Page 2 - India Power Production

India's power demand may rise 9-10% in 2025 as summers arrive: Experts

India should prepare for a nine to 10 per cent growth in peak electricity demand this summer with the country expected to experience more heatwaves, experts have warned. Last year, the all-India peak electricity demand crossed 250 gigawatts (GW) on May 30, which was 6.3 per cent higher than projections. Climate change-induced heat stress is one of the key factors driving electricity demand. Currently, industries, households and agriculture account for 33 per cent, 28 per cent and 19 per cent of India's total electricity consumption, respectively. Household electricity demand has grown the fastest over the past decade, according to Disha Agarwal, Senior Programme Lead Renewables at the Delhi-based think tank Council on Energy, Environment and Water. The share of household electricity consumption increased from 22 per cent in 2012-13 to 25 per cent in 2022-23. Much of this rise can be attributed to economic growth and the increasing need for cooling due to rising temperatures, expert

Over 2K delegates, members from 30 nations join Gridcon 2025 power summit

More than 2,000 delegates and 30 country-representatives are participating in the three-day power sector event GRIDCON 2025 which started on Sunday. Union Minister of Power and Housing & Urban Affairs Manohar Lal inaugurated GRIDCON 2025 The International Conference cum Exhibition on Sunday, a power ministry statement said. R.K. Tyagi, CMD, POWEGRID along with the directors and senior officials from Ministry and other power sector PSUs were present during the function. GRIDCON 2025 is a premier event in the power sector, for industry, utilities, professionals, researchers, and academicians across the global to shape the future of renewable integration, grid resilience, asset management, and digital transformation. With the theme Innovations in Grid Resilience the conference will focus on new technologies, infrastructure, and smart solutions that can revolutionize the way we generate, transmit, distribute, and consume energy, it stated. The event organized by Power Grid ...

100 GW nuclear power by 2047 ambitious, achievable: Jitendra Singh

Union minister Jitendra Singh on Tuesday said the goal to generate 100 GW nuclear power by 2047 is ambitious and achievable, and state-run Nuclear Power Corporation of India Limited (NPCIL) and its subsidiaries aim to fulfill nearly half of that target. Addressing a post-budget webinar organised by NITI Ayog, Singh said India's electricity needs are expected to increase four to five times by 2047 and renewable energy sources alone cannot meet the base-load demand. He said nuclear energy will play a key role in meeting India's energy needs in the future. Singh, as Minister of State in the PMO, oversees the Department of Atomic Energy. "Achieving 100 GW of nuclear power will require a focused and determined approach, adding around four GW annually from now onwards," he said, expressing confidence in meeting the goal with proper planning and execution. He said the Union Budget 2024-25's vision for India's nuclear power expansion has set a target of achieving 100 GW by 2047. Singh s

Danfoss Power Solutions begins work on ₹1,000 cr manufacturing unit in Pune

Danfoss Power Solutions, a global supplier of mobile and industrial hydraulics and electric powertrain systems, conducted a groundbreaking ceremony on Tuesday for the establishment of a state-of-the-art facility in Pune, with an investment of Rs 1,000 crore, the company said. This strategic investment will double the company's manufacturing footprint in India, driving innovation and supporting sustainability initiatives. The facility in Talegaon, Pune, will be Danfoss' seventh manufacturing unit in India. The company currently has additional manufacturing facilities in Chennai, Mumbai, Vadodara, Bengaluru, and two other units in Pune. Spread across 44 acres, the proposed facility in Talegaon will enhance Danfoss' production capacity for existing products, including pumps, motors, cylinders, and valves. It will also manufacture new product lines to meet growing customer demand, the Chennai-based company said in a statement. The Talegaon facility will strengthen Danfoss' ability to

Power minister Khattar urges industry to work on innovative solutions

Union Power Minister Manohar Lal on Saturday urged industry stakeholders to work on manufacturing innovative solutions to strengthen India's journey towards Viksit Bharat. India's ambitious target of 500 GW of renewable energy target by 2030 provides various opportunities, the minister said, while addressing the Elecrama 2025 event organised by industry body IEEMA in Greater Noida. The power sector is playing an important role in the country's journey towards becoming Viksit Bharat, the minister said, adding that industry stakeholders must work to make the sector a growth engine for India. "The future of power in India is good... in this journey we need to increase production in an innovative way... advance power electronics, efficient transformer, power converters, smart grid solutions are needed to be developed to take benefit of renewable energy (RE)," he told participants, which included domestic and international delegates and investors. Lal further noted that the sector makes

