Page 8 - Power Ministry

Peaking gas and power units to run under special scheme next summer

Move aimed at handling peak demand, NTPC-GAIL to ink pact, PowerMin to fund the scheme

Govt will make efforts to meet 230-Gw peak demand in April 2023: Power secy

The government will take all possible measures to meet the 230 gigawatt (GW) single-day peak demand expected in April 2023, according to Power Secretary Alok Kumar. On Wednesday, Power Minister R K Singh presided over a meeting to review the preparation to meet the high electricity demand expected in April next year. The top power ministry official, Chairperson of the Central Electricity Authority (CEA) Ghanshyam Prasad besides other government officers were part of the meeting. On the outcome of the meeting, the secretary told PTI there are two parameters on which the government will work. Firstly, it will ensure there should be enough power generation capacity, and for that companies have been directed to carry out maintenance work of their plants so there is no issue at that time, he said. According to Kumar, the demand in April next year could be as high as 230 GW. As per official figures, the maximum all-India power demand met at 2:51 pm on April 26, 2022 was 201.066 GW. Th

Single-day peak power demand to rise by up to 35,000 MW in April: Power min

The single-day peak demand for power is expected to increase by up to 35,000 MW in April 2023 and the government has started preparations to meet the same, Union minister R K Singh said on Wednesday. Speaking to PTI, the minister for power, new & renewable energy said he is taking up a meeting this evening to review the preparation of the expected demand which will be seen in April next year. According to official figures, the maximum all-India power demand met at 2:51 pm in April 2022 was 201.066 GW. The single-day demand is expected to grow by 30,000 MW to 35,000 MW in April, Singh said on the sidelines of the launch of 'Plan on Transmission System for integration of 500-MW non-fossil Fuel Capacity by 2030'. "Today, on a daily basis the demand is 20,000 MW-25,000 MW more over the corresponding day last year...The meeting is about what will be the demand in April and how prepared we are to meet that," he said. Power Secretary Alok Kumar, Chairperson of the Central Electricity ...

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

Power Min waives inter-state transmission charges for new hydro projects

The Power Ministry on Friday announced a waiver of inter-state transmission charges on wheeling electricity for 18 years for new hydropower projects. The waiver is already available to solar and wind power projects. The government has set an ambitious plan to have 500 GW of generation capacity from non-fossil energy-based sources by 2030. "In a further step to realise the Government of India's commitment to achieve its power requirement from renewable energy sources, Ministry of Power has issued an order for the waiver of Inter-State Transmission system (ISTS) charges on transmission of electricity generated from new hydro-power projects," a power ministry release said. Hydropower projects, being clean, green and sustainable will be of paramount importance in our clean energy transition journey. They are also essential for the integration of solar and wind power, which are intermittent in nature, the ministry said. In acknowledgement of the inherent qualities of hydro-power, the ..

India's gas target of 15% was only aspirational. Time to give it up?

While several bankers and analysts have projected the difficulty of reaching this number, it is important to figure out where the target of 15 per cent came from

Power Min launches schemes to procure 4,500 MW electricity supply for 5 yrs

The Power Ministry has launched a scheme for the procurement of aggregate electricity of 4,500 MW for five years under of the SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) policy. "Ministry of Power kicks off a scheme for procurement of aggregate power of 4500 MW on competitive basis for five years on Finance, Own and Operate (FOO) basis under B (v) of SHAKTI Policy," a power ministry release said. PFC Consulting Ltd, a wholly-owned subsidiary of PFC Ltd, has been designated as the nodal agency by the Ministry of Power. Under the scheme, the PFC Consulting Ltd has invited bids for the supply of 4,500 MW. The supply of electricity will commence from April 2023. The Ministry of Coal has been requested to allocate around 27 MTPA for this, it stated. The utilities that have evinced interest for the scheme are Gujarat Urja Vikas Nigam Ltd, Maharashtra State Electricity Distribution Company Ltd, Madhya Pradesh Power Management Company Ltd, New Delhi Municip

PowerMin invites bids to supply 4.5 Gw electricity during coming summer

Power to be supplied for five years, qualifying gencos to get coal under SHAKTI scheme

Liberal eligibility key criteria in largest commercial coal mines auction

The Centre is hoping to entice interest from a variety of sectors beyond the core infrastructure

Centre to approve Rs 32k cr investment for power project in Arunachal

Union Power Minister RK Singh on Tuesday assured Arunachal Pradesh Deputy CM Chowna Mein that the Centre would soon approve an investment of Rs 32,000 crore for the Dibang hydroelectric project

Govt proposes pool of old thermal power units to balance more renewable

Pool to address grid balancing concern as states relinquish costly thermal power to procure more RE

Top headlines: Morbi death toll at 132; India Inc eyes Dubai for investment

Prime Minister Narendra Modi on Sunday said he could foresee that India would soon be manufacturing big passenger aircraft that would proudly bear the words 'Made in India'.

Ministries of coal, power to finalise freight cost cut plan: NITI Aayog

Senior coal ministry officials told Business Standard they were aware of the report that NITI Aayog was preparing

Survival of discoms is questionable now: PowerMin to state govts

Lack of timely payment, especially from the other government departments in the state, is one major reason crimping the payment ability of discoms

Adani, GMR and L&T place bids for smart meter tender in Uttar Pradesh

These smart meters will be installed in the areas of four of the five power distribution companies of UP, namely PuVNL, PVVNL, DVVNL and MVVNL.

DY Chandrachud to head panel for appointment of electricity tribunal

The position of the chairperson of APTEL has been vacant since August 2021

Thermal plants not co-firing enough biomass likely to face penalty

The power ministry would also consider reducing coal supply to TPPs not complying with its policy on biomass co-firing, according to a Ministry of Environment, Forest and Climate Change statement

India mulls Rs 20,000-cr aid to manufacture grid-scale batteries

Worried over rival China's dominance in lithium, the nation is in talks with countries including Australia to secure supplies of the battery metal, he said

Top Headlines: PFC as India's lead DFI; card-on-file tokenisation, and more

The Union power ministry has moved a proposal to grant Power Finance Corporation (PFC) the status of a development financial institution (DFI)

Power Ministry pitches PFC as India's lead DFI for energy transition

Power min writes to FinMin, pitching PFC as lead agency for energy transition funding