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Page 10 - Electricity

India's electricity consumption grows 11% to 121.19 bn units in December

India's power consumption logged a double-digit growth of over 11 per cent to 121.19 billion units in December 2022 compared to the year-ago period, according to government data. The robust growth of power consumption indicates sustained momentum of economic activities in December. Experts say power consumption and demand will further increase in January due to use of heating appliances, especially in the northern parts of the country, and further improvement in economic activities. In December 2021, power consumption stood at 109.17 billion units (BU), higher than the 105.62 BU in the same month of 2020, the data showed. The peak power demand met, which is the highest supply in a day, rose to 205.03 gigawatt (GW) in December 2022. The peak power supply stood at 183.24 GW December 2021 and 182.78 GW in December 2020. The peak power demand met was 170.49 GW in the pre-pandemic December 2019. Electricity consumption in December 2019 stood at 101.08 BU.

India's electricity consumption grows 11% to 121.19 bn units in December
Updated On : 01 Jan 2023 | 4:40 PM IST

CERC retains ceiling of Rs 12/unit on electricity on spot power exchanges

India's power regulator retained a price cap of 12 rupees ($0.1450) per unit on electricity traded on its spot power exchanges ahead of expected record energy demand in the coming summer months

CERC retains ceiling of Rs 12/unit on electricity on spot power exchanges
Updated On : 28 Dec 2022 | 10:00 PM IST

Electricity restored to 9 mn Ukrainians after Russian attack: Zelenskyy

Several energy infrastructure facilities and residential buildings were damaged in Zhytomyr, Kiev, Kharkiv, Dnipropetrovsk and Zaporizhzhia regions as a result of the strikes

Electricity restored to 9 mn Ukrainians after Russian attack: Zelenskyy
Updated On : 19 Dec 2022 | 9:35 AM IST

Quadrilateral agreement inked on Black Sea submarine electric cable

Romania, Hungary, Azerbaijan and Georgia signed on Saturday an agreement on the Black Sea submarine cable for the transport of electricity from the Caspian area to Romania

Quadrilateral agreement inked on Black Sea submarine electric cable
Updated On : 17 Dec 2022 | 8:17 PM IST

Net zero will radically change how we use and generate electricity

In BloombergNEF's baseline scenario, the Economic Transition Scenario, power consumption grows by about two-thirds between 2020 and 2050

Net zero will radically change how we use and generate electricity
Updated On : 08 Dec 2022 | 7:52 PM IST

IIT Madras generates power from sea waves, aims to go commercial by 2024

Innovation may help India achieve climate change-related goal of generating 500 Gw of renewable energy by 2030

IIT Madras generates power from sea waves, aims to go commercial by 2024
Updated On : 05 Dec 2022 | 11:05 PM IST

Mass power outage in North Carolina probed as 'criminal occurrence'

More than 38,000 customers were off power in Moore County on Sunday, according to the Duke Energy outage map

Mass power outage in North Carolina probed as 'criminal occurrence'
Updated On : 05 Dec 2022 | 11:10 AM IST

Japan begins power saving scheme amid supply concerns over possible crunch

Japan on Thursday began a power saving scheme in a bid to ensure a stable electricity supply throughout the winter months amid concerns over a possible power crunch

Japan begins power saving scheme amid supply concerns over possible crunch
Updated On : 01 Dec 2022 | 4:15 PM IST

India's electricity consumption grows 14% to 112.81 billion units in Nov

India's power consumption logged a double-digit growth of 13.6 per cent to 112.81 billion units in November 2022 compared to the year-ago period, according to the government data. The robust growth of power consumption in the month mainly indicates an increase in economic activities as generally it remains subdued in November. Experts say power consumption and demand will further increase in the coming months due to use of heating appliances, especially in the northern part of the country, and further improvement in economic activities on account of the beginning of the new rabi crop season. Farmers use electricity to run tubewells for irrigation for new crops. In November last year, power consumption was 99.32 billion units (BU), higher than 96.88 BU in the same month of 2020, the data showed. The peak power demand met, which is the highest supply in a day, last month rose to 186.89 gigawatt (GW). The peak power supply stood at 166.10 GW in November 2021 and 160.77 GW in November

India's electricity consumption grows 14% to 112.81 billion units in Nov
Updated On : 01 Dec 2022 | 2:20 PM IST

Power Min launches schemes to procure 4,500 MW electricity supply for 5 yrs

The Power Ministry has launched a scheme for the procurement of aggregate electricity of 4,500 MW for five years under of the SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) policy. "Ministry of Power kicks off a scheme for procurement of aggregate power of 4500 MW on competitive basis for five years on Finance, Own and Operate (FOO) basis under B (v) of SHAKTI Policy," a power ministry release said. PFC Consulting Ltd, a wholly-owned subsidiary of PFC Ltd, has been designated as the nodal agency by the Ministry of Power. Under the scheme, the PFC Consulting Ltd has invited bids for the supply of 4,500 MW. The supply of electricity will commence from April 2023. The Ministry of Coal has been requested to allocate around 27 MTPA for this, it stated. The utilities that have evinced interest for the scheme are Gujarat Urja Vikas Nigam Ltd, Maharashtra State Electricity Distribution Company Ltd, Madhya Pradesh Power Management Company Ltd, New Delhi Municip