Extend waiver on charges for renewable energy till 2030: Power producers

Power producers have asked the government to keep the waiver on inter-state transmission charges for renewable energy until 2030 to help clean energy take root more deeply in India's economy. A consultative meeting chaired by Minister for New and Renewable Energy Pralhad Joshi was held on February 5, where Wind Independent Power Producers Association (WIPPA) and other associations shared their concerns and suggestions. A key demand from the players was to extend the waiver on inter-state transmission system (ISTS) charges, which is otherwise due to end on June 30 this year, sources aware of the matter said. Renewable energy players requested MNRE to extend the ISTS waiver till 2030 to promote investments in the sector and aid India's ambitious energy transition goals. Currently, charges are waived for 25 years for green power projects such as solar, wind, and hybrid projects, and battery energy and pump storage projects commissioned before June 30, 2025. The current ISTS waiver he

NTPC in talks with foreign firms of US, Russia for small modular reactors

NTPC has sought government permission to take forward the discussions, Pal said, but added that no country apart from China and Russia has operating SMR systems

Power producers face loss as CERC bars payment till plants begin ops

Power producers have opposed Central Electricity Regulatory Commission's new norm of not mandating any payments for power they supply to grid before start of commercial production as it may lead to heavy losses. An association of power producers on January 23 wrote to CERC on the new provision for so-called infirm power, seeking a review of the norm. The decision to not pay for infirm power will lead to a huge loss. Thermal power generators can incur an expense to an extent of Rs 1,000 crore during the 6-12 month trial period towards infirm power before they achieve commercial operation of the plant. "All generating stations will face serious financial constraints in conducting the testing and commissioning activities to complete the trial run operation, as there will not be any source of funding for the fuel expenses. Normally, lenders do not fund fuel expenses," the Association of Power Producers wrote to CERC. Earlier, the regulatory regime allowed recovery of some price/cost ..

Power utilities likely to see moderate growth in Q3FY25 earnings

Global coal prices are down due to oversupply and weak demand in China

India to have 777 GW power generation capacity to meet peak demand by 2030

India is likely to have 777 GW power generation capacity, including 500 GW clean sources and about 277 GW fossil fuel-based, to meet the projected peak demand of about 335 GW by 2030, Parliament was informed on Wednesday. "Accordingly, the percentage of clean sources of energy in the total installed capacity is likely to be 64.4 per cent by 2029-30," Minister of State for New & Renewable Energy Shripad Yesso Naik said in a written reply to Lok Sabha on Wednesday. The minister said that to meet the projected peak demand of 334.8 GW and energy requirement of 2,279.7 billion units of the country, as per the National Electricity Plan. He added that the installed capacity for the year 2029-30 is likely to be 7,77,144 MW comprising of fossil-based capacity of 2,76,507 MW and non-fossil-based capacity of 5,00,637 MW along with a battery energy storage capacity of 41,650 MW/208,250 MWh. The coal-based capacity will be 2,51,683 MW and the gas-based capacity will be 24,824 MW, the minister .

Andhra to review power deal linked to Adani Group amid US SEC charges

The Andhra Pradesh government was set to procure 7,000 MW of solar power from Adani Group through Seci aiming to supply cost-effective power to the agricultural sector

CESC secures LoI for Rs 871 cr deal to acquire Chandigarh power firm

After a nearly three-year wait because of legal wrangles, Eminent Electricity Distribution Ltd, a subsidiary of CESC Ltd, has received the Letter of Intent (LOI) for acquiring 100 per cent equity in a company responsible for electricity distribution and retail supply in Chandigarh. CESC, part of the RP-Sanjiv Goenka Group, had emerged as the highest bidder for the Rs 871-crore deal, securing the tender for the Chandigarh distribution business in 2021. However, the privatisation bid was challenged by trade unions. The Punjab and Haryana High Court recently dismissed the petition filed by employees of the Chandigarh Power Department, clearing the way for privatising power distribution services in the union territory. We write to inform you that Eminent Electricity Distribution Ltd, a wholly-owned subsidiary of CESC Ltd, has received a Letter of Intent for acquiring 100 per cent shares in a distribution company responsible for electricity distribution and retail supply in the Union ...

