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Page 5 - Power Ministry

Power Minister urges ISA to take up more solar energy projects in Africa

The two sides also took note of the success of Kenya in renewable energy and discussed the idea of holding a conference by ISA in Kenya

Power Minister urges ISA to take up more solar energy projects in Africa
Updated On : 14 Jun 2023 | 5:02 PM IST

Power Min asks imported coal-based plants to run full capacity till Sept 30

The Ministry of Power on Monday extended the time period of its direction to all thermal plants using imported coal to operate at full capacity by three-and-a-half months till September 30 to avoid electricity shortage amid rising demand in the country. Peak power demand met or the highest supply in a day touched a record high of 223.23 GW on June 9, 2023. A power ministry notice shot off on Monday to 15 imported coal-based thermal power projects, stated: "It has now been decided to extend the time period for Section 11 to imported coal-based generators up to September 30, 2023." Earlier in February, the ministry asked these imported coal based plants to operate at full capacity from March 16, 2023, to June 15, 2023, invoking Section 11 of the Electricity Act 2003 to avoid any outage due to a sudden rise in power demand. Peak power demand was estimated to touch a record high of 229GW during this summer. However, unseasonal rains affected the demand as people used fewer cooling ...

Power Min asks imported coal-based plants to run full capacity till Sept 30
Updated On : 12 Jun 2023 | 5:36 PM IST

Non-fossil fuel-based power generation capacity to be 68.4% by 2031-32

The plan was released today and consists of a review of the last five years (2017-2022) along with a detailed plan for the next five years (2022- 2027)

Non-fossil fuel-based power generation capacity to be 68.4% by 2031-32
Updated On : 31 May 2023 | 10:22 PM IST

14th Clean Energy Ministerial to be held in Goa in July: Power Minister

The 14th Clean Energy Ministerial will be organised in Goa in July to accelerate the development and usage of green energy, Power Minister R K Singh said on Thursday. Clean Energy Ministerial (CEM) was established in 2009 as a high-level global forum to promote the advancement of clean energy. India is one of the founding members of CEM. The coordination support for the CEM is provided by a multi-lateral CEM Secretariat based in Paris, France. Singh, who is also the minister for new and renewable energy, made the remarks at logo launch event of the 14th Clean Energy Ministerial in the national capital. "The Clean Energy Ministerial forum provides an opportunity to the country to convene the global clean energy community and engage on a diverse set of events and bring across the wide spectrum of clean energy innovation to deployment," the minister said. India is the host of the '14th Clean Energy Ministerial (CEM14)' and '8th Mission Innovation (MI8)' meetings for 2023 events to be

14th Clean Energy Ministerial to be held in Goa in July: Power Minister
Updated On : 25 May 2023 | 10:11 PM IST

Power Ministry panel outlines roadmap to develop electricity market

A power ministry-constituted panel has suggested a roadmap outlining the interventions for the near, medium, and long term for the development of the electricity market. The interventions suggested by the panel include setting up a mechanism to monitor whether adequacy of supply is being maintained by the state utilities, enhancing the efficacy of the Day-ahead Market, introducing a market-based mechanism for secondary reserves, and implementing 5-minutes based metering, scheduling, dispatch, and settlement. The proposed changes also include demand response and aggregation, which could reduce reserve requirements and lower electricity costs, according to a power ministry release. There will be strengthening of market monitoring and surveillance activities to keep track of participation and prevent price volatility. A regional-level balancing framework for deviation management will be implemented which would result in reduction in deviation penalties for the States at the ISTS level

Power Ministry panel outlines roadmap to develop electricity market
Updated On : 14 May 2023 | 10:49 PM IST

Power minister asks industry to set targets under Green Open Access Rules

Union New and Renewable Energy Minister R K Singh on Saturday directed the industry to set targets under Green Open Access Rules 2022. In June 2023, the government notified the Green Open Access Rules 2022 to further accelerate India's renewable energy programmes. These rules were notified for promoting generation, purchase and consumption of green energy including through waste-to-energy plants. It also enables a simplified procedure for the open access to green power. Singh chaired a meeting with Industry and other stakeholders in New Delhi on Green Energy Open Access Rules, an official statement said. "The minister exhorts industry leaders to set targets for going green. He called upon the industry leaders to set targets for going green and take advantage of the provisions of Green Energy Open Access Rules to get green power at reasonable rates," the ministry of power said. The Green Energy Open Access Rules 2022, Singh said, are a major step towards India cutting emissions by

Power minister asks industry to set targets under Green Open Access Rules
Updated On : 13 May 2023 | 8:40 PM IST

Power Ministry asks CERC to consult before drafting, changing rules

The ministry has said it is issuing this as there have been several instances where it had to intervene to the CERC for change in regulations

