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.
As temperatures soar, power demand is expected to inch higher in FY24, putting pressure on thermal power plants
In an exclusive interaction with Moneycontrol, RK Singh, Union minister for power and renewable energy, said the government is well prepared to meet India's growing electricity demand. He also talked extensively about power tariffs in the country and how the power generation capacity is going to be increased over the years. The minister spoke candidly about challenges to India's green hydrogen mission and the ongoing smart metering initiative.
NTPC continues to demonstrate an upward trend in coal production from its captive mines, with coal production of 23.2 Million Metric Tonnes (MMT) with a robust growth of over 65 per cent vis-a-vis the previous corresponding year, it stated.
Electricity usage projected to scale new highs in April 2023
The Central Water Commission, had in 2015, reported that among 141 large reservoirs which are over 50-years-old, one quarter had lost at least 30 per cent of their initial storage capacity.
State-owned energy giant NTPC's power generation grew 11.6 percent year-on-year to 295.4 billion units (BU) in April-December this fiscal
Global gas markets are expected to remain tight next year as Russian pipeline gas supplies dwindle.
The Revamped Distribution Sector Scheme (RDSS) lays down that funding under the scheme will be available only if the discom commits to an agreed loss reduction trajectory.
The MoU was signed to demonstrate the feasibility of hydrogen co-firing blended with natural gas in order to achieve India's net zero emission targets and to de-carbonise the process of power generation,
Addressing a CII conference on green energy, he explained that India is aiming for 65 per cent of power generation capacity from non-fossil fuels but the country will have more than that.