Power Ministry

Power Minister Manohar Lal to highlight India's energy gains at Brics meet

Union Minister Manohar Lal will showcase the country's achievements in the power sector over the past decade at BRICS Energy Ministers' Meeting on May 19, an official statement said on Saturday. Lal is on an official visit to Brazil to attend the meeting, a power ministry statement said. He will showcase the country's achievements in the energy sector over the past decade, including a 90 per cent increase in power capacity, leadership in renewable energy, green hydrogen, and biofuels, as well as innovations and sustainable development. India will also reaffirm its commitment to ensuring equitable access to energy and accelerating the energy transition.

CCEA approves revised SHAKTI scheme for allocation of coal to power plants

The Cabinet Committee on Economic Affairs on Wednesday approved the revised Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) for allocation of coal to the power sector to help them meet long-term and short-term coal requirement. The approval was given by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi, in a move aimed at simplification of the linkage process. The CCEA "has approved grant of fresh coal linkages to thermal power plants of central sector/state sector/independent power producers (IPPs)," the coal ministry said in a statement. With the introduction of Revised SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) Policy, two windows --- coal linkage to central gencos/states at notified price and coal linkage to all gencos at a premium above notified price -- have been proposed. The ministry further said 'under coal at notified price' segment the existing mechanism for grant of

Consultative Committee of PowerMin calls for greater push to nuclear power

Among other policy changes suggested by the committee were facilitating faster land acquisition through brownfield expansions and repurposing retired thermal sites

Union power minister urges states to prioritise prepaid smart metering

Union Power Minister Manohar Lal on Saturday asked states to prioritise prepaid smart metering at government establishments including government colonies. Addressing the regional conference of the power sector here, he said that the installation of prepaid smart meters at government establishments, including government colonies, will streamline optimisation of revenue from consumption of power. "The installation of prepaid smart meters at government establishments, including residential colonies, will not only optimise revenue generation from power consumption but help reduce operational losses of the entities involved in power generation, transmission and distribution network," he said. The regional conference was attended among others by Tripura's Power minister Ratan Lal Nath, Meghalaya Power minister A T Mondal, Mizoram Power minister F Rodingliana and Sikkim Chief Minister Prem Singh Tamang. The Union Power minister also underlined the importance of a future-ready, modern, and

IT ministry in talks with Power min to address data centre energy needs

Ministry of Electronics and IT is in discussion with the power ministry to address issues related to energy requirement of data centres, a senior government official said on Saturday. Speaking at Global Technology Summit, IT Secretary S Krishnan said that even before the development around artificial intelligence, there has been a lot of pressure to add data centres for cloud computing etc and at the same time there was was a lot of resistance to setting up more because they guzzle a lot of power and they don't provide much employment. "I think if you have to take advantage of the technology, it (setting up of data centres) is something which needs to be done now. Which means we have to figure out ways of doing it. There are solutions, technological solutions which can be worked out. And my ministry is in consultation with the Ministry of Power and other ministries to try and address this issue," Krishnan said. He said that India has an advantage in terms of having a lot of green ..

4 IPOs, 2 FPOs in power ministry's five-year monetisation pipeline

4 IPOs, 2 FPOs in PowerMin's Monetisation pipeline

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

Rlys seeks nuclear energy allocation for trains from NPCIL, Power Ministry

The Railways has approached the Nuclear Power Corporation of India Ltd (NPCIL) and the Ministry of Power for the allocation of nuclear energy to meet its increasing power requirement, the Rajya Sabha was recently informed. "The power requirement of the Indian Railways (IR) is increasing consistently year on year. IR is exploring all the possible options of energy including nuclear energy. "IR has been exploring the option of sourcing power from existing as well as upcoming nuclear power plants to meet part of its traction power requirement, Railway Minister Ashwini Vaishnaw said in a written reply in the Upper House on February 7. Trinamool Congress MP Sagarika Ghose raised the issue of use of nuclear energy to supply power to Railways and asked "whether development and advancement has been made in the railway sector to use nuclear energy to reduce usage of fossil fuels to power trains". Ghose also wanted to know the implications of using nuclear energy as well as its impact on the

Sufficient stock to meet summer demand: Coal Minister G Kishan Reddy

210 mt of coal likely from commercial mines in FY26

REC Q3 results: PAT grows 23% to Rs 4,076 cr, income at Rs 14,286.91 cr

State-owned REC Ltd on Thursday posted a 23 per cent rise in consolidated net profit to Rs 4,076.35 crore in the December quarter, aided by higher income. It had posted a net profit of Rs 3,308.42 crore in the October-December period of 2023-24 financial year, the company said in an exchange filing. The company's total income rose to Rs 14,286.91 crore in the reporting quarter from Rs 12,071.54 crore in the year-ago period. Total expenses stood at Rs 9,105.94 crore in the latest December quarter as against Rs 7,899.85 crore a year earlier. The board of the company also approved a third interim dividend of Rs 4.30 per share for the financial year 2024-25 and set February 14 as the record date for shareholders to become eligible for the payment. It further approved formation of a joint venture between REC Power Development and Consultancy Limited (a wholly-owned subsidiary of REC) and Mahagenco Renewable Energy Limited in the shareholding ratio of 50:50 for the development of renewa

