Renewable Energy

May 31, 2023 10:39 PM IST

PowerWatch | India's peak power demand remains low as rain brings respite from heat

The share of renewable energy sources such as wind, solar and hybrid in the total energy generation on May 30 was 9.03 percent.

India requires 33.6 trillion to meet growing electricity demand and renewable targets

The total fund requirement for the period 2022-2027 is estimated to be Rs. 14,54,188 crore and for 2027-2032 it is likely to be Rs. 19,06,406 crore.

India will need 51,000 MW additional coal-based capacity by FY32 to meet growing power demand: National Electricity Plan

The NEP indicates that coal will remain important in ensuring India's energy security and energy transition, while keeping tariffs affordable, as battery storage systems remain expensive. However, the growth of renewable energy is going to be steeper than coal till 2032.

PowerWatch | Peak power demand crossed 201 GW on May 29

The share of renewable energy sources such as wind, solar and hybrid in the total energy generation on May 29 was 9.86 percent

BPCL and BARC's collaboration can halve cost of alkaline electrolysers: Official

Bharat L Newalkar, Chief General Manager (R&D), BPCL said the cost of an alkaline electrolyser is currently around $800 per kW.

ONGC gears up for Rs 1-lakh-crore green push to reach 10 GW capacity by 2030

Chairman Arun Kumar Singh said that ONGC wants to focus on round-the-clock renewable energy projects and the company’s research centre is working on such solutions

PowerWatch | Sporadic rains bring down India's power demand to 191 GW

On May 23, India met a peak power demand of 221.34 GW, which is the highest so far.

Timely commissioning of renewable projects key for India to achieve NDC targets: Govt

Experts suggest that government must scale up tendering activity for RE projects along with timely signing of PPAs, easing of execution challenges mainly related to land, augmenting transmission infrastructure, and development of domestic manufacturing ecosystem for renewable OEMs.

PowerWatch | Power demand declines further, but remains above 200 GW

Of the 165 domestic coal-based thermal power plants in the country, only 28 had critical stocks as on May 25.

Power minister aims to clear legacy dues, criticises politicization of electricity

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.

PowerWatch |Peak power demand drops due to sporadic rains

The share of coal-fired power plants in meeting the demand was 71 percent.

Developed nations impede green hydrogen and energy transition for developing countries: Power Min

Will do away with protectionist barriers if there is profiteering: RK Singh to wind OEMs

In the wind energy sector, most of the manufacturers are actually exporting all their products. I'll do away with the LMM for wind energy if this continues, said Union minister for power and renewable energy RK Singh.

Power minister warns developers against delayed projects in India

On February 15, the government issued an order stating that if any renewable energy project is not commissioned by the prescribed date of completion, then the developer will be blacklisted for a period of three to five years after asking him/her to show cause.

MC Exclusive | JSW Energy to set up 3,800-tonne green hydrogen plant in Karnataka, sign 7-year supply deal with JSW Steel

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.

Govt amends green energy open access rules for wider access to renewable power

The government also extended the scheme to offer a waiver of surcharge for electricity generated through offshore wind by seven years - from 2025 to 2032.

PowerWatch: Peak power demand on May 23 breaches previous high

Out of the 165 domestic coal-based thermal power plants in the country, only 30 had critical coal stocks as of May 23.

PowerWatch | India's power demand soars to record high, exceeding previous peaks

The country’s coal stock situation continues to be “manageable” as of now, according to the data.

Value unlocking plan still on for renewable energy arm, says NTPC

This comes more than a month after Malaysia's Petroliam Nasional Berhad (Petronas) withdrew its offer for a 20 percent stake in NTPC Green Energy Ltd.

Gradual shift from coal to other essential minerals likely in mining sector: RBI staff

India’s share in global reserve of critical minerals such as cobalt, nickel, and graphite are low, the article stated

PowerWatch | Power demand may breach previous high this week

Of the 165 domestic coal-based thermal power plants in the country, 31 had critical coal stocks as of May 21.

MC Exclusive | PFC-REC merger no longer an option: REC CMD

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.

PowerWatch | As demand grows, power cuts become regular affair

The Power Ministry expects the peak demand to touch 230 GW this summer

NTPC’s green arm, HPCL-Mittal Energy sign MoU for renewables & green hydrogen business

The MoU is a step for decarbonising HMEL's Guru Gobind Singh Refinery (GGSR) .

REC to fund infra and logistics projects up to 33% of its loan portfolio: CMD

The CMD stated that in FY 2022-23, no new non-performing assets (NPAs) were added to the REC’s portfolios.