandhinagar, Jan 16 (IANS) Gujarat is poised for a major industrial leap forward, with more than 6.26 lakh new jobs expected to be created across the state following a record number of investment commitments at the recent Vibrant Gujarat Regional Summit held in Rajkot. Briefing the media after the state cabinet meeting chaired by Chief Minister Bhupendra Patel, government spokesperson and minister Jitu Vaghani shared detailed outcomes of the two-day summit.According to Vaghani, the Kutch–Saura…
Jaipur, Jan 12 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma on Monday said youth participation is crucial to realising the vision of a “Developed Rajasthan”, asserting that India is a young nation and its youth form the foundation of both the country and the state.Addressing students from various educational institutions during a pre-budget dialogue at the Chief Minister’s residence, Sharma said the dream of a Developed India and a Developed Rajasthan can be achieved through the energy and …
New Delhi, Jan 2 (IANS) The Indian equity markets touched record highs on Friday, led by strong buying in the metal, FMCG and auto stocks.At the close of trade, the Sensex gained 573 points, or 0.67 per cent, to settle at 85,762. The Nifty, meanwhile, advanced by 182 points, or 0.70 per cent, to close at 26,328.Nifty hit a record high at 26,330 earlier in the day. Its previous high was 26,325. Bank Nifty also surged to a fresh all-time high of 60,152.35, driven by continued strength in the banki…