Coal ministry seeks 600 trains daily to augment supply to power plants in summer
India is stepping up coal-fired generation capacity as peak electricity demand is likely to touch 256.5 GW in 2024 from a record 240 GW in 2023.
Govt amends power connection rules; cuts down time, EV owners can take separate connection
Consumers in co-operative group housing societies, multi-storied buildings, residential colonies can now choose on individual connections for everyone or a single-point connection for the whole premises
Strategic Leh-Kaithal Green Energy Corridor gets President's assent
PGCIL is likely to place all orders for the project by March 2025 and it is likely to be a reality by FY2030
India's power regulator directs audit of power exchanges citing lapses
This comes days after the CERC on February 6 ordered for a shadow pilot on market coupling of India's power exchanges.
Govt likely to offer coal at lower than market rate for coal gasification projects
Available land near coal mines under the Ministry of Coal can be offered at competitive and concessional price for setting up coal gasification units, M Nagaraju, additional secretary and nominated authority, Ministry of coal said
Tata Steel, JSW Steel among 27 firms to submit bid in commercial coal mines auction
The online bids were decrypted and opened electronically in the presence of the bidders on February 20
SJVN gets competitive L1 tariff of Rs 3.43/kWh for 1,500 MW solar-wind hybrid project
Of the six bid winners, Juniper Green Energy Private Limited topped the list by securing 150 MW at the opening tariff rate of Rs 3.43 kWh.
For PTC India, inferior sales mix can undermine market coupling benefits
The short term electricity trade business is less profitable than medium term and long term contracts
Thermax Ltd to renew focus on power projects in FY25: CEO Ashish Bhandari
Power sector has emerged back again in a big way in the past three months or so. Hence, the inquiry pipeline relating to thermal power, both utility side and for captive projects, has gone up, said Bhandari
Govt eyes concentrated solar power systems in renewable energy parks
There have been only a handful of solar thermal or CSP projects in India so far
Adani Green Energy puts 551-MW solar capacity in Gujarat on stream
The energy generated from the Khavda RE park is projected to power approximately 16.1 million homes annually, a monumental contribution to clean energy production.
Tata Power will be a leading supplier for PM Rooftop Solar Scheme: CEO Praveer Sinha
According to Sinha, the timing of the announcement couldn't have been better for Tata Power. To install solar panels in one crore households, domestic content requirement (DCR) solar PV modules will be needed, and Tata Power's new module-making unit will be well-positioned to supply the same.
Hopeful of agreement on Mundra power plant before June-end: Tata Power CEO
At present, under Section 11, full quantum of the power from Mundra is being procured by the procurers, Praveer Sinha said.
Rising utilisation levels point to a good summer for thermal power producers
Utilisation levels in January 2024 surpassed 2023 highs indicating demand uptick
MC Interview | Crude prices will remain at current levels, India’s imports will rise: IEA oil markets head
From now till 2030, India will be the largest source of oil demand growth globally, says Toril Bosoni. As a big crude oil buyer, India can certainly do term deals at better terms and better prices, she said.
Will Modi’s passionate call charge up energy investment?
A conducive environment is imperative for investors, both local and global, to take note of India’s energy potential
Power Grid Q3 net profit inches up 10.5% to Rs 4,028.25 crore, beats estimates
Consolidated revenue increased marginally to Rs 11,819.70 crore in the three months ending December from Rs 11,530.22 crore in the year-ago quarter, registering an increase of 2.5 percent
Initial simulations by CERC suggests market coupling will not have any significant benefit: IEX CMD
The CERC order, seen by Moneycontrol, however, also stated that coupling RTM and SCED would help increase the depth of the market while ensuring system reliability
MC Explains: What is market coupling and why is it in the news?
It would mean a uniform price for electricity across power bourses, but analysts say this will not have any immediate impact on the end user (household, industry or commercial).
IEW 2024 Highlights: Saudi producing less than capacity, but market has enough oil, says Hardeep Puri
India Energy Week 2024 Highlights: The appetite shown by India amid the global headwinds has helped in stabilising the global energy market, Petroleum Minister Hardeep Singh Puri said. He also added that "you cannot go for renewable energy if the market is not ready for it". The transition is required to be stable, he said.
PMSY -- Will rooftop solar be third-time lucky?
Financial incentives are not the only determining factor for the progress of the rooftop solar scheme in the country
Pradhan Mantri Suryoday Yojna: Houses consuming up to 300 units to get rooftop solar free
A day after the Interim Budget, Union minister for power RK Singh, providing further clarity on the scheme, said those who availed low-income houses under the Pradhan Mantri Awas Yojna will be considered in this. He added that households with power consumption more than 300 units per month will have to install rooftop solar on their own, even as they will be eligible for enhanced subsidies.
After Interim Budget, govt invites bids for offshore wind projects
The government has made it clear that no viability gap funding will be given under the open access bids and the renewable energy generated will be sold to industries, which are currently in the high-tariff band
Rooftop solar scheme will need capital subsidies, integration with discoms to succeed: ReNew Chairman on Budget 2024
The announcement regarding offshore wind projects has to translate into a specific plan and then Ministry of New and Renewable Energy (MNRE) will have to call for bids. Besides, even though there was no mention of green hydrogen in the budget, a lot of things are actually happening outside of the budget.