Power Ministry asks CERC to consult before drafting, changing rules
Updated On : 12 May 2023 | 10:11 PM IST

Power ministry to develop carbon credit trading scheme for decarbonisation

Union ministries of power and environment, forests & climate change will develop a carbon credit trading scheme for decarbonisation. The government plans to develop the Indian Carbon Market (ICM) where a national framework will be established with an objective to decarbonise the Indian economy by pricing the Green House Gas (GHG) emission through trading of the carbon credit certificates, a power ministry statement said. The Bureau of Energy Efficiency under the Ministry of Power along with Ministry of Environment, Forest & Climate Change are developing the Carbon Credit Trading Scheme. A one-day 'Stakeholder Consultation on Accredited Carbon Verifiers under ICM' was organised in the national capital on Thursday. Currently, India has an energy savings-based market mechanism and the new avatar scheme will enhance the energy transition efforts with an increased scope that will cover the potential energy sectors. For these sectors, the GHG emissions intensity benchmark and ...

Power ministry to develop carbon credit trading scheme for decarbonisation
Updated On : 11 May 2023 | 10:58 PM IST

Power Minister lays foundation for Powergrid's substation to add capacity

Union Power Minister RK Singh on Tuesday laid the foundation stone for Powergrid's substation in Bihar to expand capacity, an official statement said. "The augmentation of the 220/132 kV Ara sub-station will increase the total transformation capacity of the sub-station to 560 MVA. The scheme would facilitate meeting the demand for electricity for the next 10 years in Ara (Bihar). Uninterrupted power supply will lead to the industrial and commercial development of the area and also improve power availability in Bhojpur, Buxar and Rohtas districts," Powergrid said in a statement. Powergrid Chairman and Managing Director K Sreekant and Director Personnel VK Singh were also present during the event. Power Grid Corporation of India Limited is India's largest electric power transmission utility.

Power Minister lays foundation for Powergrid's substation to add capacity
Updated On : 09 May 2023 | 10:07 PM IST

State power utilities should monetise unused optic fibre infra: Assocham

Industry body Assocham has requested the government to direct state transmission utilities to take necessary steps to optimise the utilisation and monetisation of their spare optical ground wire capacity. A passive optical network or optical ground wire is a dual functioning cable. Besides transportation of power, these can be used for telecommunications purposes, Assocham said, adding that various state transmission utilities presently own and operate around one lakh km of such infrastructure with "ample spare optical ground wire (OPGW) capacity". In a letter to Power Minister R K Singh, Assocham said "there is a significant opportunity to monetise unutilised passive fibre infrastructure already built... by the various state transmission utilities (STUs)." The association, in its letter, has requested for directions to STUs to take the necessary steps to optimise the utilisation and monetisation of their spare optical ground wire capacity. Monetisation of existing unutilised passi

State power utilities should monetise unused optic fibre infra: Assocham
Updated On : 09 May 2023 | 2:08 PM IST

Power Ministry asks states to withdraw any tax on generation of electricity

It has come to the notice of Government of lndia (Gol) that some state governments have imposed taxes / duties on generation of electricity. This is illegal and unconstitutional

Power Ministry asks states to withdraw any tax on generation of electricity
Updated On : 26 Apr 2023 | 9:39 PM IST

Power Min revises framework to supply cheapest power lot first to consumers

The government has revised the framework for electricity supply to provide the cheapest power lot first to consumers and help state utilities to meet demand in a cost-effective manner. The power ministry has revised the structure of the Day-Ahead National level Merit Order Despatch Mechanism to lower the overall cost of electricity generation, which will translate into lower power prices for consumers, an official statement said Wednesday. As per the revised mechanism, the cheapest generating resources (power) across the country will be despatched (supplied) first to meet the system demand. The gains out of the proposed Day-Ahead National Merit Order Dispatch Mechanism would be shared between generating stations and their consumers. This will result in increased annual savings for electricity consumers. The existing mechanism of merit order dispatch in real-time was made operational in April 2019. The mechanism optimised the total variable cost of generation pan-India while meeting

Power Min revises framework to supply cheapest power lot first to consumers
Updated On : 26 Apr 2023 | 7:10 PM IST

Delhi to get more EVs as PFC sanctions Rs 633 cr loan for cabs, 3-wheelers

The 5,000 passenger e4Ws (Electric Four-Wheelers) being launched in Delhi are expected to result in emission savings of over 1,00,000 tons of Carbon dioxide

Delhi to get more EVs as PFC sanctions Rs 633 cr loan for cabs, 3-wheelers
Updated On : 21 Apr 2023 | 4:09 PM IST

Rule changes that will make discoms solvent, won't raise political heat

Power ministry will allow distribution companies to raise tariffs without waiting for regulators' approval

Rule changes that will make discoms solvent, won't raise political heat
Updated On : 19 Apr 2023 | 4:27 PM IST

