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.
Of the 165 domestic coal-based thermal power plants in the country, 30 had critical stocks as on June 7.
The move is a step towards the government's intention to shift India's electricity trading from long-term (25 years) power purchase agreements (PPAs) to electricity markets (exchanges) and shorter PPAs of up to 12-15 years. It also means the government has revived its plan to introduce Market-Based Economic Dispatch (MBED) mechanism in India.
The company plans to focus on India and quality orders, customers
These projects will attract an investment of about Rs 44,000 crore and will generate indirect and direct employment for 7,000 people in the state.
The country's power demand is likely to remain above 200 GW in the June owing to delayed monsoon.
Gas-based power plants have played a crucial role this summer to meet India's electricity demand in the non-solar hours.
Tata Power now adding renewables to city-based generation portfolio as thermal plants are polluting, way more expensive, and take much longer to be built. Company looking at running decommissioned 500 MW Unit 6 of Trombay thermal power plant, using naphtha and green hydrogen as fuel.
Despite the government mandating thermal power plants to blend imported coal up to 6 percent, only 3 percent has been achieved on an average so far. Yet, the India managed to save at least 46 MT of domestic coal with the import mandate.
At least 35 million tonnes of coal are stocked at thermal power plants.
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