BUSINESS
India's power system struggling to accommodate growing renewable energy capacity: IEEFA report
The seasonality of wind energy and concentration of wind power generation assets in six states leads to grid congestion in during the high seasons, the report said.
BUSINESS
NLC India CMD says no plans for divestment as of now; focus on asset monetization
The company has also sorted out most of the land acquisition issues for expansion of its lignite mine in Tamil Nadu's Cuddalore district, says Prasanna Kumar Motupalli. A section of the locals have been protesting against the project and in May, NLCIL had to shut five units of thermal power plant due to lignite shortage.
BUSINESS
SECI invites bids for green hydrogen production and incentive scheme
The last date to submit the bids is September 7, 2023 and bids will be opened on September 12.
BUSINESS
SECI invites bids for selection of electrolyser manufacturers for 1.5-GW capacity
Bidders will have to fulfil certain values of electrolyser performance such as specific energy consumption (SEC) and local value addition (LVA) for being eligible for the performance-linked incentive scheme.
BUSINESS
India aims to export 70% from likely 5 million metric tons green hydrogen output by 2030
Bhalla said the National Green Hydrogen Mission (NGHM) has a provision for imposing a consumption mandate, but added that no such mandate has been decided as of now.
BUSINESS
Green hydrogen can transform India’s $200 bn energy import bill into an export opportunity: Hardeep Puri
Ajay Kumar Sood, Principal Scientific Advisor to the Government of India, said India will now have to act fast in implementing the National Green Hydrogen Mission before other countries grab the market.
BUSINESS
Govt decides not to impose green hydrogen consumption obligation
India has committed to reducing the emission intensity of its GDP (emissions relative to GDP) by 45 percent by 2030 from the 2005 level. It also aims to achieve net zero by 2070
BUSINESS
Green Hydrogen R&D: Govt plans to cut costs, boost efficiency
Hydrogen technologies across the value chain are currently only under the development stage. Mature technologies such as electrolysers, fuel cells and carbon composite cylinders are not yet cost competitive with alternatives.
BUSINESS
Like renewable energy, Green Hydrogen in India to be cheapest in the world: RK Singh
Renewable energy accounts for 70-75 percent of the cost of green hydrogen production.
BUSINESS
Government notifies draft framework for formation of India's first carbon market
The Central Electricity Regulatory Commission will be the Indian carbon market regulator for all trading activities, while Grid-India will be its registry.
BUSINESS
Exclusive | Will invest in RE generation, green hydrogen & solar manufacturing: Avaada Group Chairman after raising $1.3 billion
Vineet Mittal said the group is exploring opportunities in the renewable energy market in Southeast Asia and beyond. He said the group plans to invest in a technology center either in Noida or Bengaluru to drive renewable energy innovation.
BUSINESS
Exclusive: Accountability of State Electricity Regulatory Commissions a challenge: Power Secretary
SERCs are expected to follow the norms of the tariff policy as mandated under the Electricity Act, so as to ensure that discoms remain financially viable. But most of the states have ignored this.
BUSINESS
Exclusive | Power ministry has not advised PSU promoters on PTC's regulatory scrutiny, says Secretary
“The power ministry will not protect anybody if someone is found doing wrong after investigations. But right now, it’s all allegations which are being investigated by the most able authorities,” Secretary Alok Kumar told Moneycontrol.
BUSINESS
PowerWatch | Peak demand touched 194.2 GW on July 28; share of renewables at 13.61%
The non-solar or night-time peak power demand remained close to the day-time peak demand of 192.5 GW
BUSINESS
Govt proposes amendments to Electricity Rules, 2005 to make power sector financially sustainable
The proposed amendments to the Electricity Rules, 2005 are targeted interventions for issues ranging from discoms' financial health, transmission for upcoming green hydrogen and renewable energy plants, open access charges and unnecessary appeals in the APTEL, Alok Kumar, secretary, Ministry of Power, told Moneycontrol.
BUSINESS
Govt lines up incentives for green hydrogen production, electrolyser making
The electrolyser incentive will be based on a performance multiplier matrix covering aspects such as energy consumption by the electrolyser and its performance quotient.
BUSINESS
PowerWatch | India met a peak power demand of 194.2 GW on June 27
The peak power demand has remained below the 200 GW-mark for at least three continuous days which can be attributed to monsoon reaching several parts of the country, officials said.
BUSINESS
Eye technology and standards, India to organise international green hydrogen conference in July
The MNRE secretary added that the government will also come up with guidelines for creation of Green Hydrogen Hub, which is an area where production and consumption occur in close proximity.
BUSINESS
Govt to include demand aggregation model in National Green Hydrogen Mission scheme
As the government aims to produce about 1.2 million metric tonnes (MMT) of green hydrogen annually initially, a section of industry stakeholders has been skeptical about mass production despite the incentives,
BUSINESS
Adani Power's 1,600 MW Godda thermal power plant becomes fully operational
APJL will supply 1,496 MW net capacity power from the 1,600 MW Godda USCTPP under the power purchase agreement (PPA) with Bangladesh Power Development Board (BPDB)
BUSINESS
Govt to benchmark prices of biomass pellets, forms committee under CEA
In another modification of the policy, the MoP has directed that torrefied biomass pellets shall only be procured by utilities for which it is technically unavoidable. This change in the policy has been done because production of torrefied biomass pellets is currently limited in the country compared to its demand.
BUSINESS
PowerWatch | India's power demand remains below 200 GW
The peak demand deficit, which refers to the shortfall in meeting the demand, stood at 64 megawatts (MW) on June 26 against 13 MW on June 25. When the demand goes beyond 210 MW, the peak shortage begins to increase and sometimes crosses 2,000 MW as well.
BUSINESS
PowerWatch: Demand declines as monsoon sets in most parts of India
Of the 165 domestic coal-based thermal power plants in the country, 38 had critical stocks as on June 25.
BUSINESS
Power bills in Delhi to rise up to 9.42% as DERC hikes key surcharge
Delhi's minister for power Atishi said consumers who get free electricity up to 200 units will have no impact from the hike in surcharge. At least 1.9 million consumers of BSES Yamuna Power Limited will have to pay 9.42 percent more towards their electricity bills
