PowerWatch | India's power demand breaches the 200 GW-mark after 20 days
The power demand breached the 200 GW-mark after 20 days. Last it was on April 21, when the demand met was 204.7 GW.
PowerWatch: India's power demand inches closer to 200 GW again
Unless there is a drastic change in the weather, India's peak power demand is likely to again cross 200 GW in a day or two, officials said.
Coal prices likely to be hiked as CIL prepares to revise wages: Sources
The hike in coal prices, if approved by the CIL Board, could result in an increase in power tariffs by up to 3.5 percent, experts said.
PowerWatch: India's peak power shortage hits 2,348 MW as demand rises
Last year, the peak demand that was met on May 8 was 198 GW and the deficit was 754 MW.
MC Interview | Don't expect shortage of coal, imports will continue to increase: Coal Secretary
India will continue to expand its coal production capacity by opening new mines and enhancing the existing ones, Amrit Lal Meena, coal secretary, said.
MC Exclusive | GST refund, capital subsidy, assured coal availability to promote gasification: Coal Secy
The govt will reimburse GST on cost of coal, offer 10% capital subsidy on setting up coal gasification plants, and assure coal supply at a notified price for 15 years.
PowerWatch | Pleasant weather gone, peak demand shoots to 191.6 GW from 180 GW
The power demand is likely to further climb this week as the India Meteorological Department says heatwave is likely to make a comeback in most parts of India after days of pleasant weather.
Chart of the Day: India's hydro pumped storage ambitions make slow progress
The current installed and under construction hydro pumped storage capacities constitute less than 40 percent of the 2030 requirements
The Green Pivot: Indian banks aren’t doing enough green financing, quite the opposite
Bank credit to green industries has been growing faster than loan off take to traditional sectors in recent times. But lenders are far from being big financiers of green projects
PowerWatch | Power deficit widens as demand begins to rise again
Of the 165 domestic coal-based thermal power plants in the country, only 29 had critical stocks as on May 7.
MC Exclusive: NEP may focus on clean energy, govt still to add 41GW of coal-fired power by 2030: Sources
The 41 GW of coal-fired capacity planned by 2030 will primarily be ‘brownfield projects’, which means it will only entail capacity expansion at existing thermal power plants.
A state-owned power utility's failure forced South Africa to let its market work. For India, a lesson
As South Africa’s power system has descended deeper and deeper into crisis, some of the rules that had served to stymie renewables have been gradually abandoned and the private sector progressively allowed to take over
Adani Power Q4 profit grows 13% to Rs 5,242 crore
The company's earnings before interest, taxes, depreciation and amortization (EBITDA) for FY23 was higher at Rs 14,312 crore against Rs 13,789 crore in FY22.
Deferred renewable projects pulled FY23 capex down to Rs 6,500 crore: Tata Power CEO
Tata Power’s debt-equity ratio of 1 “is normally not seen in any infra company; they typically are in 2:1 ratio. Going forward, we expect to continue to have debt-equity in the similar range”, said Praveer Sinha.
Looking at a capex of Rs 12,000 crore in FY 2024: Praveer Sinha Tata Power CEO & MD
The government has set ambitious annual targets for bidding out 50GW if renewable energy projects every year. Tata Power will actively participate in these tenders, Sinha said.
MC Interview | First Solar looks at producing 3.4 GW of solar modules annually, a year from now: MD Sujoy Ghosh
The company is one of the three selected under the production-linked incentive scheme to produce solar modules in the country. In India, the firm will continue to cater to power utilities instead of B2C companies. Ghosh hopes to significantly localise component supply chain by the end of 2025.
PowerWatch | India's May power demand remains lower than last year
On May 3 last year, the country met a peak power demand of 199.4 GW, while the deficit was 943 MW, government records showed.
NTPC starts first overseas power plant in Bangladesh
Named Maitree Super Thermal Power Plant, the project will have two units of 660 MW each and is located in Bagerhat, Bangladesh.
PowerWatch | Lower than normal temperatures restrict India’s power demand to 173.2 GW
The coal stocks situation is “manageable”, as of now, data accessed by Moneycontrol shows. Of the 165 domestic coal-based thermal power plants in the country, 35 had critical stocks. About 33 million tonnes (MT) of coal are stocked at thermal power plants as on May 3.
Coal ministry targets 1,012 MT production in FY24
The capex target for the current financial year is Rs 21,030 crore and the overall projected target of the assets monetisation plan is Rs 50,118.61 crore, the ministry has said
NTPC registers 148% growth in coal production from captive mines
NTPC recorded a coal production of 23.2 million tonnes in FY23, witnessing a 65 percent growth against 14.02 million tonnes a year ago from its four operational coal mines -NTPC Pakri-Barwadih (Jharkhand), NTPC Chatti Bariatu (Jharkhand), NTPC Dulanga (Odisha) and NTPC Talaipalli (Chhattisgarh).
Govt cracks down on delayed green power projects; extension only after merit review
Extension on the scheduled date of commissioning of solar or hybrid projects will be examined on a case-by-case basis. If found that adequate measures such as land acquisition or placing orders for modules have not been done as yet, then the entire project will be liable for cancellation, the MNRE stated.
PowerWatch | India's peak power demand at 3-Year low amid cooler weather
When it comes to shortage in meeting the peak demand, the May 1 deficit was the lowest in at least a decade as the deficit in 2015 and 2014 was as high as 5,058 MW and 3,242 MW respectively.
Will the bidding calendar help reach the renewable energy goal?
Predictable RE tendering schedule is supportive, but policy flexibility is the key to meeting the clean power target
