The demand which could not be met, also knows as the peak demand deficit, stood at 548 megawatts (MW) on June 8
At least 39 PSPs totaling 47 GW are being pursued for commissioning by the years 2029–2030.
The country's power demand is likely to remain above 200 GW in the June owing to delayed monsoon.
The western state’s finances are among the most under strain in the country.
The power generator is riding on the back of stable earnings and better demand along with its increasing footprint in the renewable space
Few parts of Adani’s empire underscore the urgency of that funding for the billionaire — and also for the government of Indian Prime Minister Narendra Modi — better than Adani Transmission Ltd.
The clean energy source is generating buzz as an alternative to fossil fuels. The FT calculates that delivering it requires $20tn of investment by 2050
When somebody says that power is free, it means that you pay more taxes because ultimately it is the taxpayer who is bearing the brunt of the free power, the Union minister for power said.
The company intends to spend Rs 85,000 crore in the next seven years under its recently unveiled ‘Strategy 2.0’ initiative, wherein it aims to increase its generation capacity to 20 GW and energy storage of 40 GWh/5GW by 2030.
While the EU will make disapproving noises about Indian refiners buying Russian oil and exporting the refined products to EU, it is unlikely to do anything more, simply because it benefits from the arrangement
Out of the 165 domestic coal-based thermal power plants in the country, only 30 had critical coal stocks as of May 23.
The country’s coal stock situation continues to be “manageable” as of now, according to the data.
In the last five quarters, REC has not added any NPA. Its gross NPA has fallen from 4.5% to 3.4% percent now, and its net NPA from 2.3% to 1.01%. REC plans to be a net NPA-zero company in the next two years.
The average market clearing price on May 17 at the time of the record high peak demand was Rs 5.71 per unit. The power exchange was left with a surplus power of 2,807 MW during the peak demand which hit between 3-3:15 pm.
The current installed and under construction hydro pumped storage capacities constitute less than 40 percent of the 2030 requirements
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.
The draft, if approved by the federal cabinet chaired by Prime Minister Narendra Modi, would make China the only major economy open to fresh requests to add significant new coal-fired capacity.
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.
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).
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.
The rains reduced the demand for electricity as people used fewer cooling appliances compared to the previous year, according to experts.
The coal stock situation is “manageable”, as of now, data accessed by Moneycontrol shows. Of the 165 domestic coal-based thermal power plants in the country, 32 had critical stocks. Last year at this time, the number of such plants was around 96.
As on April 26, the contribution of renewable energy sources (RES) such as solar, wind and biomass to meet the power demand was 11 percent, whereas, the share of coal-fired thermal power plants was 77 percent.
Under the revised mechanism, the merit order for power dispatch in the exchanges will be decided a day in advance instead of the he current 1.5 hours. The system will also include all thermal power generators, instead of just NTPC's thermal stations, which is currently the case.