Page 3 - Power Ministry

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

REC loan sanctions grow 24% to Rs 1.12 trn in Q1; Rs 40k cr for renewables

State-owned REC Ltd on Monday said it sanctioned Rs 1,12,747 crore worth of loans during April-June FY25, posting a year-on-year growth of 24.17 per cent. It had sanctioned Rs 90,797 crore as loan during the year-ago period, the company said in an exchange filing. Loan disbursements rose 27.89 per cent to Rs 43,652 crore in the period under review. During June quarter FY25, Rs 39,655 crore was sanctioned for renewable energy projects, up 58.72 per cent from the year-ago period. Loan disbursements more than doubled to Rs 5,351 crore from Rs 1,534 crore. REC, under Ministry of Power, is a non-banking financial company (NBFC) focusing on power sector financing in India.

Power stations stocked with bumper coal supply as transport woes ease

While the domestic production of coal during these summer months has grown 8-10 per cent over last year, easing of transportation bottlenecks has been the real catalyst of change

Day after load crash, power ministry says have enough power capacity

"Despite challenging conditions, the highest-ever peak demand of 89 Gw in the Northern Region was successfully met on June 17, 2024," the ministry said

Power ministry asks utilities to be on high alert due to rising demand

The power ministry on Tuesday said it has asked all utilities "to maintain a high state of alert and minimise forced outages of equipment" amid heatwave pushing electricity demand, especially in the northern region where Monsoon is yet to arrive. The country's northern region has been experiencing high electricity demand due to a prevailing heatwave since May 17, 2024, the ministry said in a statement. Despite these challenging conditions, the ministry said, the highest ever peak demand of 89 GW in the northern region was successfully met on June 17, 2024. It was made possible by importing 25-30 per cent of the region's power requirement from neighbouring regions, it said. "All utilities have been advised to maintain a high state of alert and minimise forced outages of equipment," the statement said. According to the India Meteorological Department (IMD) forecast, heatwave conditions in North-West India are expected to abate from June 20. In response to the increased electricity

Modi 3.0: Two-time CM Manohar Lal Khattar to balance power with housing

Khattar, considered close to PM since their time together in the Rashtriya Swayamsevak Sangh, will be taking over two ministries that will shape the socio-economic growth of the country

Scorching heat fuels India's gas-fired power use to multi-year highs in May

More than 75 per cent of India's power generation was from coal in 2023, while gas-fired plants have accounted for only about 2 per cent in recent years, largely because of the high cost of gas

Peak power demand bounces back to nearly 241 GW on Tuesday after 2 days

Peak power demand bounced back to nearly 241 GW on Tuesday after sliding for two straight days from the 245 GW level recorded on the first day of this month. The government data showed that the peak power demand touched an all-time high of 250 GW on May 31, 2024, breaking the previous record of 243.27 GW in September 2023. According to the data, the peak power demand met or the highest supply in a day was recorded at 245.14 GW on June 1, 225.90 GW on June 2, 236.37 GW on June 3 and 240.89 GW on June 4. Earlier in May, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. The ministry has also projected that peak power demand may hit the 260 GW mark during this summer season. The experts are of the view that peak power demand, as well as consumption, would be steady during June as there would be continuous requirements for cooling appliances like cool

Sweltering heat directs attention at 'disappearing' spring in country

Sweltering heatwave in north India that have caused scores of deaths, floods and landslides in the northeast that have affected lakhs of people, a spring season that suggests it could soon "disappear" from the calendar extreme weather events in the first five months of 2024 have got everyone questioning: where is all this headed? Despite having made predictions to this effect, climate scientists acknowledge that the temperatures this summer, including the outlier 52.9 degrees Celsius in Delhi, are "alarming, though not surprising". "This could be the worst summer in the last 120 years, at least for north India. Never have temperatures gone so high more than 45-47 degrees Celsius for such a vast region, which is also densely populated. This is a record in itself," Vimal Mishra, Vikram Sarabhai Chair Professor, Civil Engineering and Earth Sciences, IIT Gandhinagar, told PTI. The temperatures, "similar to those in Africa's Sahara desert," are "far beyond expectations" by at least ..

