Tamil Nadu is exploring a hybrid storage model, in which pumped storage power plants (PSP) will be used to store excess energy from solar, wind, and other sources
Union Power Minister R K Singh on Friday said that India may add 25 GW to 30 GW thermal electricity generation capacity in addition to 50 GW already under works to meet the rising demand. Addressing at a CII conference, Singh said that India has around 25 GW of thermal capacity under construction and another 25 GW is planned. He pointed out that India is growing at a rapid pace and electricity demand is rising very fast, which needs to be met. He stated that the country may add another 25 GW to 30 GW of thermal power capacity to meet the demand. Power demand in the country has already touched a record high of 241 GW early this month.
Shares of SJVN hit a new high of Rs 73 on rallying 14% today after the company signed a power purchase agreement with Bhakra Beas Management Board for developing a solar project
Arunachal Pradesh Chief Minister Pema Khandu on Wednesday expressed concern over China's proposed mega hydropower project on the upstream of Siang River in Tibet, stating it will have a cascading effect on India and Bangladesh in the near future. During a zero-hour discussion in the state assembly, initiated by Congress MLA Lombo Tayeng seeking a declaration of recurring annual floods in Siang Valley as a natural calamity, Khandu said China has proposed a 60,000 MW hydro-power plant on the river, called Tsangpo in Tibet, in its 14th five-year plan. "We are worried about the project's impact in the future. Accordingly, a high-level meeting of the Brahmaputra Board was convened recently. The Centre has proposed a barrage on Siang River so that Chinese activities do not affect the river," he said. Khandu said a survey for the proposed barrage will be carried out, and once it is completed, the Centre will decide on the next step. Tayeng, while initiating the discussion, pointed out tha
The power ministry is advising states to expedite commissioning of all new power plants and operate gas-fired plants at full capacity, the note said
Union Power Minister R K Singh on Tuesday quantified the pace of economic growth in the country in terms of rise of electricity demand, and said that India's power demand is about 40 GW-50 GW more than the corresponding day last year. Addressing a day-long conference on 'Green Hydrogen Pilots in India' here, he said India has the potential to be one of the biggest manufacturers of green hydrogen in the world. The conference showcased various Green Hydrogen Pilots being implemented by both public and private sector companies of India. "We have this huge economy which will continue growing at 7 to 8 per cent for the next 2 to 3 decades. Our energy requirements are huge. Our power demand has grown up by 21 per cent in August 2023, as compared to August 2022," the minister said. Singh further noted that on a daily basis, "our power demand is about 40 GW-50 GW more than corresponding day last year, that is how fast we are growing." He stressed on the need to take effective measures to
India's power demand is expected to grow by more than 70 per cent over the next decade with a strong focus on non-hydropower renewable sources, a report said on Tuesday. The coal-powered generation will still account for a majority of production by 2032, illustrating the country's heavy reliance on the coal sector, BMI, a division of Fitch Group, said in a report. "We forecast India's electricity generation to grow by over 70 per cent over the next decade, marking the largest increase among the world's largest electricity producers. India will see a strong focus on non-hydropower renewable forms of electricity generation, which we expect to account for 16.9 per cent of total generation by 2032," it said. The strong long-term expansion of electricity demand will support power production growth, ensuring that power consumption demands are met. Underpinned by population growth, rising urbanisation as well as increased demand from the construction, manufacturing, and services sectors,
Companies are on pace to install 4 gigawatts of panels on top of buildings in this financial year ending March 31, nearly doubling the previous record
State-owned Power Finance Corporation (PFC) has entered into a pact with Damodar Valley Corporation (DVC) as part of which it will provide Rs 4,527.68 crore loan to set up a 1,320 MW project at Raghunathpur in West Bengal. The Raghunathpur Phase-II project -- a collaborative effort between PFC and DVC -- will contribute significantly to the power generation capacity in West Bengal, a PFC statement said on Friday. With a combined capacity of 1,320 MW, the project marks a key milestone in the region's energy landscape, it said. "PFC and DVC have successfully executed a loan agreement amounting to Rs 4,527.68 crore. This amount is earmarked for the realisation of the ambitious 2x660 MW Raghunathpur Phase-II project," the statement said. As the project progresses, PFC and DVC remain dedicated to ensure its successful implementation, adhering to the highest standards of efficiency, innovation, and environmental responsibility, the statement said. PFC is the country's largest non-bankin
Nepal Prime Minister Pushpa Kamal Dahal "Prachanda" on Friday said that his government plans to increase the export of electricity to neighbouring India from 450 MW to 10,000 MW in the next 10 years and the two nations have already signed a preliminary bilateral agreement for it. Addressing the 38th anniversary of the Nepal Electricity Authority here, Prachanda said that Nepal is transforming in the sector of hydropower and it will further create a conducive environment for attracting foreign investment. "Our country is preparing and waiting with keen interest for larger economic transformation through speedy development of hydro-electricity and its maximum internal consumption in the coming decade," he said. "Though Nepal is currently exporting around 450 MW of electricity to India we are aimed at taking the power export to 10,000 MW in the next ten years period for which Nepal and India have already signed a preliminary bilateral agreement," Prachanda said. Prachanda also mention
The NLC India on Thursday inked a pact with Rajasthan Urja Vikas Nigam for supply of 300 MW solar power for the next 25 years. A central PSU, the NLC secured 510 MW solar project capacity in the CPSU Scheme Phase-II Tranche-III floated by Indian Renewable Energy Development Agency (IREDA) through competitive bidding. In a statement, the NLC said 300 MW solar project capacity is under execution at Barsingsar, Bikaner District of Rajasthan. The EPC (Engineering, procurement and construction) contract for the project has been awarded to TATA power solar systems. The Power Usage Agreement (PUA) for the 300 MW solar project was signed between NLC India Limited (NLCIL) and Rajasthan Urja Vikas Nigam Limited (RUVNL) on August 17 at Jaipur. The pact is for supply of solar power to Rajasthan for the next 25 years. Power to the tune of 750 Million Units is to be generated annually from the project and total green power generated will be supplied to Rajasthan. "The project will help Rajastha
