Drop in retail and recreation visits, essential shopping
India will supply 20 per cent more power to Bangladesh as the two countries renewed the contract for another five years, officials said on Sunday. Tripura State Electricity Corporation Limited (TSECL) will supply 192 mw power to Bangladesh, an increase from the earlier 160 mw it supplied, as per the renewed agreement. India and Bangladesh inked an agreement on January 11, 2010 for power trading at a mutually agreed price. The agreement had expired on March 16, 2021, officials said. TSECL MD MS Kele and NTPC Vidyut Vyapar Nigam Ltd CEO Praveen Saxena represented India and signed the renewal agreement in Dhaka on December 2. Bangladesh was represented by its Power Secretary and Director of Bangladesh Power Development Board (BPDB). The new agreement came into effect from March 17, 2021 and would be in force till March 16, 2026, officials said. The modified terms and conditions of the agreement were finalised after four meetings between the stakeholders, they said.
The country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW
The number of plants having supply agreements with Coal India with inventories of three days or less fell to 31, as of Nov. 29, latest data from the federal power ministry shows
Power generation, traffic numbers hold steady
Power generation has also continued to move higher after Diwali
Traffic congestion also saw an uptick compared to the previous week
Power generation, traffic congestion decline in the latest week
Providing statistics, the ministry said the deficit stood at 0.4 per cent in 2020-21 compared to 16.6 per cent in 2007-08 and 10.6 per cent in 2011-12.
Total revenue from operations during the period under review stood at Rs 985.2 crore as against Rs 497.48 crore in the year-ago period
Traffic congestion rose during the latest week
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
Traffic congestion was also up during the week
Ministry of Power on Friday issued guidelines for operationalising optimum utilisation of generating stations as per the requirement in the electricity grid. A ministry directive issued on Friday provided guidelines in this regard. According to the order of the ministry, it has been brought to the notice of the government that some power plants are not generating to their full capacity at any given time and the unutilised capacity remains idle as they are tied up under power purchase agreements. Whereas in the public interest, such power needs to be despatched (supplied) where there is a requirement in the grid by the other users or consumers, it stated. According to the Tariff Policy, 2016, power stations are required to be available and ready to dispatch supply at all times. For optimum utilisation of un-requisitioned generation capacity of any generating stations regulated under Section 62 as well as those having PPA (power purchase agreement) under Section 63 of the Electrici
The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic
Freight numbers, traffic congestion lower than before
India's power consumption grew 1.83 per cent in September to 114.49 billion units (BU), showing subdued recovery according to power ministry data.
Business Standard tracks these indicators on a weekly basis to get a current sense of how the economy is doing
CIL has been writing to power generating companies since October last year urging them not to regulate the intake of coal and build up stock at their end
Power generation and freight growth slow down