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Page 5 - India Power Production

Govt to offer 26 blocks at 9th round of commercial coal mine auction on Wed

The Centre will launch the ninth round of commercial coal mines auction on Wednesday, offering as many as 26 blocks to bidders. In pursuit of ensuring energy security and driving economic development, the Ministry of Coal is set to embark on another significant stride with the launch of the 9th round of Commercial Coal Mine Auctions here on 20th December 2023, the Coal Ministry said in a statement. "Of the 26 coal mines to be auctioned, seven are fully explored, while 19 are partially explored blocks," the ministry said. These mines are in the states of Chhattisgarh, Jharkhand, Madhya Pradesh and Telangana. Coal and Mines Minister Pralhad Joshi will be the chief guest and Minister of State for Railways, Coal and Mines Raosaheb Patil Danve will be the guest of honour on the occasion. Unlike previous commercial coal mine auctions, there are no restrictions on the sale or utilisation of coal. "Notably, eligibility criteria have been eliminated, removing any technical or financial ..

Govt to offer 26 blocks at 9th round of commercial coal mine auction on Wed
Updated On : 18 Dec 2023 | 6:51 PM IST

Average power purchase cost increases by 71 paise per unit during FY22-23

Average power purchase cost increased by 71 paise per unit during FY22-23 due to a rise in various overheads like transmission and distribution rates, Parliament was informed on Thursday. On the rise in power cost due to increased use of imported coal, Union Power Minister RK Singh, in a written reply to the Lok Sabha, said, "Average power purchase cost increased by 71 paise only between FY22 and FY23. This is because of increase in various costs including an increase in transmission and distribution costs". The minister explained that with the rise in electricity demand from July 2021 onwards, the consumption of coal in thermal power plants increased. The supply of domestic coal on a daily basis was less than consumption, which resulted in the depletion of coal stock and stocks at plants came down from 28.7 million tonnes (MT) as of June 30, 2021, to about 8.1 million tonnes (MT) as of September 30, 2021, he added. Therefore, in December 2021, the Ministry of Power advised state

Average power purchase cost increases by 71 paise per unit during FY22-23
Updated On : 14 Dec 2023 | 7:49 PM IST

India's power consumption grows nearly 9% to 1,099 bn units in April-Nov

Power consumption has increased by nearly nine per cent to 1,099.90 billion units (BU) in the country during April-November this fiscal compared to the same period a year ago, showing a surge in economic activities. The power consumption in the country was 1,010.20 BU in April-November 2022-23, higher than 916.52 BU recorded in the same period of 2021-22. Power consumption in the entire fiscal 2022-23 was 1,504.26 BU, higher than 1,374.02 BU witnessed in 2021-22 financial year. Industry experts said that around nine per cent growth in power consumption in the first eight months of this fiscal year shows buoyancy in the economy. The power ministry had estimated the country's electricity demand to touch 229 GW during summer. The demand did not reach the projected level in April-July due to unseasonal rain. The peak demand, however, touched a new high of 224.1 GW in June before dropping to 209.03 GW in July. Peak demand touched 238.82 GW in August. In September this year, it was at a

India's power consumption grows nearly 9% to 1,099 bn units in April-Nov
Updated On : 10 Dec 2023 | 12:01 PM IST

India's power consumption grows 8.5% to 119.64 bn units in November

The country's power consumption grew nearly 8.5 per cent to 119.64 billion units (BU) in November, showing a surge in electricity demand due to festivities and increased economic activities. In the year-ago period, power consumption stood at 110.25 BU, higher than 99.32 billion units recorded in November 2021, according to the government data. The peak power demand met -- the highest supply in a day -- rose to 204.60 GW in November. The peak power supply stood at 187.34 GW in November 2022 and 166.10 GW in November 2021. The power ministry had estimated the country's electricity demand to touch 229 GW during summer. The demand did not reach the projected level in April-July due to unseasonal rain. The peak supply, however, touched a new high of 224.1 GW in June before dropping to 209.03 GW in July. Peak demand touched 238.19 GW in August. In September this year, it was 240.17 GW. The peak demand was 222.16 GW in October 2023. Industry experts said power consumption was affected

