Page 7 - Electricity Sector

Rising temperatures drive up electricity consumption in Rajasthan

The last fortnight recorded an increase of 300 lakh units in the electricity demand, which is continuously rising, sources in the energy department said

Kerala saved 200 MW power on May 3 due to self control: State govt

In the wake of the Kerala government coming out with certain proposals to control power consumption during peak hours, the southern state saved around 200 megawatts of electricity on May 3. The achievement was highlighted by state Electricity Minister K Krishnankutty who on Saturday said the power saving was thanks to the cooperation of the consumers, especially the big industries, in Kerala. "It is a big change. It happened thanks to the cooperation of the consumers," he said. The minister also said that the government was trying to ensure that restrictions proposed by the Kerala State Electricity Board (KSEB) do not affect the domestic power consumers. "Everyone has to cooperate and self-impose restrictions on their consumption. You (media) too should take it up as a campaign (to urge people to reduce power consumption). Otherwise, all of us will have to suffer," he told reporters. At the same time, he said there was no load shedding or power cuts. "If a transformer trips due t

Adani Electricity, Tata eye bigger pie in Mumbai power distribution

Battle for high-value customers heats up amid increased EV penetration

Tesla's shift on low-cost cars throws India investment plans into limbo

The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 mn vehicles before investing in new manufacturing lines

Jindal Stainless cuts 2.4 trn tonnes of CO2 emissions in last two fiscals

Jindal Stainless has reduced 2.4 lakh tonnes of carbon emissions between 2022-23 and 2023-24, according to a company statement on Wednesday. Jindal Stainless Ltd (JSL) is taking various measures to reduce the carbon component in its emissions to nil by 2050. The company plans to generate over 1.9 billion units of clean electricity per annum with a target to reduce over 13.52 lakh tonnes of carbon emissions annually by the targeted year. "In the last two fiscals (FY22 and FY23), the company has managed to successfully reduce 2.4 lakh tonnes of Co2 emissions) taking it a step closer towards carbon neutrality and responsible manufacturing," the statement said. The company said it has started using renewable energy sources for its operations. It has also started producing green hydrogen to be used in steel-making processes. Besides, JSL has undertaken digitalisation and technology upgradation for energy efficiency and using EVs at its facilities in Odisha and Haryana. "These initiati

Gas-based plants directed to run from May 1 to Jun 30 as power demand rises

The government has directed all gas-based power generating stations to operationalise their plants from May 1 to June 30 in view of rise in electricity demand due to a likely prolonged heat wave this summer. A significant portion of Gas-Based Generating Stations (GBSs) is currently unutilized, primarily due to commercial considerations. The ministry has projected 260 GW peak power demand this summer (April to June 2024). Peak power demand had touched an all-time high of 243 GW in September last year. The decision to operationalise GBSs is part of a series of measures taken by the Centre to ensure that electricity demand in the summer is met. According to a power ministry statement, the order shall remain valid for generation and supply of electricity from May 1, 2024 to June 30, 2024. "To ensure maximum power generation from Gas-Based Generating Stations, the government has issued directions to all Gas-Based Generating Stations under Section 11 of the Electricity Act, 2003, under

Lenders to invite bids for Hiranmaye Energy in the next few weeks

BHEL had petitioned to halt the insolvency process of the project, citing its pending dues emerging from an arbitral award

Delhi electricity demand to cross 8GW this summer, discoms brace up

Both TPDDL and BSES stated they are fully geared to provide uninterrupted power supply

Govt pulls all stops to ensure smooth power supply this summer: R K Singh

The government has asked all power plants to operate at full capacity as it pulls all the stops to meet peak electricity demand in the searing summer season, Power Minister R K Singh said on Thursday. With the meteorological department forecasting a harsh and long summer, the government has asked all plants that are shut for maintenance or other reasons, to quickly start operating and harness surplus power available at generating stations dedicated to specific users. The government is also ensuring that thermal power plants - the backbone of India's electricity supply - have enough coal stocks to last through June and has asked all units to offer their uncontracted or surplus power in power exchanges. In an interview with PTI, Singh exuded confidence of meeting peak summer demand without any disruption. He said, "We are mobilising our entire capacity whether it is thermal, hydro, renewable or gas-based. So I think we will meet the demand." The Ministry of Power has projected a pea

This smallcap heavy electrical equipment stock has zoomed 113% in 5 months

GE Power India in an exchange filing on Thursday said it bagged contracts worth Rs 775 crore from Jaiprakash Power Ventures.

