Page 9 - Electricity Sector

Global Green Growth Institute, EESL to implement project in India

Global Green Growth Institute and Energy Efficiency Services Ltd (EESL) will collaborate to implement the Asia Low Carbon Buildings Transition (ALCBT) project in India. With the Ministry of Housing and Urban Affairs (MoHUA) as the nodal ministry, the strategic initiative aims to combat the unprecedented surge in peak electricity demand in the country, primarily propelled by the escalating need for cooling solutions, according to a statement. Germany through its Federal Ministry for Economic Affairs and Climate Action (BMWK) is funding the project under the International Climate Initiative (IKI). EESL in collaboration with the Global Green Growth Institute (GGGI), an international inter-governmental organisation, has announced the launch of the ALCBT project in the country. They will undertake a range of activities to address the pressing challenges associated with the surging demand for electricity in the building sector. One of the key components of the ALCBT project implementati

State govts falling back on thermal power as electricity demand surges

In 2014, it was coal supply. Between 2016-2018, it was Central schemes on rural and urban electrification and reforms for power distribution companies

SC sets up panel for appointment of members to Delhi power regulator DERC

The Supreme Court on Monday set up a three-member selection panel for short-listing and appointing two temporary members of the Delhi Electricity Regulatory Commission (DERC). A bench of Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra said the selection committee will comprise Justice Jayant Nath, former Delhi High Court judge and present pro tem DERC head, Justice Ramesh Ranganathan, the chairperson of APTEL (Appellate Tribunal for Electricity) and Justice Asha Menon, a former Delhi High Court judge. The bench said the selection panel shall recommend two names for each position with information regarding their ability, integrity and domain knowledge, preferably within one month. The names of short-listed candidates will be forwarded to the office of the lieutenant governor of Delhi and the chief minister for appointment, it added. The bench said the panel will be free to devise methods for selection of the members of the national capital's power regulatory

Power Mech Projects bags Rs 355 cr order from BHEL for trial operations

Power Mech Projects on Tuesday said it has bagged a Rs 355 crore order from state-owned Bharat Heavy Electricals Limited (BHEL). The scope of work includes erection, commissioning and trial operation including application of lining/insulation, Power Mech Projects said in a regulatory filing. It also includes handing over of boiler and its auxiliaries, power cycle piping, steam turbine generator of unit I and II at 2X660 MW NTPC, Talcher, Odisha, it said. Based in Hyderabad, Power Mech Projects is one among the leading infrastructure-construction companies with global presence.

Best of BS Opinion: Time to 'phase up' on oil production, BRI & more

Here is the best of Business Standard's opinion pieces for today

Theft claim rejected as employee role suspected

According to the National Commission, the suspicious manner in which the heavy drums were stolen, without leaving any evidence, provided grounds for repudiating the claim

Power Ministry asks utilities to import 6% of their coal until March

In a letter dated Wednesday and seen by Reuters on Saturday, the ministry asked the companies to blend the imported coal with domestic coal to maintain stocks amid higher consumption

Israel electricity authority using funds from power plant sale to fund war

The electricity sector has been prepared for an emergency in recent years in accordance with government decisions dedicated to the issue as well as in accordance with the policy principles

Low electricity generation, higher demand led to power shortage: K'taka CM

Karnataka is facing a shortage of power as electricity generation has come down due to drought, while the demand has shot up, and the government is trying to address the situation by purchasing power from both inside and outside the state, Chief Minister Siddaramaiah said on Friday. He said that an order has been issued asking those generating power in the state to supply it to the government. "Electricity generation has reduced, while the demand has increased. It is because of deficit rainfall and due increase in demand like it happens during summer. The consumption demand now is 15,000-16,000 MW, compared to 9,000 to 10,000 MW during the corresponding period last year, so this has led to some issue," Siddaramaiah said. Speaking to reporters here, he said he has called a meeting with energy department officials to discuss purchasing power from outside. "We have also issued an order recently that those generating power in the state should supply it to the government. We will purcha

Power consumption grows nearly 8% to 847 bn units in first half of FY24

India's electricity consumption grew nearly eight per cent to about 847 billion units (BU) in the first half of this fiscal year from April to September, showing uptick in economic activities in the country. According to the official data, electricity consumption rose to about 847 BU during April-September 2023 from 786 BU in the same period of the previous fiscal. The industry experts opined that the widespread unseasonal rain in April, May and June has affected the power consumption as it could have grown in double digits in the country. They stated that there was strong recovery of power demand as well as consumption in August onwards due to unusually high humidity level which increased the use of cooling appliances like fans, coolers and air conditioners. They also said power consumption grew in August and September, mainly due to humid weather conditions and also perked up industrial activities ahead of the festive season. The data also shows that peak power demand touched a

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