Low international coal prices are constraining Tata Power’s earnings growth outlook
Ind-Ra attributed healthy PLFs of thermal power plants to continued higher power demand, a ramp up in domestic coal production, slower capacity additions and continued dependence on coal-based generation till the sufficient storage capacity is build up for energy transition towards renewables.
Excessive reliance on coal is making India a big power sector emitter even as it makes progress in RE production
Utilisation levels of gas-based power plants increased to 20.4 percent in April from 13.6 percent in March and the year ago period
Thermal power generation grew by about 9 percent for the fourth consecutive month in April 2024
The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services.
India’s renewable energy output – including solar, wind, small hydro plants and power from biomass – is expected to grow 8.2% in 2024/25 to 244 billion kWh, its slowest rise in four years
The Centre’s directive to gas-based power plants is an ad hoc step and does not address chronic problems in the power sector
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The pre-construction capacities are estimated to have risen to 46,033 megawatts
The global glut in solar module capacity can be challenging for local manufacturers despite the restoration of the ALMM
PM Modi has catapulted India from the backseat on environment to global green leadership
Ordering activity revived in thermal power and transmission sectors after a prolonged period of sluggishness
Forthcoming general election adds to summer heat on electricity demand as consumption is set to spike
The study also found that despite India's net zero ambitions and initiatives toward achieving the goal, coal will continue to be the backbone of Indian energy system for the next two decades.
The Rs 5,000-crore funds infusion vastly raises investment capabilities of the company
Moneycontrol on March 22 was the first to report that the Union government is pushing power generation companies (gencos) to buy gas and scale up electricity generation from stranded or underutilised gas-based power units.
In December 2014, the government of India launched the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) with the objective of electrifying all un-electrified villages as per the Census of 2011, which is the latest report covering the demographic, social, and economic data of India.
On March 28, coal fired power plants contributed 77% to India's energy mix, while renewable energy contributed only 11%
Coal power plants have fuel inventories equivalent to 17 days of consumption versus 12 days in the year ago period
Sweden is working with leading Swedish and Indian companies, agencies, and other key stakeholders for accelerating the pace of green transition by sharing expertise and industry knowledge through technical workshops, networking activities and dedicated meetings between key stakeholders from India and Sweden.
Overall, the government is looking to tap capacity of 16,200 MW, of which 10,000 MW is the biggest challenge as they are owned by private entities and state governments. The remaining 6,200 MW are Central government-run plants, which are already operating up to 3,200 MW currently.
South Asia presents an estimated USD 3.4 trillion climate investment opportunity between 2018 and 2030, a tremendous opportunity for the BFSI industry even as there are challenges to be overcome
The final tariff norms for FY24-FY29 are not vastly different from the draft proposals and they incentivise electricity generation during peak demand hours
Railways is also likely to increase its rakes to the power sector by about seven percent, but if the power demand continues to surge at a CAGR of 8-10 percent or more, then even an increase in coal production will not help due to logistical constraints. Besides, rising night-time peak demand remains a major concern in the absence of renewable energy with storage.