Energy Demand In India

India faces 1.3 million annual transformer failures amid quality issues

Around 1.3 million transformer failures occur in India annually due to multiple reasons like poor repair and unbalanced loading, along with weather effects, a government committee has said. A power transformer is an important equipment used in the transmission and distribution of electricity. In a meeting on Distribution Transformer, it has been highlighted that the "national distribution transformer failure rate averages around 10 per cent, amounting to nearly 1.3 million transformer failures annually". The meeting was convened in line with the deliberations held in the Prime Minister's Office (PMO) on improving the quality and reliability of power sector equipment. According to the minutes of the meeting of the Standardisation Cell released today, Kerala has been cited as an example with a low failure of 1.9 per cent, whereas some northern states exceed 20 per cent. During the discussions, overloading, poor earthing, and improper fuse coordination, among others, emerged as major

Pumped storage projects key to meeting rising power needs: Khattar

Union Power Minister Manohar Lal on Monday said pumped storage projects (PSPs) can play a critical role by storing surplus green power and meeting electricity demand during non-solar hours. India is currently a power-surplus nation, however, excess renewable energy capacity remains under utilised due to limited capacity tie-ups, he noted. The remarks came at a meeting of the Consultative Committee of the Members of Parliament at Kurnool in Andhra Pradesh, a statement issued by the Ministry of Power said. The power minister urged the Members of the Committee to engage with states to consider withdrawal of charges such as Green Energy cess, water tax, and reservoir lease fees, to accelerate the development of PSPs. As per the ministry, around 224 GW PSP has been identified. Of this, ten PSPs with a total capacity of around 7 GW have been commissioned, another ten PSPs of about 12 GW capacity are under construction and fifty-six PSPs with a capacity of about 78 GW are at various stag

India to be the world's largest driver of energy-demand growth by 2035: IEA

India's energy demand will rise by over 15 exajoules by 2035, nearly matching the combined growth of China and Southeast Asia, driven by rapid urbanisation and clean-energy investment

India's power discoms face another reckoning as Centre mulls fresh reforms

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes

Factories flip the switch on power bills: Cheapest energy in 20 years

Renewables and captive plants cut costs below 2% of sales

BS Infra Summit: 'Fossil fuels to remain vital as renewables face hurdles'

At the Business Standard Infrastructure Summit 2025, experts said fossil fuels will remain critical to India's energy mix due to gaps in storage, transmission and foreign tech reliance

Coal India to restart 32 mines to meet power needs as clean energy stalls

India's coal giant revives old mines and plans new projects as renewable capacity falls short of surging consumption

TotalEnergies plans to boost LNG sales from US to India, says CEO

French energy giant TotalEnergies said it plans to increase LNG sales from the US to India and has invested about USD 5 billion in India over the past five years. TotalEnergies Chairman and Chief Executive Officer Patrick Pouyanne also informed that the company has invested a lot in solar and wind in India, particularly with Adani. "Future plans are to continue to develop energy business, of course, to sell more LNG, in particular, from the US. We are the largest US LNG energy exporter...so we can bring more. We also have a big venture in Mozambique with Indian companies. We will intend to restart very soon to provide energy to India. So, that's also a plan. "And then on the renewable side, we continue to support the expansion of Adani Green, which has already a 14 Gigawatt of capacity. So, we will continue to support this growth," he told reporters here after meeting Commerce and Industry Minister Piyush Goyal on June 1. He was replying to a question on what are the company's futu

JSW Neo Energy signs deal with UPPCL for 1,500 MW pumped hydro storage

JSW Energy on Thursday said its subsidiary JSW Neo Energy Ltd has signed an agreement with Uttar Pradesh Power Corporation Ltd for the procurement of pumped hydro energy storage. "JSW Neo Energy has signed a pumped hydro storage power procurement agreement (PHSPPA) with Uttar Pradesh Power Corporation Ltd. (UPPCL) for procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage," the company said. The PHSPPA is for the supply of energy storage capacity for a period of 40 years where the company will be entitled to receive a fixed capacity charge of Rs 77.2 lakh per MW per annum. The project, located in Sonbhadra district, Uttar Pradesh, will be capable of a scheduled discharge of 8 hours (with maximum continuous 6 hours) per day. The project is expected to be commissioned in the next 6 years. Subsequent to this, the company's total locked-in energy storage capacity now stands at 28.3 GWh, which includes 26.4 GWh of PSP. The company is well-positioned to achieve its target

