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Electricity transition report rates BESCOM 43rd in country

The report also observed that BESCOM did not receive state government support for help in loss takeover in FY23 amounting to 1,700 crore. Furthermore, it got a score of 20.6 out of 75 under financial sustainability, 9.1 out of 13 under performance excellence, and 7 out of 12 under external environment. It also recorded 32,335 MUs of net input energy and 29365 MUs of net sold energy.

Texas Power Prices Signal Grid Stress in Another Long, Hot Summer

(Bloomberg) A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldTraders star

India Ratchets Up Its Renewable Energy Installations

India has ratcheted up renewable energy installations in recent months, with installations in March this year more than doubling the previous all-time high set in March 2022

Electricity prices drop by 14pc on increased generation

Prices are expected to fall further as the rains continue to batter the country.

European Parliament Endorses EU Electricity Market Reform

The European Parliament has adopted a proposed reform in the EU’s electricity market to make power prices less dependent on fossil fuel prices.

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