Power Min launches schemes to procure 4,500 MW electricity supply for 5 yrs
Updated On : 28 Nov 2022 | 7:28 PM IST

PowerMin invites bids to supply 4.5 Gw electricity during coming summer

Power to be supplied for five years, qualifying gencos to get coal under SHAKTI scheme

PowerMin invites bids to supply 4.5 Gw electricity during coming summer
Updated On : 28 Nov 2022 | 7:18 PM IST

Electricity is the heartbeat of development, says MP CM Shivraj Chouhan

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that nothing can happen without electricity, it is the heartbeat of development. If the heartbeat stops, then all the work stops

Electricity is the heartbeat of development, says MP CM Shivraj Chouhan
Updated On : 10 Nov 2022 | 7:05 AM IST

Delhi govt extends last date to apply for power subsidy to November 15

The Delhi government has extended the last date to apply for power subsidy to November 15, officials said on Thursday. The last date to submit the applications, both online and offline, for subsidy on electricity provided by the government was originally set at October 31. Over 34 lakh of around 57 lakh consumers had applied for the subsidy by that date. The Delhi government has decided to provide subsidies to only those consumers who apply for concession. Consumers receive a full subsidy on electricity consumption up to 200 units a month. Those consuming up to 400 units receive a 50 per cent subsidy.

Delhi govt extends last date to apply for power subsidy to November 15
Updated On : 03 Nov 2022 | 6:43 PM IST

More than 40% consumers did not opt for power subsidy, says Delhi govt

More than 40 per cent of the 56.98 lakh domestic consumers did not opt for power subsidy provided by the Delhi government till the last date of application on October 31, officials said on Monday. While more than 34 lakh domestic consumers applied for power subsidy, those who could not opt for it will have another chance to do so in the billing cycle of next month, they said. A total of 22,81,900 (40 per cent) domestic consumers were yet to apply for the subsidy, officials said. The Delhi government has made changes in its free electricity scheme deciding to provide subsidy to only those domestic consumers who apply for it. Till Monday afternoon, 34.16 lakh applicants opted for the subsidy and the number may slightly increase by the end of the day, officials said. "It means that many consumers have willingly given up subsidy. Chances are also that some consumers could not apply for the subsidy due to various reasons," a Delhi government officer said. The data will be studied and

More than 40% consumers did not opt for power subsidy, says Delhi govt
Updated On : 31 Oct 2022 | 9:31 PM IST

Regulators' forum critical of Centre's overreach in Electricity Bill, 2022

Proposed amendments are diluting the basic premise of the Electricity Act, it says

Regulators' forum critical of Centre's overreach in Electricity Bill, 2022
Updated On : 23 Oct 2022 | 10:22 PM IST

Sisodia calls for adopting Delhi electricity model across country

Deputy Chief Minister Manish Sisodia on Friday called for adopting the Delhi electricity model across the country, observing that focus should be on providing affordable or free supply to people, an official statement said. Participating in the state power ministers' meet at Udaipur, Sisodia said making electricity prices flexible like that of petrol and diesel will prove to be harmful for the people and power tariff will never come under control, it said. "If the electricity rates fluctuate on the basis of prices of other commodities in the market, this step of the central government can prove to be dangerous and all the burden will come on the common people," the statement quoting Sisodia said. In the 21st century, electricity is a basic necessity and in such a situation, the government's focus should be on providing 24-hour power supply at affordable rates or for free to the poor public, he said. People pay taxes to the government and expect good education, health, electricity,

Sisodia calls for adopting Delhi electricity model across country
Updated On : 14 Oct 2022 | 9:58 PM IST

EU ministers discuss joint gas purchases, electricity market reform

EU energy ministers held an informal meeting here to discuss solutions for high gas prices, preparing for the energy situation this winter, and a possible revision of the electricity market

EU ministers discuss joint gas purchases, electricity market reform
Updated On : 13 Oct 2022 | 10:46 AM IST

Americans to pay the most in 25 years to stay warm during this winter

Prices for natural gas and distillate -- which includes heating oil -- are both seen rising nearly 30% this winter

Americans to pay the most in 25 years to stay warm during this winter
Updated On : 13 Oct 2022 | 9:54 AM IST

Electricity supply restored in Bangladesh after blackout from grid failure

Electricity supply across Bangladesh has been restored after the South Asian country plunged into a blackout following the failure of its national power grid, officials said. The blackout, which impacted much of the country, started at 2.05 pm on Tuesday and lasted for nearly seven hours before power was completely restored at 9 p.m. It was not immediately clear what caused the glitch. Many large shopping malls in the capital, Dhaka, closed early on Tuesday evening. Elsewhere, people gathered at fuel stations to collect diesel to run standby generators and market vendors operated amid candlelight. Nasul Hamid, junior minister for power, energy and mineral resources, said in a statement that he regretted the temporary inconvenience caused by the power failure. Officials at the state-run Bangladesh Power Development Board earlier said power transmission had failed in the eastern part of the country. All power plants tripped and electricity was cut in Dhaka and other big cities, said

Electricity supply restored in Bangladesh after blackout from grid failure
Updated On : 05 Oct 2022 | 12:06 PM IST