Govt aims to boost coal output to meet India's rising energy demand: Reddy

Union minister G Kishan Reddy on Thursday said that since India's energy demand was growing rapidly, the government was working on augmenting the coal production to achieve the dream of 'Viksit Bharat'. The Coal and Mines Minister also said the government has set the target of producing one billion tonnes of coal this year in a bid to ensure that people do not have to face power shortage, especially in the summer season. Noting that there was a huge demand for critical minerals like lithium and copper, he said India was acquiring critical mineral blocks in Argentina. Reddy addressed the coal industry workers at the National convention of Akhil Bharatiya Khadan Mazdoor Sangh affiliated to Bharatiya Mazdoor Sangh here, and later also interacted with reporters. "Energy demand is increasing rapidly in India and coal is an important pillar of our energy security. The government is moving forward with the target of one billion tonnes of coal production for this financial year. Coal ...

Trade, energy imports in focus as PM Modi to meet Trump during key US visit

PM Modi's US visit takes on added significance as Donald Trump plans to introduce reciprocal tariffs, with an announcement expected just before the Indian PM's arrival in Washington DC

Govt devising policies to boost green hydrogen for round-the-clock RE

India is the third largest consumer of energy, oil and LPG. India's demand for energy is expected to double by 2045

India to invest $67 bn in 5-6 years for developing gas sector: PM Modi

Ethanol policy has helped in reducing carbon emissions and fuel import bill, he says

Rising domestic demand, higher volumes augur well for Coal India stock

India is seeing all-time high peak power and energy demand growth (21 per cent, 15 per cent YoY in Aug'23) and seeing increasing shortage during non-solar hours

As CNG and EVs expand in cities, fuel retailers look at the rural market

In the last three financial years, 88 per cent of the 16,190 new fuel pumps set up by Indian Oil, Hindustan Petroleum, and Bharat Petroleum were located in rural areas and highways

Ready to meet dry fuel demand from power sector: Coal India Limited

Amid early onset of summer and a pick-up in industrial demand for electricity, state-owned CIL on Tuesday said it is geared up to meet the demand of dry fuel from the power sector. The public sector coal producer also expressed hope to supply 156 million tonnes of coal to the power sector during April-June quarter of FY24. This would be 25.6 per cent of the enhanced annual dispatch target of 610 million tonnes (MT) slated for the sector in 2023-24. "Coal India Limited (CIL) is optimistic about supplying 156 million tonnes of coal to power sector during April-June '23 quarter amid concerns over spike in coal demand," the coal behemoth said. CIL, which accounts for over 80 per cent of domestic coal output, is a major supplier of dry fuel to the electricity generating plants. Factors in favour of CIL are a strong 68 MT coal stock build-up expected at its pitheads by the end of current fiscal, which as of Monday was 57.3 MT. Also, the maharatna firm will scale up its production into a

Domestic solar capacity addition grows 27% in 2022: Mercom report

Solar capacity installations in India increased by 27 per cent to 13 gigawatts (GW) during the calendar year 2022, according to a Mercom India report. "Solar capacity made up 82 per cent of the total 16 GW new power generation capacities added in 2022," the report titled 'Mercom India Solar Market Update' said. India added 13 gigawatts (GW) of solar capacity in the calendar year (CY) 2022, a 27 per cent increase year-on-year (y-o-y) compared to 10.2 GW installed in CY 2021, it added. The country's cumulative installed solar capacity now stands at 63 GW, the report said. During 2022, large-scale solar projects accounted for 87 per cent of the installations. However, in October-December 2022, India added 2.6 GW of solar, down 5 per cent from 2.8 GW a year ago, it said. India's large-scale solar project pipeline stood at 58 GW, with another 51 GW of projects tendered and pending auction at the end of 2022. "Though impressive, record solar capacity additions in 2022 were barely half

Coal minister Joshi asks CIL to remove bottlenecks to boost production

Minister of Coal and Parliamentary Affairs Prahlad Joshi on Tuesday urged coal companies to identify and remove production bottlenecks in order to further increase dry fuel production

Thermal coal demand to increase to around 1,500 MT by 2040: Joshi

The minister added that there was a need to be conscious about the environment and keep in mind the sustainable mining goals.

GAIL advances US gas supplies, eyes new deals to meet India's energy needs

India's No 1 gas transporting and marketing firm has long-term liquefied natural gas (LNG) supply contracts from the US to Australia and with Russia, supplementing domestic gas supplies