Page 10 - Electricity Sector

India allows Nepal to sell electricity in its real-time energy market

India has allowed Nepal to sell electricity generated through two hydropower projects in its real-time energy market starting Saturday midnight, according to the Nepal Electricity Authority (NEA). It is for the first time that India granted project-wise approval ensuring that Nepal could sell hydroelectricity in India's Real-Time Market (RTM). The Central Electricity Authority of India has allowed the trading of 44 MW of electricity generated from the 19.4 MW Lower Modi and 24.25 MW Kabeli B-1 hydropower projects in the real-time market in the first phase, according to Suresh Bahadur Bhattarai, the spokesperson at the NEA. Bhattarai said approval had been received for the sale of electricity from two projects in both the day-ahead and the real-time markets. Earlier, we had to wait for a day for the import and export of electricity, said Bhattarai. "Now we can trade by bidding just one hour and fifteen minutes before the sale. Now we can buy or sell power in case of a sudden shutdo

Bhutan gearing up to import electricity from India for extended period

Bhutan is gearing up to import electricity from India for an extended period of approximately five months from December this year to April next year, The Bhutan Live reported

Growth needs more electricity

Many states need a new electricity policy that can support high economic growth

GMR Power wins new contract for smart meters; stock hits 10% upper limit

Earlier on September 3, GMR Group had received Letter of Award (LOA) worth Rs 5,123 crore for smart metering project from Purvanchal Vidyut Vitran Nigam Limited.

States use off-Budget borrowing to foot power subsidy bills: CSEP

According to the report, the aggregate loss of 68 discoms increased by 66 per cent to Rs 50,281 crore in FY21

Rising power demand in India exposes supply fault lines in states

Coal, Hydro units fire up to meet new record high of 240 Gw

73 thermal plants under 4 rounds of rationalisation of coal linkages

A total of 73 thermal power plants have been covered under the four rounds of rationalisation of coal linkages, an official statement said on Friday. Of the 73 Thermal Power Plants (TPPs), 58 belong to state/central gencos (generation companies) and 15 are Independent Power Producers (IPPs), the statement, released by the Ministry of Coal, said. "So far, four rounds of rationalisation of linkage have taken place, covering 73 TPPs," the statement said. The move has resulted in the rationalising of 92.16 Million Tonnes (MT) of coal, with a potential annual saving of about Rs 6,420 crore, the statement said. The government had introduced the rationalisation initiative to reduce the distance in transportation of coal from Coal Mines to consumers, thereby decreasing transportation costs and increasing efficiency in coal-based power generation. Coal India Ltd shall be the nodal agency for conducting the linkage rationalisation.

IMF asks details of Pakistan's plans to reduce electricity tariffs

People across Pakistan have been protesting against the rise in electricity prices for the past few days

Adani energy arm pursuing over $1 billion capital expenditure programme

By the financial year 2024-25 (FY25), Adani Electricity Mumbai (AEML)'s capacity is set to go up to 5000 MW

Pak caretaker PM calls emergency meeting after protests over inflated bills

As per the statement from Pakistan's PMO office stated, consultations will be held regarding giving maximum relief to consumers regarding electricity bills

Power returns to Kenya after 14 hrs, longest in recent memory; airport shut

Electricity was being restored in most parts of Kenya on Saturday, 14 hours after the longest outage in recent memory, the majority government-owned power distributor said. There was still no clear explanation for the outage that hit on Friday night, shutting down the country's main international airport, affecting major hospitals and even the president's office compound. I am really sorry for what has happened, Transport Minister Kipchumba Murkomen said in a statement close to midnight. There is no excuse worth reporting and there is no reason why our airport is in darkness. Kenya Power later on Saturday said it had restored service in most areas. The outage came just weeks before Kenya's government hosts the first Africa Climate Summit, where energy will be key on the agenda. Kenya gets almost all its energy from renewable sources, but infrastructure and alleged mismanagement remain an issue in the country of more than 50 million people. Kenya Power had announced in a brief ..

Renewables to account for 65% of India's energy mix by 2030: R K Singh

Union Power Minister R K Singh said on Tuesday said renewables will account for 65 per cent of the country's energy mix by 2030. India has 186 GW non-fossil fuel-based installed power generation capacity at present, the Union Minister of Power, New and Renewable Energy said. "In 2015, we planned to have 40 per cent renewables in our energy mix by 2030. We achieved the target in 2021, nine years earlier," he said, adding that the share of renewable energy in the total installed power generation capacity will be 65 per cent by 2030. Speaking at an event for the release of a book authored by ReNew Power Chairman Sumant Sinha, the minister said the speed of capacity addition of renewable energy is mind boggling. "We have planned 50 GW renewable energy capacity addition every year," he said said. Currently, India has 423 GW of installed power generation capacity. The country will need 40 GW more electricity this year as the country's power demand grew at 14 per cent, Singh said. Abou

