Chart of the Day: The remarkable rise in fuel inventories at coal power plants
Coal power plants have fuel inventories equivalent to 17 days of consumption versus 12 days in the year ago period
Exclusive | Sweden keen on providing green solutions for India's hard-to-abate industries, says Swedish ambassador
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.
Exclusive: Govt plans to increase uptake of gas-based power to meet peak summer demand
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.
The Green Pivot | Sustainable finance is a huge opportunity for the BFSI industry
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
Higher incentives for thermal power plants a boon for NTPC
The final tariff norms for FY24-FY29 are not vastly different from the draft proposals and they incentivise electricity generation during peak demand hours
Is India ready to meet this year’s summer power demand?
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.
Imported coal for blending in power sector drops 28% in FY24
Pralhad Joshi, Union minister for coal, said that coal ministry will increase its production and the railways ministry is likely to increase the number of rakes provided to the power sector by about 7% to meet the surge in power demand
Financial deficit in power distribution sector rose 79.5% in FY23: Power Ministry
The growth in power demand and global geo-political challenges resulted in an unprecedented increase in national power purchase costs of 71 paise per unit in FY23, as compared to the marginal increase of 4 paise / kWh in FY22 v/s FY21, the report of the Ministry of Power stated.
Chart of the Day: Coal power plant utilisation levels jump to decade highs
Thermal power generation grew by a strong pace for the third consecutive year
Exclusive: Plans afoot for 15 GW rooftop solar capacity in govt, commercial and industrial buildings
The government will soon start a pan-India survey to assess the final potential of solar panel installations in both state and central government buildings.
Govt aiming 150 MT of coal stock for thermal power needs by March-end: Pralhad Joshi
By March-end, coal stocks solely at thermal power plants will be increased to 45 MT from the current 43 MT, the Union minister for coal said.
Electricity bills of Tata Power consumers in Mumbai to spike 20% as MERC approves tariff hikes
The energy charges for 101-300 units category have been increased to Rs 5.36 per kWh from Rs 5.05. For 301-500 category, it has risen to Rs 11.62 kWh from Rs 9.20.
Explained: The Coal Logistics Plan and Policy and why India needs it
The targets under the plan include ensuring mechanized loading/handling and evacuation of 90 percent of coal produced through first mile connectivity (FMC) by FY30.
Govt floats draft RFPs for setting up coal gasification units
The Ministry has sought feedback until March 20, 2024.
Govt extends mandatory blending of imported coal in thermal power plants till June 2024
On March 4, Central Electricity Authority chairperson Ghanshyam Prasad said India's peak power demand this year could even hit the 260 GW mark.
Falling cost, government incentives to fast-track rooftop solar installations
The solar photovoltaic power costs declined by 23 percent in 2023 amid abundant supplies
Torrent Power wins bid to supply gas-based power during crunch period in summers this year
The Government of India, through NVVN, has come up with the crunch or high-demand period scheme since last year to harness gas-based power generation (GBPG) so as to overcome the country’s rising power demand.
PM Surya Ghar Muft Bijli Yojana: How you can apply for rooftop solar scheme and get subsidy
Households will be able to access collateral-free low-interest loan products of around 7 percent at present for installation of residential rooftop solar (RTS) systems up to 3 kW
Coal Logistics Policy to result in cost savings of up to Rs 21,000 crore annually: Pralhad Joshi
Through the policy, the government aims to shift from traditional road-based coal evacuation system to railway-based systems in FMC projects. It also talks about using waterways for coal transportation.
How PM Surya Ghar Muft Bijli Yojana is different from the previous rooftop solar scheme
The MNRE clarified that residential rooftop solar applications submitted before February 13, 2024 will not be eligible for the Central Financial Assistance (CFA) under the new scheme - PM Surya Ghar: Muft Bijli Yojana. They will be eligible for subsidies under the old regime.
Chart of the Day: India’s electricity demand set to outpace China and world
As per IEA, India is estimated to add additional electricity demand equivalent to the current consumption of the United Kingdom over the next three years
Can PM’s project push help the energy sector power ahead?
While fresh power capacity addition is essential, close monitoring and efficient execution of projects under implementation are a must to help in a just energy transition
Coal India aims to produce 838 MT for FY25; Power sector to get at least 79% of it
For the current financial year (2023-24), Prasad said Coal India may miss the production target of 780 MT (FY24) by about 10 MT. Besides. of the 780 MT, Coal India is supplying more than the targeted 610 MT to the power sector in FY24.
Coal ministry seeks 600 trains daily to augment supply to power plants in summer
India is stepping up coal-fired generation capacity as peak electricity demand is likely to touch 256.5 GW in 2024 from a record 240 GW in 2023.