India can utilise the huge amount of waste generated throughout the country to produce 65 GW of electricity per annum, which can grow to 165 GW by 2030 and 436 GW by 2050, according to experts. India generates 65 million tonnes of waste every year, which is estimated to go up to 165 million tonnes by 2030 and 436 million tonnes by 2050 as per a white paper prepared at a two-day workshop of waste management experts held recently. About 75-80 per cent of the municipal waste gets collected and out of this only 22 to 28 per cent is processed and treated, the document noted. During the workshop, experts from International Climate Change and Sustainability Action Foundation, IIT, ISM Dhanbad, Tata Institute of Social Sciences (TISS), and industries came together to discuss the way forward to deal with the issue of mounting waste dumping sites. India has 3,159 active waste dump sites accounting for about 20 per cent of the country's methane emissions, said the white paper which also provi
Union Power Minister R K Singh on Wednesday said that the discussions are underway to establish grid interconnection with Singapore and United Arab Emirates (UAE) for cross border electricity transmission. The discussions come on the back of India's initiative 'One Sun, One World, One Grid' or global solar grid for transmission of electricity across the globe for mitigating emission challenges. Singh said that India is also working on strengthening its power trade infrastructure with neighbouring countries such as Nepal, Bhutan, Myanmar and Bangladesh. Furthermore, plans are underway to establish infrastructure connectivity with Sri Lanka for power trade. "Discussions are ongoing with Singapore for grid connectivity, and similar discussions are taking place with UAE for grid interconnection," he said. An MoU has been signed between India and Sri Lanka to enhance electric connectivity and promote the use of renewables, especially wind energy. "Nepal is seeking investments from Ind
The decline in manufacturing activities occurred due to severe power shortages, which led to the loss of thousands of jobs for the local people
The CM further directed the department to play an active role to installing solar panels at GB Pant, IGM, and TMC hospitals
Multipurpose project Damodar Valley Corporation (DVC) has drawn up capital expenditure plans of around Rs 70,000 crore by 2030 to boost power generation capacity from 6,700 MW at present to 16,000 MW, its chairman R N Singh said on Friday. He said DVC will increase its coal-fired power generation capacity through brownfield expansion, while it also plans to invest in the renewable energy sector, Singh said. Speaking at the Bengal Power Conclave organised by IEEMA here, Singh said "DVC will make a capital expenditure of Rs 70,000 crore in augmenting power generation capacity by 2030. The present installed capacity of 6,700 MW will go up to 16,000 MW". Thermal capacity expansion will be through the brownfield route, he added. Singh said DVC will also make investments in the renewable energy sector by setting up floating and land-based solar power plants. He said the potential for harnessing solar energy will be about 2,000 MW under the DVC command area. "DVC has already floated a te
State-owned power giant NTPC Ltd on Monday announced that a 660-MW unit of its plant at Barh, on the outskirts of Patna, has started commercial generation, which would result in an additional 396 MW electricity supply to Bihar. In a statement issued here, the NTPC also said this has resulted in an increase in the total commercial generation capacity of the plant from 1,980 MW to 2,640 MW. Bihar's allocation from the facility has thus risen to 1,922 MW from 1,526 MW from Monday, while the total allocation from all NTPC plants in the state has gone up to 7,287 MW from 6,891 MW. The NTPC also disclosed that the unit, which started commercial generation on Monday, had successfully completed the mandatory 72-hour full-load trial-run operation on June 30. "The fifth unit of the Barh plant, which would be the last of Stage-I, will be completed next year", the company said. According to the allocation fixed by the Union Ministry of Power, 396 MW will be supplied "to the home state of Bih
The global growth rate for energy consumption is set to slow to slightly less than 2% in 2023, down from 2.3% in 2022, which was also down from the five-year pre-COVID 19 average of 2.4%
Union Minister for Power RK Singh on Thursday chaired a meeting to review the progress of development of the inter-state transmission system. During the meeting here, emphasis was laid on completing the projects in a time-bound manner across the country, according to an official statement. Besides this, the minister also stressed on how to strengthen the grid system, it said. Keeping in view the fact that Rajasthan has the highest installed capacity in the field of renewable energy, the existing and planned transmission network for evacuation of renewable energy from Rajasthan was discussed in detail, the statement said. The Union Minister for power, new and renewable energy took stock of issues, problems and options available for timely completion of projects related to transmission lines related to renewable energy generation in Rajasthan, it said. Officials of various departments related to the power projects attended the meeting.
Renewable energy solutions provider Suzlon Group has bagged an order for a 47.6 MW wind power project from KP Group in Gujarat. However, the company did not disclose the value of the order. The project is located at Vagra in Bharuch district in Gujarat and is expected to be commissioned in 2024, a company statement said. A project of this size can provide electricity to 36,000 households and curb 1.42 lakh tonne of CO2 emissions per year. Suzlon will supply their S133 wind turbines (equipment supply) and supervise execution and commissioning of the project. It will also provide comprehensive operations and maintenance services post commissioning. JP Chalasani, Chief Executive Office, Suzlon Group said, "The power generated from this project will serve the Commercial & Industrial (C&I) consumer segment, which is a key segment to drive deeper penetration of renewables in India.