Page 30 - Power Sector

India's electricity demand picks up in Oct as coal shortage lingers

India's electricity demand grew 4.9% during the first half of October, with supply falling short of demand by 1.4% despite a 3.2% rise in coal-fired generation and 30% rise in solar output

India's October power supply deficit worst since March 2016

The October shortfall was already the biggest in absolute terms for a single month since November 2018, even with 19 days of October still left.

Power crisis: Lessons for India from China's power policy changes

India, which too is in a coal and power crisis, has lessons to learn from this since domestic coal shortage is not the only cause for concern for its power generation sector

PMO reviews coal supply, power availability situation

The government is looking at ways to defuse the energy crisis being faced by several states

NTPC says Delhi discoms scheduling only 70% of power available with them

On Monday, Chief Minister Arvind Kejriwal had said that the power situation is "very critical" in the entire country.

Power situation 'very critical' in entire country, says Kejriwal

Kejriwal said all efforts were being made to address the power crisis and his government did not want that any "emergency situation" is created.

Tata Power surges 9% on heavy volumes; stock zooms 40% in two weeks

Tata Power is India's largest, integrated power company and operates across the power value chain

Ample coal stocks for power plants; no blackout risk, says govt

States continue to flock spot market, prices at record high

India says it has ample coal stocks for power sector

State-run Coal India Ltd is using its 40 million tonne stocks to replenish utilities, which together have 7.2 million tonnes of inventory, equivalent to four days' requirements, the ministry statement

Total power outage in Lebanon as grid shuts down after running out of fuel

Lebanon's electricity grid has shut down entirely after the country's two main power stations ran out of fuel

Govt releases guidelines for cybersecurity in power sector

The government on Thursday announced the release of guidelines for cybersecurity in the power sector for the first time, to create a secure cyber ecosystem. Under the direction of Union Power and New & Renewable Energy Minister R K Singh, the Central Electricity Authority (CEA) has prepared the guidelines for cybersecurity in the power sector and it was released on Thursday, the power ministry said in a statement. The CEA under the provision of Section 3(10) on cybersecurity in the 'Central Electricity Authority (Technical Standards for Connectivity to the Grid) (Amendment) Regulations, 2019' has framed the guidelines on cybersecurity in the power sector to be adhered to by all power sector utilities to create a secure cyber ecosystem. The ministry said this is the first time that comprehensive guidelines have been formulated on cybersecurity in the power sector. The guidelines lay down actions required to raise the level of cybersecurity preparedness for the power sector. The ...

NTPC, lectricit de France ink pact for int'l power project opportunities

State-run power giant NTPC has inked a pact with lectricit de France S.A. (EDF) for cooperation in international power sector.

Coal shortage in India leads to soaring costs for steel producers

'Mills are paying more than four times the normal costs for procuring coal from e-auctions and from mines'

Centre to revise coal stock norms to avert future crisis

The power sector's current daily demand is 1.7 mt, of which 1.3 mt is met by CIL

Further re-rating likely for NTPC stock: Here are a few possible triggers

Capacity expansion, high operational efficiency, focus on renewables and reasonable valuation are triggers

Energy crisis: India says coal crisis could drag on as long as six months

More than half the nation's plants are on alert for outages after surging electricity demand and a slump in local coal output eroded stockpiles

Power stocks extend gain as demand seen rising; Tata Power up 26% in a week

The rating agency ICRA has revised energy demand growth outlook upwards from 8 per cent to 8.5 per cent for 2021-22

Coal India supply to power sector grows by 12% to 118 MT in Sep qtr

Coal India accounts for over 80 per cent of domestic coal output.

Power cost to remain high as imported coal prices soar: Ind-Ra

Short-term power prices are likely to remain elevated in the near term on account of a continued increase in imported coal prices, according to rating agency Ind-Ra. It noted that a large part of the increased power generation would continue to be met through coal-based plants, although coal output is not increasing to the desired level. This is reflected in low inventory stocks at power plants, and therefore, a part of the increased energy demand will have to be met through imported coal, Ind-Ra said. In light of the expected high imported coal prices, the short-term power prices in India are likely to remain elevated, it stated. The speedy recovery in power demand post the second wave of COVID-19 infections, coupled with lower than adequate domestic coal production, led to a reduction in coal inventory levels at various power plants, it said. The coal production by Coal India increased marginally to 209.2 million tonne (mt) in April-August period of the ongoing fiscal year as ..

Taking stock: As global energy intensifies, some companies are winning

While rising power prices hurt all users, it is particularly acute for energy-intensive materials and metal companies.