Electricity output sees 1.3% Q1 growth due to unseasonal rains: Govt Data

The country's electricity output witnessed a marginal growth of 1.3 per cent in April-June quarter of 2023, compared to 17.1 per cent in the same period a year-ago, mainly due to unseasonal rains, government data shows. According to the latest Index of Industrial Production (IIP) data, a measure for factory output, electricity output contracted by 1.6 per cent in March and 1.1 per cent in April this year. The electricity output remained almost flat and saw a growth rate of 0.9 per cent in May and improved marginally to 4.2 per cent in June this year. The data showed that the electricity output growth remained low at 1.3 per cent in the April-June quarter of this fiscal, compared to 17.1 per cent a year ago. Industry experts said electricity output, demand and consumption were affected due to unseasonal rains, which led to fewer usage of cooling appliances like air conditioners. The data showed that the electricity output growth was robust at 12.7 per cent in January and 8.2 per ce

269 inter-state power transmission projects completed since 2014: Govt

As many as 269 inter-state power transmission projects have been completed since 2014, which includes 45 projects under tariff-based competitive bidding mode, Parliament was informed on Thursday. "269 inter-state Transmission System (ISTS) projects have been completed since 2014, out of which 45 projects are under Tariff-Based Competitive Bidding (TBCB) mode and 224 projects, executed by Power Grid Corporation of India (POWERGRID), are under Regulated Tariff Mechanism (RTM) mode," Union Power Minister R K Singh said in a written reply to Lok Sabha on Thursday. Singh further informed the House that as many as 63 ISTS projects are under progress, out of which 32 projects are under TBCB mode and 31 projects being executed by POWERGRID are under RTM mode. ISTS projects are not awarded under engineering, procurement, and construction (EPC) or build, operate, transfer (BOT) mode. ISTS projects are awarded either through TBCB mode to successful bidders with the lowest quoted tariff or ..

Genus Power Infrastructures arm bags order worth Rs 2,209.8 crore

Genus Power Infrastructures on Tuesday said its subsidiary has bagged a Rs 2,209.84-crore order for supply and installation of 21.77 lakh smart pre-paid electricity meters. The company has received a letter of award (LOA) of Rs 2,209.84 crore (net of tax) for the appointment of advanced metering infrastructure service provider. This includes the design of the advanced metering infrastructure, supply, installation and commissioning of 21.77 lakh prepaid smart meters on design, build, finance, own, operate, transfer (DBFOOT) basis under revamped distribution sector scheme (RDSS), a company statement said. "Post this order inflow, our total order book stands in excess of Rs 8,200 crore (net of tax). Many state electricity boards have initiated the process of inviting bids for the deployment of smart meters, which serves as a testament to the positive impact of the 'reforms-based, result-linked power distribution sector scheme'," it stated. Based on our analysis, the company anticipate

Adani Transmission renames as Adani Energy Solutions with immediate effect

Adani Transmission Ltd on Thursday said it has renamed itself to Adani Energy Solutions Limited with immediate effect. "The company's name has been changed from Adani Transmission Limited to Adani Energy Solutions Limited w.e.f. 27th July, 2023 pursuant to the even dated 'Certificate of Incorporation pursuant to change of name' received from the Registrar of Companies, Ahmedabad," a BSE filing said. Adani Energy Solutions, erstwhile Adani Transmission, is the country's largest private transmission company, with a presence across 14 states.

Despite decades of power reforms, discoms still an area of darkness

The emphasis for these discoms is to only ensure power supply reaches to the farthest corner of their grid. Quoting Power Finance Corporation data, Barnwal notes

'Integrating renewable energy in power system crucial to meet climate goal'

Integrating more renewable energy in the power system is crucial for India to meet climate goals, the Institute for Energy Economics and Financial Analysis (IEEFA) said. In its latest report, IEEFA has also suggested various measures to ramp up the share of clean energy in the country's power system. To cut emissions, India needs to increase renewable energy integration/absorption, the report said. "While India has been adding renewable energy capacity at a fast pace to meet its emissions intensity reduction target for 2030, the country needs to ramp up the share of clean energy in its power system. Integrating more renewable energy in the power system is crucial for India to meet climate goals," it noted. For India to meet growing electricity demand while addressing climate concerns, increased integration of clean energy, including variable renewable energy, is essential, IEEFA Energy Analyst and the report's author Charith Konda said. While raising non-fossil fuel power installe

FAME 3.0: Govt considering a renewed subsidy plan to support EV industry

Companies engaged in the electric two-wheeler industry have been demanding a fresh round of financial support, arguing that a complete withdrawal will kill sales

How infrastructural challenges, legacy issues could impact power reforms

A series of regulations aimed at improving electricity supplies and empowering customers could reshape India's electricity market, provided infrastructure and legacy issues are sorted out first