Power ministry has sought a two-year extension from the environment ministry for utilities to install emission cutting equipment, according to a power ministry letter
'Lack of payment discipline' is hurting electricity generation and investments in the sector, says letter.
The power ministry has directed all gencos to ensure adequate stocks at their power plants for smooth operation until October 2022
The direction assumes significance in view of the power ministry's earlier order that asked all imported coal-based plants to produce electricity at their 100% generation capacity
State-run SJVN Ltd has bagged a 90 MW floating solar project worth Rs 585 crore at Omkareshwar, in Madhya Pradesh. SJVN has bagged 90 MW Floating Solar Project at the rate of Rs 3.26/Unit on Build Own and Operate basis in a tender floated by REWA Ultra Mega Solar Ltd (RUMSL), Nand Lal Sharma, Chairman & Managing Director, SJVN said in a statement. SJVN will develop this project in the country's largest floating solar park at Omkareshwar in Khandwa District of Madhya Pradesh. According to the statement, the cost of developing this project will be approximately Rs 585 crore. After commissioning, the project will generate 219 Million Units in the first year and 5,158 Million Units over a period of 25 years. The Power Purchase Agreement will be signed between RUMSL and SJVN for 25 years. The project shall be commissioned within a period of 15 months from the date of signing of PPA. "This is our largest floating solar project bagged through tariff-based competitive bidding process.
India is facing its worst power crisis in over six years, and officials have been scrambling to arrange supply for power plants whose pre-summer inventories are at over nine year lows
The situation cries out for more global investment in India to retire coal, buy out existing contracts, compensate affected communities and switch to renewables
Electricity outages and curbs have spread across more than half of all states and the nation's coal-dominated energy system is expected to come under further strain
The move can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April
The move, which marks first time the country is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April.
Union power minister R K Singh on Tuesday urged German energy firms to invest in India as the country has emerged as the most attractive destination for investment in renewable energy sector. "Union Minister for Power and New & Renewable Energy R K Singh held a virtual round-table meeting today with major German energy companies about their expansion in India," said a statement by the Ministry of New and Renewable Energy (MNRE). Union secretary for power Alok Kumar, joint secretary MNRE Vandana Kumar and other senior officials from India and Germany also joined the meeting. Singh said that India has emerged as the most attractive destination for investment in Renewable Energy (RE). The country has focused programmes for capacity addition and accelerating the energy transition, he added. The minister said that India already has one of the largest RE capacities in the world, and the country has the fastest rate of growth of RE capacity addition. Singh emphasised that India will add
Experts opined that the power demand and consumption would show robust growth in the coming months as the states have lifted almost all local restrictions after a decline in the positivity rate
Union Power Minister R K Singh has said the Delhi government is misleading the public with incorrect information about the electricity situation in the national capital.
The demand surpassed last year's maximum demand met of 200.539 GW which occurred on July 7, 2021
It has surpassed last year's (record of) maximum demand met of 200.539 GW which occurred on 7th July 2021, it informed
States such as Punjab, Uttar Pradesh, Maharashtra, Haryana and Andhra Pradesh are witnessing powercuts amid low coal stocks
Larger visibility has been given to the power plants by extending the period of supply of coal from 1 to 3 years, the ministry said in a statement
Cabinet clears use of land not meant for coal mining
It has also allowed tolling which essentially would mean giving electricity producers access to coal near a plant rather than transporting it from allocated mines that may be in far away areas
Targets for depts that lagged to be rolled over