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.
PowerWatch |Peak power demand drops due to sporadic rains
The share of coal-fired power plants in meeting the demand was 71 percent.
Will do away with protectionist barriers if there is profiteering: RK Singh to wind OEMs
In the wind energy sector, most of the manufacturers are actually exporting all their products. I'll do away with the LMM for wind energy if this continues, said Union minister for power and renewable energy RK Singh.
Power minister warns developers against delayed projects in India
On February 15, the government issued an order stating that if any renewable energy project is not commissioned by the prescribed date of completion, then the developer will be blacklisted for a period of three to five years after asking him/her to show cause.
MC Exclusive | JSW Energy to set up 3,800-tonne green hydrogen plant in Karnataka, sign 7-year supply deal with JSW Steel
The company intends to spend Rs 85,000 crore in the next seven years under its recently unveiled ‘Strategy 2.0’ initiative, wherein it aims to increase its generation capacity to 20 GW and energy storage of 40 GWh/5GW by 2030.
Govt amends green energy open access rules for wider access to renewable power
The government also extended the scheme to offer a waiver of surcharge for electricity generated through offshore wind by seven years - from 2025 to 2032.
PowerWatch: Peak power demand on May 23 breaches previous high
Out of the 165 domestic coal-based thermal power plants in the country, only 30 had critical coal stocks as of May 23.
PowerWatch | India's power demand soars to record high, exceeding previous peaks
The country’s coal stock situation continues to be “manageable” as of now, according to the data.
Exclusive: Govt to offer incentives in demand aggregation model for green hydrogen
Incentives for green hydrogen production will be given in two buckets. One, bidders who quote the lowest cost of the incentive and second, those who quote the lowest price for the hydrogen produced, senior officials told Moneycontrol.
Value unlocking plan still on for renewable energy arm, says NTPC
This comes more than a month after Malaysia's Petroliam Nasional Berhad (Petronas) withdrew its offer for a 20 percent stake in NTPC Green Energy Ltd.
Gradual shift from coal to other essential minerals likely in mining sector: RBI staff
India’s share in global reserve of critical minerals such as cobalt, nickel, and graphite are low, the article stated
PowerWatch | Power demand may breach previous high this week
Of the 165 domestic coal-based thermal power plants in the country, 31 had critical coal stocks as of May 21.
India's enthusiasm for clean energy is a lesson for developed countries
A far cry from its earlier wariness for international climate conferences, India is taking the initiative, fuelled by the growing self-confidence of a country that’s seeing the fastest economic growth this year among G20 economies.
MC Exclusive | PFC-REC merger no longer an option: REC CMD
In the last five quarters, REC has not added any NPA. Its gross NPA has fallen from 4.5% to 3.4% percent now, and its net NPA from 2.3% to 1.01%. REC plans to be a net NPA-zero company in the next two years.
PowerWatch | As demand grows, power cuts become regular affair
The Power Ministry expects the peak demand to touch 230 GW this summer
NTPC’s green arm, HPCL-Mittal Energy sign MoU for renewables & green hydrogen business
The MoU is a step for decarbonising HMEL's Guru Gobind Singh Refinery (GGSR) .
PowerWatch | India’s power demand stood at 221 GW on May 17, highest so far
To avoid a repeat this season, the Power Ministry has taken measures such as mandating all imported coal-based thermal plants to operate at full capacity.
REC to fund infra and logistics projects up to 33% of its loan portfolio: CMD
The CMD stated that in FY 2022-23, no new non-performing assets (NPAs) were added to the REC’s portfolios.
PowerWatch | India's peak power demand hits record 220 GW amid intense heatwave
The average market clearing price on May 17 at the time of the record high peak demand was Rs 5.71 per unit. The power exchange was left with a surplus power of 2,807 MW during the peak demand which hit between 3-3:15 pm.
Exclusive | States stay away from rail-ship-rail route for coal transportation this summer
Highlighting the negligible use of this route, Coal Secretary A L Meena said currently 400 rakes of coal are transported daily for the power sector, of which only two are through the RSR route.
India set to launch first offshore wind tender, boosting renewable energy portfolio
Industry experts said there has to be substantial order pipeline volume for original equipment manufacturers (OEM) such as the wind turbine maker to consider entering offshore wind markets in India.
PowerWatch | Power demand surges to 212 GW, to breach previous high soon
As several parts of the country are now facing heatwave-like conditions, India's peak power demand that will be met may breach the previous high of 215 GW in a day or two.
Heatwave | 85% Indian households face power cuts every day: Survey
At least 57 percent of the households surveyed indicated that they face up to 2 hours power outage every day, while 37 percent said they experienced power outage between 2- 8 hours.
