BUSINESS
Exclusive: NTPC plans 14,000 MW pumped hydro storage projects for round-the-clock power
The states identified for such projects include Gujarat, Himachal Pradesh, Meghalaya, Chhattisgarh, Uttar Pradesh, Maharashtra, Andhra Pradesh, Tamil Nadu and Karnataka
BUSINESS
International Solar Alliance to increase viability gap funding for solar projects to 35% from 10%
The ISA, on October 31, also announced that the government of India is considering an investment of $25 million in the Alliance's Global Solar Facility (GSF), which is a fund that aims to accelerate renewable projects across the needy member countries. Moneycontrol was the first to report this on September 12.
BUSINESS
Running On Empty: NTPC power plants have coal stocks of only 8.5 days
The reasons for the dismal stocks range from low production due to monsoons, supply issues due to logistical constraints, and robust power demand even at night. But the situation is likely to improve from the end of this month thanks to higher production
BUSINESS
Exclusive | French energy giant Engie to bring its GEMS unit to India: CCO Naresh Baluja
While the subsidiary will offer decarbonisation solutions, Engie India also plans to break into the commercial and industrial sectors
BUSINESS
Coal stocks at domestic coal-based plants hit year’s low on robust power demand, transportation woes
Acting on the shortage, the Ministry of Power on October 25 directed all thermal generating stations, including Independent Power Producers, to mandatorily blend imported coal at 6 percent of their total capacity till March 2024. Until now, the mandate was limited to 4 percent.
BUSINESS
IndiGrid awarded its first battery energy storage system project
The primary applications envisaged for the project are energy time-shift and ancillary services such as frequency support capacity upgrade deferral and resource adequacy.
BUSINESS
Exclusive: Imported coal-based power plants have to run on 100% capacity till June
The eight-month long extension has been directed by the Ministry of Power owing to a surge in electricity demand, inadequate supply of domestic coal and reduced hydropower generation.
BUSINESS
AQI woes: Delhi govt to use dust suppression tech to combat ‘poor’ air
Delhi transport minister Gopal Rai said that directions were issued to increase the frequency of metro and buses in Delhi as mandated under the Stage II of the Supreme Court-mandated Graded Response Action Plan (GRAP)
BUSINESS
A Delhi-Mumbai story: Which city's air quality is worse?
While the financial capital has been waking to a thick blanket of smog owing to a rapid increase in construction activity, the national capital has been engulfed by clag (fog) in the past three days.
BUSINESS
Solar module makers will soon have to follow 'Make in India' trajectory: RK Singh
Moneycontrol on October 17 reported how Indian solar manufacturers are currently being forced to export as developers prefer imported modules due to the ALMM norm being kept in abeyance till March, 2024.
BUSINESS
Global Solar Sector investment soars to $380bn in current year, says ISA's Ajay Mathur
Union minister for power and new and renewable energy RK Singh said the International Solar Alliance (ISA) is much bigger than other energy organizations such as the International Energy Agency (IEA), which has 31 member countries.
BUSINESS
Sikkim flash flood | Power ministry investigating early warning system at Teesta Urja hydropower project: RK Singh
Calling the GLOF calamity a "freak incident", the Union minister for power said the Indian government is not ready to write off hydropower projects as yet.
BUSINESS
Indian solar manufacturers forced to export as developers prefer imports: Industry stakeholders
Chinese companies continue to control the market with depressed prices, making imported solar modules cheaper even with the imposition of duty, or by routing them through FTA countries, thereby killing the home market for Indian manufacturers
BUSINESS
Exclusive | Mundra to be largest fully integrated renewable energy manufacturing hub: Adani Group
Among other things, it will build a 10GW polysilicon manufacturing unit and increase wind turbine production capacity to 5GW from 1.5GW, all at Mundra. The capex for the fully integrated solar manufacturing plan would be over Rs 300 crore, Adani officials said
BUSINESS
MC Explains: How govt plans to safeguard hydroelectric projects in the aftermath of Sikkim floods
The CEA this week released guidelines for slope stability in hydropower projects, and had earlier set up a panel to look into the technical problems and resultant cost overruns in such projects.
BUSINESS
Govt plans to reduce renewable generation obligation for new power plants to 6-10% from 40%
Coal-fired power plants have been significant in powering the country during non-solar hours when renewable energy is not available in the absence of energy storage systems
BUSINESS
India's shift to green power may cost 73,800 jobs at Coal India by 2050: GEM report
If plans were implemented to phase down coal to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), only 250,000 miners - less than 10 percent of the current workforce - would be required worldwide, the GEM report stated.
BUSINESS
MC Explains: India inches a step closer to its One Sun One World One Grid mission
A task force set up by the Ministry of Power is examining the feasibility of interconnecting the regional grids of south-east Asia, south Asia, the middle east, Africa, and Europe for sharing renewable energy.
BUSINESS
Exclusive: At least three hydropower projects of 2,210 MW affected in Sikkim flash floods
Two operational hydropower projects totalling 1,710 MW and one under construction project of 500 MW have been affected in the Sikkim flash floods.
BUSINESS
Rule to compensate consumers for gratuitous load shedding must be implemented by state power regulators: RK Singh
"State governments are free to declare subsidies but they have to be paid for. Power is not free and it has to be paid for," the Union minister said.
BUSINESS
Exclusive: Waaree Group aims to raise Rs 2,000 crore through IPO: CMD Hitesh Doshi
Waaree Energies Ltd will open the group’s first solar module manufacturing plant outside India, in Texas, US, the CMD said
BUSINESS
India's first offshore wind projects to come up across Tamil Nadu coast
The government has made the National Institute of Wind Energy (NIWE) the nodal agency for offshore wind projects
BUSINESS
India's power demand hits five-year high in September: CRISIL
CRISIL MI&A expects power demand to increase 9-10 percent on-year in the second quarter of fiscal 2024, and to rise 5 percent on-year over the full year.
BUSINESS
Govt forms expert panel to look into delays in hydropower projects
As of March 31, 2023, India had an installed hydroelectric power capacity of 42,104.55 MW, which is 29 percent of the total reassessed potential capacity of 1,45,320 MW