India's power consumption grows 8.5% to 119.64 bn units in November
Updated On : 01 Dec 2023 | 4:09 PM IST

New FTAs, lower cost of power, logistics to help boost exports: PHDCCI

Measures like comprehensive trade pacts, reduction in cost of capital, power, and land reforms will help boost India's exports of goods and services to USD 2 trillion by 2030, an industry chamber report said on Thursday. The PHDCCI's report also recommended schemes for 75 potential export products including marine items, iron ore, some chemicals, pharma, cotton, aluminium, and tankers to promote shipments. "The 75 products have been identified from nine most promising sectors. These products contribute around USD 222 billion, which is around 50 per cent of India's total exports. At the global level, these 75 products have significant presence in world exports, whereas India's share of these products is only 6 per cent of the total world exports," it said. The report - India's Emerging Export Dynamics: Vision USD 2 Trillion Exports by 2030. - added that India's service exports have traditionally been concentrated in North America and Europe, but growing continents like Asia, Africa,

New FTAs, lower cost of power, logistics to help boost exports: PHDCCI
Updated On : 23 Nov 2023 | 4:30 PM IST

Power plants to run at full capacity as electricity demand rises: Singh

Union Minister R K Singh on Monday asked his counterparts in states to run all power plants at full capacity to meet the peak demand against the backdrop of rising electricity consumption and coal shortage. The minister made the remarks at the inauguration of two-day National Conference of Power and New & Renewable Energy Ministers of States & UTs in the national capital. "To meet the growing demand, all states need to run all power plants and at full capacity," Singh said. He met with his counterparts in states and union territories and shared his views on steps being taken to address the growing power demand in the country, which he said is a sign of fast growth of the Indian economy. Singh further said some states do not run their power plants at peak capacity and instead seek power from the Centre's pool. If some states are not running their plants at peak demand, "we will not be able to supplement from the central pool. We have to focus on making sure that all our plants .

Power plants to run at full capacity as electricity demand rises: Singh
Updated On : 06 Nov 2023 | 7:51 PM IST

Power consumption grows 9.4% to 984.39 billion units in April-October

India's power consumption grew 9.4 per cent to around 984.39 billion units in the April-October period this fiscal compared to a year ago mainly due to improvement in economic activities and weather conditions. Power consumption in the April-October period in fiscal year 2022-23 was 899.95 billion units, according to power ministry data. Another indicator, peak power demand, was also higher at nearly 241 GW during the April-October period this fiscal against 215.88 GW in the same period in 2022. The country's power consumption grew nearly 22 per cent to 138.94 billion units (BU) in October, showing a surge in electricity demand due to festivities and increased economic activities. In the same month a year ago, power consumption stood at 113.94 BU, higher than 112.79 billion units recorded in October 2021, as per government data. A spokesperson of Tata Power Delhi Distribution Ltd said, "In the last couple of months, electricity consumption has gone up substantially." In October 2

Power consumption grows 9.4% to 984.39 billion units in April-October
Updated On : 05 Nov 2023 | 3:46 PM IST

India's power demand for ACs to exceed total consumption of Africa: IEA

India's demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said on Tuesday. In its latest World Energy Outlook, IEA said India will see the largest energy demand growth of any country or region in the world over the next three decades. It projected India's energy supply to rise from 42 exajoules (EJ) in 2022 to 53.7 EJ in 2030 and 73 EJ in 2050 under stated policies scenarios and 47.6 EJ by 2030 and 60.3 EJ by 2050 as per announced pledges. Oil demand is seen rising from 5.2 million barrels per day (bpd) in 2022 to 6.8 million bpd in 2030 and 7.8 million bpd in 2050 under stated policies scenario. Under announced pledges, this demand is seeking 6.2 million bpd in 2030 and 4.7 million bpd in 2050. IEA said over the past five decades, India witnessed over 700 heatwave events, which have claimed over 17,000 lives. Fuelled by it

