Union Minister for Power RK Singh said the government is fully prepared to meet the power demand during the monsoon
The government must come up with measures to plug the glitches that are short-circuiting the solar park scheme
The energy shortage in the country has come down from 4.2 percent in 2014 to around 0.2 percent in FY 2022, the Union minister for power said.
Union minister for power RK Singh on June 22 said the government is fully prepared to meet the power demand during the monsoons as well.
Delayed by 10 days due to cyclone Biparjoy, the southwest monsoon is likely to progress further and hit Mumbai during June 23-25, the India Meteorological Department said on June 21.
The reasons for delay in establishing Solar Parks include challenges in acquisition of clear land, mismatch in timelines between solar projects and power evacuation infrastructure, environmental issues like Great Indian Bustard issue, and regulatory challenges like non-approval of solar tariff by SERCs
The problem is that India's own manufacturing units for RE projects are scarce at the moment. While there is almost no set up in the manufacturing of parts for wind energy in India, manufacturing in the solar sector is picking up but slowly
The central government recently sped up the permission process for pumped storage projects in the country. State governments have also signed MoUs for setting up PSPs. Moneycontrol explains why governments are so invested in this hydropower technology.
The government on June 12 extended its direction to imported coal-based plants to mandatorily operate and generate power till September 30 this year.
Tariffs during solar hours should be at least 20 percent lower than the usual tariffs across all categories. Also, the ToD tariff specified by the state commission for C&I consumers during the peak period of the day shall not be less than 1.20 times the normal tariff and for other consumers, it shall not be less than 1.10 times the normal tariff, as per the latest amendments by the government
At least, 33.9 million tonnes (MT) of coal are stocked at thermal power plants.
The stock pileup has forced some mines to curtail production. Fewer railway rakes for timely transportation and spontaneous combustion, forcing the sprinkling of water to cool the coal, affecting its quality, are exacerbating the storage challenge
The export supplies will be made to Latin America, the Middle East, and north Africa, a company statement said without providing further details.
Aggregation of buying and selling on power exchanges may disrupt the current market hierarchy but will likely increase competition in the short-term market.
The non-solar or night-time peak power demand also remained as high at 212.43 GW. On June 13 it was 213.45 GW.
NTPC can also explore the burgeoning market for carbon credits trading to further improve returns from repurposed projects, the report said
At least 34.3 million tonnes (MT) of coal are stocked at thermal power plants as on June 13.
On June 9, the non-solar or nighttime peak power demand also remained as high as 214.2 GW. On June 12, it was 213.53 GW.
In the 50 GW-per year trajectories set out for bidding of renewable energy (RE) projects, the government has also exclusively mentioned that bids of 10 GW have to be from wind energy every year.
On the same day (June 9), the non-solar (night time) peak power demand also remained as high as 214.2 GW.
India consumed a record 223.23 GW of electricity on June 9 as heat waves hit several parts of the country. The demand is expected to rise further, as per power ministry officials
The Gevra coal mine beat Indonesia's Sangatta coal mine to be Asia largest mine in FY 23 itself. Beyond the 70MT expansion plan, SECL wants to hit 100MT coal production from Gevra as its notified reserve is 900MT.
The demand which could not be met, also knows as the peak demand deficit, stood at 548 megawatts (MW) on June 8
Market coupling is a must to bring a Market-Based Economic Dispatch (MBED) mechanism in India, which in turn will help in the reduction of power tariffs as it will increase flexibility and liquidity in the trade of electricity in the country.
At least 39 PSPs totaling 47 GW are being pursued for commissioning by the years 2029–2030.