Government should step up policy support for hydro and nuclear power capacity additions
India’s thermal share set to fall below 70% as demand cools, renewables surge.
Union Power Secretary Pankaj Agarwal said power transmission network in the country will soon touch 5 lakh circuit kilometer (ckm) mark as it has already achieved 4.97 lakh ckm.
The nation aims to more than double its non-fossil fuel power capacity to 500 gigawatts by 2030, but the acceleration has left projects without firm agreements to supply power
India is working towards its target of installing 500 gigawatts of clean energy capacity by 2030, nearly triple its current capacity
The country’s energy demand is expected to double by 2035, with demand expected to grow at the fastest rate among major global economies
Traditional power-generation segments are looking for more support for domestic manufacturing of thermal power equipment.
"Suzlon Group is set to contribute to decarbonisation of the hard-to-abate sectors by harnessing the power of wind through a significant 400 MW order from JSP Green Wind 1 Pvt Ltd (SPV of Jindal Renewables Power)," it said.
Compared to the previous quarter, gross electricity generation of NTPC rose 4.38 percent in Q4 from 89.467 BUs recorded in Q3FY24.
Tech professionals are fleeing a drought in the IT hub of Bengaluru. Fixing the issue means confronting the country’s two most sensitive industries: agriculture and power generation
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
The Minister said that, sans any bias, he believes electricity is the most important infrastructure and is a sine qua non for development. From 4.5 percent in 2014, the power shortage now stands at just 0.1 to 0.2 percent, he added.
The Union minister said even though India decided to add 80 GW of coal-fired capacity by 2030, the country's total thermal capacity will come down from nearly 70% in 2014 to about 33% in 2030, which will be one of the largest reductions by any country.
The government expects 28 of these projects to become operational in the next 18 months, it told power producers in a presentation at a meeting on Nov. 21.
Coal-fired power plants have been significant in powering the country during non-solar hours when renewable energy is not available in the absence of energy storage systems
The firm is counting on India’s ambitious plan to install 500 gigawatts of clean energy capacity by 2030.
Thermal power plant availability improved as electricity demand softened in June 2023 quarter
New policies to classify green investments would help spur an energy transition in India that’s likely to need spending of $200 billion a year, according to REC Ltd., a key lender to the nation’s power sector.