PowerMin reviews electricity supply situation as summer comes knocking

Thermal stations to defer maintenance, gas-based units might be asked to run mandatorily

Slippery road: India's clean energy drive faces a tricky patch of taxation

The elephant in the room is Rs 7.5 trillion a year in revenues to the exchequer

Rs 2.5 trn smart metering play has Adani, Tatas walking different paths

Installation of 25 crore meters is estimated to offer Rs 2.5 trillion revenue opportunity

Green energy push: India's companies charge up on power policy shift

Rush to tie up green energy through open access in C&I segment after two key policy amendments last year

Power use in Delhi rises 37%, total consumers up 52% in last 10 yrs: Report

Power consumption in the national capital rose nearly 37 per cent in the last decade from 25,593 Million Units (MUs) of electricity to 35,042 MUs, according to the Delhi Economic Survey report 2023-24 tabled in the Assembly on Friday. The report tabled in the assembly by Finance Minister Atishi, also revealed that the number of consumers in the city rose over 52 per cent during the same period. Delhi, being an urban centre with high load density has seen electricity consumption increasing from 25,593 MUs in 2011-12 to 35,042 MUs in 2022-23. The distribution of electricity in Delhi to various categories of consumers increased from 21,361 MUs in 2012-13 to 30,054 MUs in 2022-23. During the same period, the number of power consumers in Delhi rose from 44.64 lakh to 68.51 lakh, said the report. Also, the the total power purchase in Delhi was 40,997 MUs in FY23. While 09.65 per cent of total power purchase is generated by the Delhi government power plants, 90.35 per cent is purchased

Electricity will not be given for free: Nitish Kumar in state assembly

Pointing towards Bijendra Yadav (Energy Minister in Bihar Government), Nitish Kumar said that he is honest, listens to him. However, the opposition boycotted the budget speech

Renewable Energy capacity to rise to 170 GW by March 2025, says ICRA

India's installed Renewable Energy (RE) capacity, excluding large hydro plants, is estimated to increase to 170 GW by March 2025 from a level of 135 GW in December 2023, rating agency ICRA said on Friday. "ICRA estimates that the rise in the RE capacity over the next five-six years is estimated to enhance the share of RE plus large hydro in the all-India electricity generation from about 23 per cent in FY24 to around 40 per cent in FY30," ICRA said in a statement. Given the intermittency associated with RE generation, the availability of Round The Clock (RTC) supply from RE sources remains important, it stated. This can be made possible through the use of wind and solar power projects complemented with energy storage systems, it suggested. According to the statement, ICRA expects the installed RE capacity, excluding hydro energy, in India to increase to about 170 GW by March 2025 from 135 GW as of December 2023. Thereafter, the capacity addition is likely to be supported by the ..

Torrent Power, Lanco lowest bidders in natural gas-fired power auction

India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants

Power Grid approves investments of Rs 656 cr for transmission projects

State-owned Power Grid Corporation on Monday said its board has approved an investment worth about Rs 656 crore for implementation of electricity transmission projects in the country. "...its Board of Directors and 'Committee of Directors on Investment on Projects in their respective meetings held on 18th February, 2024, have accorded investment approvals," a BSE filing stated. According to the filing, the Board of Directors approved implementation of Unified Load Dispatch and Communication (ULDC) Phase-III (SCADA/EMS Upgradation Project Northern Region SLDCs at an estimated cost of Rs 514.66 crore with commissioning schedule of November 15, 2025. The Committee of Directors on Investment on Projects approved augmentation of 765/400 kV, 1500 MVA transformer (4th) at Bhiwani at an estimated cost of Rs 141.09 crore, scheduled to be commissioned by May 5, 2025.

Rlys not a deemed distribution licensee, liable to pay surcharges: APTEL

National Transporter May Appeal Decision After Legal Consultation, Say Sources