India's power demand for ACs to exceed total consumption of Africa: IEA
Updated On : 24 Oct 2023 | 11:38 PM IST

Rs 20,773.7 cr cleared for transmission line to evacuate power from Ladakh

The Union Cabinet on Wednesday approved Rs 20,773.7 crore to set up a transmission line for evacuating power from for 13 GW renewable energy project in Ladakh. Prime Minister Narendra Modi in his Independence Day speech announced setting up a 7.5 GW Solar Park in Ladakh. After an extensive field survey, the Ministry of New and Renewable Energy (MNRE) prepared a plan to set up a 13 GW Renewable Energy (RE) generation capacity along with a 12 GWh Battery Energy Storage System (BESS) in Pang, Ladakh. For evacuating this huge quantum of power, it will be necessary to create an inter-state transmission infrastructure, an official release said. The Cabinet Committee on Economic Affairs (CCEA) approved the project on Green Energy Corridor (GEC) Phase-II Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh, it added. The transmission line for evacuating this power will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be ...

Rs 20,773.7 cr cleared for transmission line to evacuate power from Ladakh
Updated On : 18 Oct 2023 | 4:43 PM IST

Power consumption up by 6,000 MW in Karnataka due to drought: Siddaramaiah

Blaming the previous BJP government for the current power crisis in Karnataka, Chief Minister Siddaramaiah said due to drought this year, consumption has gone up from 10,000 MW to 16,000 MW in October. Responding to questions on load-shedding in the state, he said the farmers are using more electricity for their pump sets in the absence of adequate rains this year. Despite being in power for five years, neither former Chief Minister H D Kumaraswamy nor BJP added even one megawatt of electricity. It is our government which generated more power in the state, Siddaramaiah told reporters here. Kumaraswamy ran a Congress-JD(S) coalition government for 14 months from 2018 to 2019 before it collapsed due to the disqualification of several MLAs after they crossed over to the BJP. Subsequently, the BJP came to power, and it lost to the Congress in the Assembly elections held in May this year. Due to lack of (adequate) rains this year, farmers are using more electricity for their pump sets.

Power consumption up by 6,000 MW in Karnataka due to drought: Siddaramaiah
Updated On : 16 Oct 2023 | 4:18 PM IST

A platform for power

Coupling reverses momentum of reforms

A platform for power
Updated On : 23 Aug 2023 | 11:33 PM IST

How infrastructural challenges, legacy issues could impact power reforms

A series of regulations aimed at improving electricity supplies and empowering customers could reshape India's electricity market, provided infrastructure and legacy issues are sorted out first

How infrastructural challenges, legacy issues could impact power reforms
Updated On : 05 Jul 2023 | 6:29 PM IST

J&K's Kishtwar will become north India's major 'power hub': Jitendra Singh

Union Minister of State for Personnel Jitendra Singh on Saturday said Jammu and Kashmir's Kishtwar will become north India's major "power hub" generating around 6,000 MW of power after the completion of the ongoing power projects. Singh, who cancelled his two public rallies at Nagseni and Dachhan on Saturday as a mark of respect to the victims of the train accident in Odisha, convened a detailed meeting to review the progress of various hydroelectric power projects in the Kisthwar and Doda districts. NHPC chairman Rajiv Vishnoi, Deputy Commissioner Kishtwar Devansh Yadav and officials of central government and UT administration updated the minister about the progress of the projects, a statement issued by the personnel ministry said. "Jammu and Kashmir's Kishtwar will become North India's major 'power hub' generating around 6,000 MW of power after the completion of the ongoing power projects," the statement quoted the minister as having said. He said, the surplus power from Kishtwa