Coal India needs to raise prices, but caught between political constraints

The state-owned miner needs to raise prices but it is caught between the political constraints on its major buyer, electricity producers and close decision-making control by the coal and power

Coal India needs to raise prices, but caught between political constraints
Updated On : 10 Apr 2023 | 11:13 PM IST

Power ministry seeks comments on draft carbon credit trading scheme

The power ministry on Monday issued a draft 'Carbon Credit Trading Scheme' with an aim to set up a framework for Indian carbon market and sought feedback from stakeholders. The comments on the draft scheme would have to be submitted with the ministry by April 14, 2023, an office memorandum stated. The parliament has passed the Energy Conservation (Amendment) Bill, 2022 and a notification for the same was issued in December 2022. One of the provisions of this amendment included empowering the central government to "specify carbon trading scheme", in consultation with Bureau of Energy Efficiency (BEE). Now the ministry of power is in the process to finalise the Carbon Credit Trading Scheme (CCTS). The CCTS provides that an 'Accredited Carbon Verifier' means an agency accredited by the BEE to carry out validation or verification activities in respect of the CCTS. The 'Carbon Credit Certificate' (CCC) means the certificate issued to the registered entity by the central government, or

Power ministry seeks comments on draft carbon credit trading scheme
Updated On : 27 Mar 2023 | 6:02 PM IST

India exploited 29% of hydropower potential: Power Minister to Parliament

India has exploited 29 per cent of its hydropower potential against over 80 per cent and 70 per cent developed by the US and European Union respectively, Parliament was informed on Tuesday. As per the Reassessment Study carried out by the Central Electricity Authority (CEA) during 1978-1987, the assessed hydropower potential in the country is about 1,45,320 MW (for projects with capacity above 25 MW), Power Minister R K Singh said in a written reply to Rajya Sabha on Tuesday. Singh said that 42,104.6 MW (29 per cent) out of 1,45,320 MW has been developed and 15,023.5 MW (10.3 per cent) is under construction. As per reports of the International Hydropower Association (IHA), the US has developed more than 80 per cent of its hydropower potential and the EU (European Union) has developed more than 70 per cent of its hydropower potential, he told the House. The main challenges in the development of hydroelectric potential in the country are remote location, unpredictable geology, natura

India exploited 29% of hydropower potential: Power Minister to Parliament
Updated On : 21 Mar 2023 | 7:57 PM IST

Smart prepaid meters to reduce power bills by up to 2.5%: Power Minister

Union Power Minister R K Singh on Monday urged electricity consumers to use smart prepaid meters, saying the device helps users bring down power cost by up to 2 per cent. Installation of smart prepaid meters reduces the operational and finance cost for electricity suppliers as consumers credit their account in advance, the minister said while releasing the 'Enabling a consumer-centric Smart Metering Transition in India' report here. "If you have a smart prepaid meter, your cost of electricity will come down by 2-2.5 per cent and the consumer gains (at benefit)," Singh said. Usage of smart meters will lead to digitisation of systems, automation and further efficiencies. It will help in energy accounting, which helps in identifying the areas which need attention. "Energy accounting system...is another challenge which we are still tackling," he said. According to the findings of the report released, the users of smart prepaid meters are having better experiences compared to conventio

Smart prepaid meters to reduce power bills by up to 2.5%: Power Minister
Updated On : 20 Mar 2023 | 6:28 PM IST

Thermal plants had 33.5 MT coal on Sunday, enough for 12 days: Power Min

Thermal power plants monitored by the Central Electricity Authority (CEA) had 33.5 million tonne of coal stock as on Sunday, which was sufficient to run them for 12 days at 85 per cent capacity utilisation, Parliament was informed on Thursday. This assumes significance in view of projection of an unprecedented high demand of electricity during this summer. Electricity demand is expected to touch 229 GW next month as per power ministry estimates. "As on 12.03.2023, the total coal stock available with coal-based thermal power plants monitored in CEA is 33.5 Million Tonne (MT), which is sufficient for an average of 12 days at a requirement of 85 per cent Plant Load Factor (PLF)," Union Power Minister R K Singh said in a written reply to Lok Sabha. In another reply to the House, Singh stated that as on January 31, 2023, coal (including lignite) based installed capacity was 51.27 per cent of the total installed capacity. The CEA has carried out generation expansion planning studies and

Thermal plants had 33.5 MT coal on Sunday, enough for 12 days: Power Min
Updated On : 16 Mar 2023 | 10:41 PM IST

Top headlines: Reliance ups ante with Campa, Adani to sell stake in Ambuja

Business Standard brings you the latest headlines at this hour

Top headlines: Reliance ups ante with Campa, Adani to sell stake in Ambuja
Updated On : 11 Mar 2023 | 8:43 AM IST