Establishing the cross-border flow of green energy under the One Sun declaration will involve many complexities
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
The Indian Energy Exchange (IEX) has recorded a 58 per cent growth on a year-on-year basis
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
A shortage of coal heading into winter has sent prices in China and around the world surging to record levels
Since September 1, the number of power plants with less than eight days of coal has increased to 104, from 79
A power crunch across China has rippled from factory floors to homes, crimping growth forecasts for the world's second-largest economy
Without a collaborative arrangement between the Centre and the states, fresh reforms in many areas would become more contentious
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
The latest power distribution scheme reflects old structural flaws
India's markets in electricity are roiled by low and unstable prices
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 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
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
Some indicators have begun to reverse earlier decline
Total daily average electricity supply to states fell to 3,666 billion units during the first sixteen days of May, compared with 3,910 billion units during the second half of April
The more-than-doubling of installed capacity since 2010 has helped reduce shortages. The peak deficit in March 2021 was at 0.5 per cent
Power use in less industrialised states such as Bihar, Chhattisgarh, UP and Punjab, grew at over 10% each compared with the previous year, both for the quarter and the six months ending on March 31
The Indian power consumer, in addition to being given the choice of buying green electricity only, might also get to choose the supplier soon.
Citing strategic advantage over China, the gencos have asked the Centre to consider influence over neighbouring countries through energy exchange