Khattar launches 1st trilateral power flow deal from Nepal to Bangladesh

During the visit, both sides had expressed their commitment towards greater sub-regional cooperation, including in the energy sector, which would lead to increased interlinkages between the economies

CG Power Q2 FY25 results: Net profit declines 10% to Rs 220 crore

CG Power and Industrial Solutions on Monday reported a nearly 10 per cent decline in its consolidated profit after tax to Rs 220 crore for three months ended September 2024. Its profit after tax (PAT) was Rs 244 crore in the year-ago quarter. Aggregate sales for the quarter increased 21 per cent to Rs 2,413 crore during the July-September quarter of the current fiscal from Rs 2,002 crore in the same quarter of 2023-24, the company said in a stock exchange filing. The order intake for the second quarter rose 42 per cent to Rs 3,302 crore, and the unexecuted order backlog stood at Rs 7,965 crore (48 per cent higher year-on-year) as of September 30, 2024. Its consolidated results include the performance of the operating subsidiaries in Sweden, Germany and Netherlands (Drives and Automation Europe), CG Adhesives Products (India), CG Semi (India), GG Tronics India and other non-operating and holding subsidiaries. On a standalone basis, the company's profit stood at Rs 223 crore, down

PLI for transmission equipment manufacturing can be explored: Power secy

Various options, including PLI for transmission equipment manufacturing, can be explored to boost the power transmission infrastructure of the country, Power Secretary Pankaj Agarwal said on Monday. Agarwal said he has requested the industry stakeholders to think about ways to localize the supply chain for transmission equipment. He was replying to a question on PLI scheme for transmission equipment, on the sidelines of 'Brainstorming Conclave on Indian Power Sector Scenario by 2047' organised by Central Electricity Authority (CEA) in partnership with Ficci. "I requested the participants to also think how can we localize the supply chain for transmission equipment as global supply chains are under strain...and do we need some PLI kind of scheme for some kind of equipment....I have requested to explore that whether that can help or some of other driver would be required," the official said. Agarwal also said that about 1650 GW of renewable capacity worldwide is waiting to get connec

Power demand may reach 270 GW next year, 446 GW by 2035: CEA Chairperson

It will focus on all aspects of power sector generation, transmission and distribution, Prasad said, adding that sufficient capacities are being added in the country to meet the future demand

India coal-fired power output falls consecutively for 1st time since Covid

Heavy September rainfall in the west and north resulted in lower power demand, CRISIL, a unit of ratings agency S&P, said in a recent note

India's power consumption declines 4.7% to 144.2 billion units in Aug

India's power consumption declined 4.7 to 144.21 billion units (BU) in August compared to the year-ago period, mainly due to the above normal rainfall across the country which reduced the use of cooling appliances like air conditioners and desert coolers. According to the Indian Meteorological Department, the country recorded 287.1 mm of rainfall in August, which is about 16 per cent higher than the normal 248.1 mm. In August 2023, the power consumption stood at 151.32 BU, according to official data. The highest supply in a day (peak power demand met) also contracted to 216.68 GW in August 2024 against 236.29 GW in the year-ago month. The peak power demand touched an all-time high of about 250GW in May this year. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. Earlier this year, the power ministry projected a peak power demand of 235 GW during the day and 225 GW during evening hours for May and 240 GW during daytime and 235 GW in the eveni

C&I segment emerges as lucrative for energy companies and investors

Leading names in the energy sector Tata Power, JSW Energy, ReNew, Hero Future Energies, and Sterlite Power have announced plans for a dedicated C&I business vertical

Govt's changed power export rules could lead to gain for Adani: Report

Plants selling their entire power to India's neighboring countries may be allowed a domestic grid connection in case of a consistent drop in offtake or payment defaults