Page 16 - Electricity Sector

IEX power trade volume rises 16% to 8,652 million units in January

Overall, the Exchange achieved 16 per cent YoY (year-on-year) volume growth in across all its market segments during the month (January),' an IEX statement said

Power trade volume rises 37% to 27.6 BU at IEX in December quarter

Power trade volume at Indian Energy Exchange (IEX) rose 37 per cent year-on-year to 27.6 billion units (BU) in the December quarter, mainly due to higher electricity consumption. "During the quarter (October-December), volumes on the Exchange grew by 37 per cent YoY (year-on-year) with 27.6 BU volumes traded versus 20.1 BU in Q3 FY21. The growth in volumes was driven by a substantial increase in electricity consumption as well as the resurgence of trading in RECs and ESCERTs," an IEX statement said. According to the statement, the real-time market continues to be one of the fastest-growing electricity market segments on the exchange, achieving a growth of 70 per cent y-o-y, with 4.8 BU of volumes traded during the quarter. The green market, including the day ahead and term ahead market, cumulatively traded 1.2 BU during the quarter and contributed 5 per cent to overall electricity volumes. On the REC (renewable energy certificate) front, a total of 38.28 lakh certificates and 2.86

SJVN clocks highest ever 1,480 MU of electricity generation in Oct-Dec

State-run SJVN's power stations have clocked the highest ever 1,480 MU (million units) of electricity generation in the October-December quarter of 2021-22.

5% GST on electricity may cause Rs 5,700-crore loss to states, Centre

Power cost may fall for industrial consumers, says NTPC-commissioned report

National electricity policy to consider demand, climate targets

The current installed power generation capacity in the country stands at 392 Gw, of which coal has the lion's share with 202 Gw

Hind Rectifiers surges 13%, hits 52-week high; stock up 35% in 3 days

In the past one month, the stock has rallied 47 per cent, as compared to 3 per cent fall recorded by the S&P BSE Sensex

One Sun, many hurdles: Why cross-border flow of green energy won't be easy

Establishing the cross-border flow of green energy under the One Sun declaration will involve many complexities

Nepal to sell surplus electricity in India's energy exchange market

Nepal will sell its surplus electricity to India at a competitive rate after New Delhi allowed the neighbouring country to trade its power in the Indian power exchange market, according to media reports on Wednesday. The Energy Exchange under India's Power Ministry on Monday granted permission to Nepal after persistent lobbying from Kathmandu, as Nepal Electricity Authority (NEA) is now in a position to sell its surplus energy, according to a report in The Kathmandu Post. In the first phase, 39MW power, including 24MW produced by NEA-owned Trishuli hydropower and 15MW Devighat power house, has been permitted for trading in Indian Energy Exchange. Both projects were developed with India's assistance. Following the Indian approval for Nepal to export its electricity, power trade between the two countries has entered a new phase, the report cited Nepal's ministry of Energy, Water Resources and Irrigation as saying. Gokarna Raj Pantha, joint spokesperson for the ministry, told the Post

IEX clocks 58 pc growth in electricity trade volume at 25.9 BU in Q2

The Indian Energy Exchange (IEX) has recorded a 58 per cent growth on a year-on-year basis

India's power consumption up 3% at 57.22 billion units in Oct 1-15

India's power consumption grew 3.35 per cent in the first half of October to 57.22 billion units (BU), showing recovery amid coal shortage at electricity generation plants

China relaxes coal mine safety norms on deepening energy crisis

A shortage of coal heading into winter has sent prices in China and around the world surging to record levels

Coal supply debate heats up ahead of festival season power demand

Since September 1, the number of power plants with less than eight days of coal has increased to 104, from 79

Explained: Why China is facing a power crunch and what it means

A power crunch across China has rippled from factory floors to homes, crimping growth forecasts for the world's second-largest economy

Towards a new compact

Without a collaborative arrangement between the Centre and the states, fresh reforms in many areas would become more contentious

Power sector workers postpone one-day strike planned for Tuesday

The All India Power Engineers Federation on Monday said the electricity sector workers have postponed its plan to go on a one-day strike on Tuesday

Loose connection

The latest power distribution scheme reflects old structural flaws

Order & stability in power supply

India's markets in electricity are roiled by low and unstable prices

Delhi's peak power demand soars to 6,185 MW, highest so far this summer

Amid sultry weather and easing of the Covid lockdown, Delhi's peak power demand soared to 6,185 MW on Wednesday, the highest so far this summer, discom officials said.

Power consumption grows 8.2% in May amid slow recovery in demand

Power consumption in the country witnessed an 8.2 per cent year-on-year growth in May at 110.47 billion units (BU), indicating slow recovery in commercial and industrial demand of electricity, according to power ministry data. The slower pace of recovery in industrial demand of electricity in May can be attributed to local lockdown restrictions imposed by states to curb the spread of coronavirus amid the second wave of the pandemic, experts believe. Moreover, the two cyclones that hit the east and west coast of the country in May resulted in power outages and lesser consumption due to rains in different areas of the country during peak summer season, they said. They are hopeful that the commercial and industrial power consumption as well as demand would rise in coming days with many states easing local lockdown restrictions imposed to curb the second wave of coronavirus after the number of daily new positive cases of COVID-19 has started declining. The power consumption in the ent

Coronavirus impact: India's May electricity use down 10.4% from April

Electricity use in India generally peaks in May, as more people turn to air-conditioning amid sweltering temperatures at the height of the summer season and industrial activity rises