Renewable energy, green, clean, solar power

Central Electricity Authority has outlined the National Electricity Plan for 2022-2032, emphasising renewable energy growth and the funds required for power generation and storage capacity

Power, Electricity

The Central Electricity Authority (CEA) has released draft guidelines for utilities to prepare uniform power demand forecasts to improve infrastructure planning.
CEA said the forecast should be prepared for the medium-term and long-term.
The medium-term forecast should be more than one year and up to five years, while the long-term forecast should be for at least the next 10 years.
According to the draft guidelines, forecasts for power utilities should be carried out for at least three scenarios: optimistic, business as usual and pessimistic.
The forecast should be prepared in consultation with all stakeholders, including industrial, agricultural, municipal corporations, drinking water departments, captive power plant owners and other departments involved in planning and implementing electrical energy-intensive schemes, it suggested.
The guidelines want the forecasts to be prepared at the discom/state level at least, but more granular forecasts should be attempted at the zonal, ..

The quest to secure India's energy future should not lead to suboptimal policy solutions

Thermal power firms seek clarity in 'change in law

The move considers expected demand scenarios and availability of capacity in the near future

chart

Larger shares of the state-owned miner's production are sold significantly below global benchmark prices, deterring global investors from participating in divestment plans

graph

After long power outages owing to coal shortages over two years, the government and its principal producer have drawn up an integrated plan to preclude the annual seasonal supply dislocations

Medium risk and high-risk vulnerabilities have also been rising

The foremost question is whether the tariff policy is mandatory or discretionary

infrastructure, power

Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.

power

Buyers can purchase electricity just an hour in advance; power generators can sell surplus anytime during the day

The government plans to auction 50 mines immediately

According to CEA report, electricity demand to grow lower than the 5% projected

Energy

This despite the fact that the nation as a whole is projected to be in surplus of 80,388 mn units

discom

Renewable power project developers are staring at weak cash flows from their projects in Andhra Pradesh

Funds can be transferred to states if discoms default: CEA panel

The report recommended a trade receivable discounting system for ensuring timely payments to power generating companies

electricity, power generation, energy surplus, power supply, power surplus

According to the report, surplus energy is anticipated of the order of 1.9%

Piyush Goyal

Minister further said that 15 hydro electric projects have been concurred by CEA

For FY23, the Indian economy clocked a growth rate of 7.2%. In the previous financial year (FY22), India had seen 9.1% GDP growth

Economic growth, GDP

Business Standard

Nine months after Agarwal announced the chip partnership to build India's "own Silicon Valley," the project is yet to find a technology partner or license manufacturing-grade technology

Anil Agarwal

Bloomberg

The fiscal deficit for the last financial year narrowed to 6.4% from a year earlier. It also met the budget gap target, aided by buoyant tax receipts and some fiscal headroom from lower payments

Fiscal Deficit

Stocks to watch on May 31, 2023: From Adani Ports to Sun Pharma, here are top stocks to watch in Wednesday's trading session

market, stocks, stock market trading, stock market

Stock market live updates: At 7:15, the SGX Nifty futures were down around 30 points at 18,680

stock markets

Delhi discoms have approached the court against Delhi Electricity Regulatory Commission over its 'Business Plan Regulations', an official said on Sunday.
The discoms challenged the regulations issued by the power regulator in the High Court earlier this month, they said.
The matter is sub judice so nothing can be said officially said a top DERC official seeking anonymity.
The Business Plan Regulations when issued had invited the discoms to give their objections and suggestions but it is "unfortunate" that instead of approaching the DERC they took the matter to the court, he said.
"The discoms are pushing self interest as public interest. In fact, they are opposing the business plan regulations because it plugged all the loopholes they used to approach courts and get the annual tariff influenced to their benefit," he added.
"Many aspects of the Business Plans Regulations are in contravention of law and it has been challenged on various grounds, including violation of the principles

discoms

Press Trust of India

Nearly 15 lakh children will be covered under the first sub-national immunisation round of pulse polio 2023-24 that will take place in six districts of Haryana, according to an official statement.
The six districts are Faridabad, Gurugram, Jhajjar, Mewat, Sonipat and Kaithal in which booth activity was undertaken on the first day in order to maintain the polio-free status of the state, it said.
Also referred to as SNID, the three-day campaign will continue for another two days by way of house-to-house activity to trace and administer polio drops to the left-out children on booth day.
On the first day of the activity, approximately 7.9 lakh children under 5 years of age have been administered polio drops.
In order to smoothly carry out this campaign, around 6,600 booths were set up in the state and these were manned by approximately 26,000 health officials and Anganwadi workers and volunteers.
The left-out children during the booth activity on the first day will be administered pol

Immunisation, Polio, Vaccine, Children

Preliminary, unofficial results from Turkish news agencies showed incumbent President Recep Tayyip Erdogan ahead with 88 per cent of ballot boxes counted in a presidential runoff that will decide whether the country's longtime leader stretches his increasingly authoritarian rule into a third decade.
The state Anadolu news agency showed Erdogan at 53 per cent, and his challenger, Kemal Kilicdaroglu, at 47 per cent.
Meanwhile, the ANKA news agency, close to the opposition, showed the results at 51 per cent for Erdogan and Kilicdaroglu at 49 per cent.
The outcome could have implications far beyond Ankara. Turkiye stands at the crossroads of Europe and Asia, and it plays a key role in NATO.
Erdogan's government vetoed Sweden's bid to join NATO and purchased Russian missile-defence systems, which prompted the United States to oust Turkiye from a US-led fighter-jet project. But it also helped broker a crucial deal that allowed Ukrainian grain shipments and averted a global food crisis.


Turkish President Recep Tayyip Erdogan (left) and his main challenger, Kemal Kilicdaroglu

Foreign money plays a crucial role in start-up funding in India

US dollar

Hundreds of buses are already being operated in the urban areas of the state through the Urban Development Department

electric buses, Mytrah Mobility

The rise in rates seems to have been arrested for now at the end of May. Deposits coming from the withdrawal of the Rs 2,000 note may improve liquidity

lending

The housing segment showed a steady growth at 14.3 per cent in April 2023 against 13.7 per cent, RBI said

IBC, msme, lending, loans, support, schemes, policies, package

Only 19 per cent reported having established skill taxonomy; 43 per cent have conducted skill benchmarking at the employee level

Hiring slowdown lifts India's top IT companies' profit per employee

IT companies, IT firms

Among the buyers were Aditya Birla Sun Life Mutual Fund, ICICI Prudential MF, SBI MF, Societe Generale and T Rowe Price

Standard Life

Add good passenger handling, and this is the model for replication

Central Electricity Authority

National electricity plan: Rs 33.60 trn needed for power generation

CEA releases draft power demand forecast guidelines to improve infra plan

New thermal plants: A reality check

PowerMin asks utilities to not retire old thermal units till 2030

How govt's tight control is slicing away Coal India's creamy layers

How CIL is chasing the monsoon to reduce coal supply disruptions

Cyber vulnerabilities at the highest point in eight quarters, shows data

Power policy puts the cart before the horse

From thermal to solar units, China dominates India's power sector

Power Exchanges start real-time electricity market with 48 auctions a day

Allowing pvt sector to mine and sell coal commercially is a mammoth task

Power demand forecast cut, but govt won't acknowledge CEA survey

Eastern region to face energy deficit of 11,000 million units in FY20: CEA

Renewable firms can take discoms to NCLT: Power ministry to Andhra govt

RBI can use Centre's state transfers for discom defaults: CEA panel

India to become power surplus nation in FY19: Central Electricity Authority

35 hydro power projects awaiting concurrence by CEA: Govt