J&K's Kishtwar will become north India's major 'power hub': Jitendra Singh
Updated On : 03 Jun 2023 | 10:22 PM IST

India to amend power policy draft to halt new coal-fired capacity

India plans to stop building new coal-fired power plants, apart from those already in the pipeline, by removing a key clause from the final draft of its National Electricity Policy

India to amend power policy draft to halt new coal-fired capacity
Updated On : 05 May 2023 | 8:36 AM IST

'24x7 quality, reliable, affordable power necessary to be developed nation'

Union Power Minister R K Singh has said that 24x7 quality, reliable and affordable power supply to all the electricity consumers in the country is necessary for India to become a developed nation. The minister emphasised the importance of a viable and modern power sector in the overall economic growth of the country. The Minister for Power, New and Renewable Energy chaired the Review Planning & Monitoring (RPM) meeting with states and state power Utilities, the Ministry of Power said in a statement. Most of the DISCOMs have started implementing the reform measures prescribed by the Ministry of Power under its various initiatives like the Revamped Distribution Sector Scheme (RDSS), Additional Prudential Norms and Late Payment Surcharge (LPS) Rules 2022, Singh said. The DISCOMs as well as GENCOs have benefitted from the Late Payment Surcharge Rules 2022, the statement dated April 10 said. The Minister also launched the 11th Integrated Rating of Power Distribution Utilities 2022, ..

'24x7 quality, reliable, affordable power necessary to be developed nation'
Updated On : 11 Apr 2023 | 12:27 PM IST

Power stocks surge as govt orders coal-based plants to run at full capacity

The government has invoked emergency powers under Section 11 of the Electricity Act to impose the rule as it expects record surge in power demand this summer

Power stocks surge as govt orders coal-based plants to run at full capacity
Updated On : 21 Feb 2023 | 11:53 AM IST

Rebound in power demand to fire up related stks over medium-term: Analysts

On the bourses, shares of Adani Power, Adani Transmission, CG Power, NHPC, NTPC, and Adani Green Energy have surged up to 61 per cent so far in FY23, ACE Equity data shows

Rebound in power demand to fire up related stks over medium-term: Analysts
Updated On : 18 Jan 2023 | 12:37 AM IST

Employees of 3 state-owned power firms go on strike; Maha invokes MESMA

Thousands of employees of three state-owned power companies went on a 72-hour strike on Wednesday to protest against the privatisation of power firms even as the government invoked the Maharashtra Essential Services Maintenance Act (MESMA), a leader from the employees' union said. The government has asked the officials concerned to take all necessary steps to ensure normal supply of electricity in the state. Thousands of employees of the three companies were participating in the strike which started from midnight, Krushna Bhoir, general secretary of the Maharashtra State Electricity Workers' Federation, told PTI. The protest was going on peacefully across the state, he said, adding the protesting employees were sitting in pandals erected outside their establishments. Bhoir said the state government has called them for a meeting and Deputy Chief Minister Devendra Fadnavis will meet members of the action committee of the employee unions at the Sahyadri Guest House here at around 1 ..

Employees of 3 state-owned power firms go on strike; Maha invokes MESMA
Updated On : 04 Jan 2023 | 11:53 AM IST

Rs 2.44-trn plan for 500-Gw renewable energy transmission launched

Liberty to Renewable project developers to sell on Exchanges till Transmission comes up: Power Minister

Rs 2.44-trn plan for 500-Gw renewable energy transmission launched
Updated On : 07 Dec 2022 | 11:19 PM IST

Continental power grid spanning Japan to India inches closer to reality

Plans for a web of sub-sea cables that would create a continental power grid spanning Japan to India are rapidly becoming cheaper and more feasible

Continental power grid spanning Japan to India inches closer to reality
Updated On : 26 Oct 2022 | 1:39 PM IST