Over 20 energy ministers, 90 CEOs to attend IEW 2025: Petroleum Secretary

Battery storage, 2nd and 3rd generation biofuels, green ammonia, and green hydrogen to be in focus

About Rs 15 trn required for adding power generation capacity in 2022-27

About Rs 15 lakh crore fund is required to add electricity generation capacity during 2022-27, which includes expenditure for projects to be commissioned in 2027-32, a power ministry statement said. The projected electrical energy requirement and peak electricity demand on all-India basis is estimated as 1908 BU (billion units) and 277 GW, respectively for 2026-27. The projections were made during a Meeting of the Parliamentary Consultative Committee of Members of Parliament for Ministry of Power here last evening. Union Power Minister Manohar Lal chaired the meeting. As per 20th Electric Power Survey (EPS) report published by the Central Electricity Authority (CEA), the peak demand and energy requirement is pegged at around 366 GW and 2474 BU by 2031-32, it stated. Energy Storage capacity is an important aspect in achieving the targets of NEP. Energy storage capacity of 16.13 GW/82.37 GWh with PSP(pumped storage) based storage of 7.45 GW capacity and 47.65 GWh storage and BESS ba

India's power consumption rises 5% to 125.44 billion units in Nov

India's power consumption rose 5.14 per cent to 125.44 billion units (BU) in November as compared to the year-ago month. In November 2023, power consumption was 119.30 GW, as per the government data. The highest supply in a day (peak power demand met) also rose marginally to 207.42 GW in November 2024 from 204.56 GW in the year-ago period. The peak power demand touched an all-time high of about 250 GW 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 while 240 GW during daytime and 235 GW in the evening hours for June. The ministry had also estimated that peak power demand may hit 260 GW this summer. Noting that November 2024 was the warmest in last four to five years as per official data, the experts opined that power demand as well as consumption showed subdued growth mainly due to slow on

Uninterrupted power supply govt's priority, says Rajasthan minister

The state government has decided to focus more on solar power to improve its electricity situation

States should list gencos and discoms: Power Minister M L Khattar

He said Gujarat and Haryana are considering listing their power utilities

Coal, Power ministries plan winter coordination to prevent power shortages

While summer marks peak power demand across the country, with aggregate demand going beyond 250 GW on some days this year, winter highs also need to be watched

Around 337,900 MW power capacity likely to be added by 2032: MoS Power

A total of 3,37,900 MW power generation capacity is likely to be added in the country by 2032, Parliament was informed on Monday. About 2,14,237 megawatt (MW) of electricity generation capacity was added in the last ten years, Union Minister of State for Power Shripad Naik said in a reply to the Rajya Sabha. The total generation capacity increased by 79.5 per cent from 2,48,554 MW in March 2014 to 4,46,190 MW in June 2024, he said, adding that "the total anticipated capacity addition by 2032 will be 3,37,900 MW". Of the total anticipated capacity addition, 80,000 MW will be thermal, 25,010 MW hydropower, 14,300 MW nuclear and 50,760 MW of pump storage plants (PSP) capacity, the minister said. Further, 510 MW of small hydro capacity is expected to be added by 2032, besides 1,43,980 MW of solar power and 23,340 MW of wind power.

Adani Power emerges top bidder for stressed KSK Mahanadi proj at Rs 27K-cr

KSK Mahanadi is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT). Coal India, NTPC, Vedanta, JSW Energy were among the other bidders

TN power tariff hike: Oppn slams govt, demands withdrawal of revision

Tamil Nadu's main opposition, the AIADMK and the BJP on Tuesday slammed the state government over the latest power tariff hike announced on July 15, saying the people cannot be burdened due to the "administrative inefficiency" of the ruling DMK. AIADMK general secretary and Leader of the Opposition, Edappadi K Palaniswami, alleged that the tariff revision was a result of the DMK's "arrogance" following its clean sweep of the April 2024 Lok Sabha polls, where the party-led alliance had won all 39 seats in Tamil Nadu. Whenever DMK came to power in the state, power cuts and tariff increase were common, he alleged in a statement. "Due to the arrogance of winning all 39 seats and after the Vikravandi bypoll (which the DMK won), Chief Minister M K Stalin has gifted a five per cent power tariff revision to the people of Tamil Nadu," he said. The former chief minister pointed out that this was the third such revision effected after the DMK assumed power in 2021, and also referred to the ..

India's power demand surge may require national electricity plan revision

India faces unprecedented surge in power demand with its peak expected to reach 260 GW by September or October this year