Peak power demand hits season's new high of nearly 240 GW on Friday

India's peak power demand hit the season's new high of 239.96 GW on Friday, due to soaring mercury levels in various parts of the country, which compelled excessive use of cooling appliances like air conditioners and coolers. As per power ministry data, the peak power demand met or the highest supply in the day, was recorded at 239.96 GW on Friday, which is the maximum so far in the summer season this year. On Thursday, it was 236.59 GW, while on Wednesday, the peak power demand was at 235.06 GW, as per power ministry data. The all-time high peak power demand of 243.27 GW was recorded in September 2023. The record is expected to be broken during this summer season. Earlier this month, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. Industry experts are of the view that power demand is already around 240 GW level in May, which was projected for

Peak power demand hits season's high of 235 GW on Wednesday amid heat wave

India's peak power demand hit the season's high of 235.06 GW on Wednesday mainly due to excessive use of cooling appliances like air conditioners and coolers amid severe heat waves in most parts of the country. According to the power ministry data, the peak power demand met or the highest supply in the day is recorded at 235.06 GW on Wednesday, which is the maximum so far in the summer season this year. The all-time high peak power demand of 243.27 GW was recorded in September 2023. The record is expected to be broken during this summer season. Earlier this month, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. Besides the power ministry has also projected that peak power demand can hit the 260GW mark during this summer season. The data shows peak power demand was 224.18GW in April 2024, when the country witnessed the onset of the summer season

Govt asks imported coal-based plants to run full capacity till October 15

The Ministry of Power has asked all thermal plants using imported coal to operate at full capacity for another three and a half months till October 15 to avoid electricity shortage amid rising demand in the country. The ministry has projected peak power demand of 260 GW during the summer season (April to June) in view of longer heat wave duration. Peak power demand had touched all-time higher of 243 GW in September 2023. The India Meteorological Department (IMD) has predicted above-normal maximum temperatures in most parts of the country during summer this year. A power ministry notice to 15 imported coal-based thermal power projects on April 12 stated, "It has now been decided to extend the time period for Section 11 directive to generating companies having imported coal-based plants, up to October 15, 2024." In October 2023, the ministry extended the deadline for these imported coal-based plants to operate at full capacity from November 1, 2023 to June 30, 2024. In February 2023

Govt pulls all stops to ensure smooth power supply this summer: R K Singh

The government has asked all power plants to operate at full capacity as it pulls all the stops to meet peak electricity demand in the searing summer season, Power Minister R K Singh said on Thursday. With the meteorological department forecasting a harsh and long summer, the government has asked all plants that are shut for maintenance or other reasons, to quickly start operating and harness surplus power available at generating stations dedicated to specific users. The government is also ensuring that thermal power plants - the backbone of India's electricity supply - have enough coal stocks to last through June and has asked all units to offer their uncontracted or surplus power in power exchanges. In an interview with PTI, Singh exuded confidence of meeting peak summer demand without any disruption. He said, "We are mobilising our entire capacity whether it is thermal, hydro, renewable or gas-based. So I think we will meet the demand." The Ministry of Power has projected a pea

PowerMin reviews electricity supply situation as summer comes knocking

Thermal stations to defer maintenance, gas-based units might be asked to run mandatorily

Statsguru: Discoms show progress in some parameters, but challenges remain

Despite rising electricity demand in the last five years, increases in the emissions from the power sector have slowed down

Grid connected solar inverter new addition to standards and labeling scheme

The Bureau of Energy Efficiency (BEE) has added a grid-connected solar inverter to the Standards and Labeling Program, which will help consumers get better-quality products for use as part of solar rooftop systems, a statement said on Friday. The BEE under the Ministry of Power, has come out with one more Standards and Labeling Program, which aims to help consumers make informed choices considering the cost-effectiveness and energy performance of various energy-consuming appliances, thus enabling them to save energy, reduce electricity consumption and also contribute to a greener planet, a power ministry statement said. The program will help consumers in getting better-quality inverters which can be used as part of the solar rooftop system. Union Power and New & Renewable Energy Minister R K Singh said, "The S&L Programs of BEE have resulted in reduction in carbon dioxide emissions by 60 million tonnes per annum." "The other advantage is that we save money, given the quantum ..

Power sector to attract Rs 17 trn in next 5-7 years: Union minister Singh

Domestic power industry is expected to attract investments of 17 lakh crore over the next 5-7 years, Union Minister R K Singh said on Thursday. The sector has seen investments of Rs 20 lakh crore in the last nine years, the Minister for Power, New and Renewable Energy was quoted as saying in a release by the power ministry. "During my tenure, we spent about Rs 2 lakh crores in constructing about 3,000 new substations, upgrading about 4,000 substations, adding 8.5 lakh circuit kilometres of HT (high transmission) and LT lines and 7.5 lakh transformers," Singh said while addressing an event here. On capacity addition, he said the country added 190 GW of power generation capacity, increasing it to around 436 GW during the said period. India added 200,000 circuit kilometres to transmission lines and the transmission system is the largest integrated transmission system in the world. It can transfer 116 GW of power from one corner of the country to another. "We are going to come up with