One Nation, One Grid, One Price | India plans market coupling in power trade
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.
In its latest comeback, Suzlon tries to avoid past mistakes
The company plans to focus on India and quality orders, customers
Maharashtra signs MoU with NHPC for renewable energy projects
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.
PowerWatch | India's power demand surges to 214 GW amid hot weather
The country's power demand is likely to remain above 200 GW in the June owing to delayed monsoon.
Exclusive | Rains delayed, NTPC to run gas-based plants at full capacity
Gas-based power plants have played a crucial role this summer to meet India's electricity demand in the non-solar hours.
Lower city embedded generation a cause for Mumbai power cuts: Tata Power
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.
India's thermal power plants utilise 35 MT imported coal, meeting high demand
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.
PowerWatch | India's power demand peaked at 211.6 GW during weekend
At least 35 million tonnes of coal are stocked at thermal power plants.
E-cooking to be the future of Indian kitchen: Ministry of Power
The conference on consumer-centric approaches for e-cooking transition brought together institutional consumers, consumer research groups, policymakers, think tanks and manufacturers
The template for discom reform is improving thanks to more state governments gaining confidence
With top-down reform from the Centre having only limited impact and given the political realities, the evolving model of state-led discom privatisation should be studied, improved, and adopted more broadly across India. Voters have shown more acceptance of recent models: Managing consumers and employee unions is key
NTPC: Plugging into a new circuit of growth
The power generator is riding on the back of stable earnings and better demand along with its increasing footprint in the renewable space
PowerWatch |India's peak power demand reaches 201.7 GW, coal stocks manageable
About 35 million tonnes (MT) of coal are stocked at thermal power plants.
Ohmium, NTPC sign country’s largest-ever green hydrogen electrolyser deal
Meanwhile, NGEL) and UPRVUNL signed a MoU in Lucknow on June 1 to collaborate in the development of renewable energy (RE) parks and projects.
PowerWatch | India's peak power demand remains low as rain brings respite from heat
The share of renewable energy sources such as wind, solar and hybrid in the total energy generation on May 30 was 9.03 percent.
India requires 33.6 trillion to meet growing electricity demand and renewable targets
The total fund requirement for the period 2022-2027 is estimated to be Rs. 14,54,188 crore and for 2027-2032 it is likely to be Rs. 19,06,406 crore.
India will need 51,000 MW additional coal-based capacity by FY32 to meet growing power demand: National Electricity Plan
The NEP indicates that coal will remain important in ensuring India's energy security and energy transition, while keeping tariffs affordable, as battery storage systems remain expensive. However, the growth of renewable energy is going to be steeper than coal till 2032.
Central Electricity Authority sees peak power demand at 277GW for FY27, 366GW for FY32
India’s likely installed capacity for 2031-32 is 900.4 GW comprising 304 GW of conventional capacity and 596 GW of renewable based capacity, the National Electricity Plan stated.
Coal price hike may not increase power tariff for consumers, but input cost for industry may rise
However, the revised coal prices may lead to an increase in the price of cement, aluminum, steel among other commodities due to higher input costs, experts said.
PowerWatch | Peak power demand crossed 201 GW on May 29
The share of renewable energy sources such as wind, solar and hybrid in the total energy generation on May 29 was 9.86 percent
Coal India hikes prices of high-grade fuel by 8% after 5 years
CIL expects a revenue of Rs 2,703 crore for the balance period of financial year 2023-24. Moneycontrol was the first to report on May 11 that CIL was going to increase coal prices due to its plan of increasing the wages for its non-executive staff
PowerWatch | Sporadic rains bring down India's power demand to 191 GW
On May 23, India met a peak power demand of 221.34 GW, which is the highest so far.
Lex: The staggering cost of a green hydrogen economy
The clean energy source is generating buzz as an alternative to fossil fuels. The FT calculates that delivering it requires $20tn of investment by 2050
The Aussie billionaires dreaming of green energy exports have little chance of success
The International Energy Agency expects $1.7 trillion to be spent on clean energy this year, with expenditure on solar power exceeding that on upstream oil and gas for the first time. But the best projects will be erected close to the places where their power will be consumed
PowerWatch | Power demand declines further, but remains above 200 GW
Of the 165 domestic coal-based thermal power plants in the country, only 28 had critical stocks as on May 25.
Power minister aims to clear legacy dues, criticises politicization of electricity
When somebody says that power is free, it means that you pay more taxes because ultimately it is the taxpayer who is bearing the brunt of the free power, the Union minister for power said.
