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India`s power sector set for robust growth amid renewable energy push As India is poised to see a surge in energy demand than any other country over the next decade owing to its sheer size and scale of rising demand from all sectors, the country’s power transmission sector is set for significant growth due to ambitious renewable energy targets.  The Central Electricity Authority expects $110 billion in investments over FY22-32E, as electricity demand surges amid ambitious renewable energy capacity addition targets. According to Japanese brokera...
India`s power sector set for robust growth amid renewable energy push
India`s power sector set for robust growth amid renewable energy push
Source: IANS
2024-11-09 11:00:23 am
India surpasses 200 GW-mark in renewable energy production Led by solar and wind energy, India has crossed the 200 gigawatt (GW)-mark in renewable energy (RE) production in the month of September.  As per latest data from the Central Electricity Authority (CEA), the renewable energy-based electricity generation capacity (including small and large hydro, biomass and co-generation and waste-to-energy) crossed the 200 GW-mark in September. The total RE production reached 201,457.91 MW, driven by solar at 90,762 MW and wind energy production a...
India surpasses 200 GW-mark in renewable energy production
India surpasses 200 GW-mark in renewable energy production
Source: IANS
2024-10-14 10:25:23 am
Centre approves 2 hydro pumped storage projects with 2,500 MW capacity The government on Sunday said it has approved two more hydro pumped storage projects (PSPs) towards realising the country's renewable energy (RE) goals.  The Central Electricity Authority (CEA) green-lighted these PSPs in Maharashtra —1,500 MW Bhavali PSP being developed by JSW Energy and 1,000 MW Bhivpuri PSP being developed by Tata Power. The hydro PSPs will collectively provide a storage capacity of more than 15 GWh (gigawatt hours), according to Ministry of Power. ...
Centre approves 2 hydro pumped storage projects with 2,500 MW capacity
Centre approves 2 hydro pumped storage projects with 2,500 MW capacity
Source: IANS
2024-09-22 05:55:52 pm
India set to achieve 50 pc electric power from non fossil fuel-based energy by 2030 India stands committed to achieving about 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, the government has said.  At present, India has already achieved 45.5 per cent installed capacity from non-fossil fuel-based resources. In order to reduce the dependency on coal-based thermal power plants, the government has planned to augment non-fossil fuel-based installed electricity generation capacity and the thermal capacity a...
India set to achieve 50 pc electric power from non fossil fuel-based energy by 2030
India set to achieve 50 pc electric power from non fossil fuel-based energy by 2030
Source: IANS
2024-08-06 12:02:00 pm
Power Ministry sets up panel for monitoring thermal power projects The Union Power Ministry has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring and execution of thermal power projects that are under implementation. Headed by the Central Electricity Authority’s (CEA) Member (Thermal), the group comprises the CEA chief engineer or above level official and six retired senior officials of CEA/NTPC/DVC. Two deputy director-level officials of the CEA will assist the group. The Ministry’s move comes against th...
Power Ministry sets up panel for monitoring thermal power projects
Power Ministry sets up panel for monitoring thermal power projects
Source: IANS
2024-04-04 10:07:11 am
Centre tells states to meet guidelines for ensuring adequate power to consumers  Union Ministry of Power has sent a detailed letter to all states and union territories for adherence to “Resource Adequacy Guidelines” in order to ensure adequate growth in the nation’s power capacity in line with the rapidly growing electricity demand. The letter states that as per the Resource Adequacy (RA) Guidelines, the distribution licensees are mandated to prepare RA Plan for a 10-year horizon (on a rolling basis) to meet energy requirements. “It is ...
Centre tells states to meet guidelines for ensuring adequate power to consumers
Centre tells states to meet guidelines for ensuring adequate power to consumers
Source: IANS
2024-02-12 11:36:05 am
Coal India beats Q2 profit view on high power demand amid weak monsoon Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon. The state-run miner posted a consolidated net profit of 68 billion rupees ($816.3 million) for the quarter ended Sept. 30, up 12.5% from last year. It also beat analysts' estimate of 63.70 billion rupees, as per LSEG data. Power demand in India, which usually peaks in May due to extreme summer heat, remained high in the reporting quarte...
Coal India beats Q2 profit view on high power demand amid weak monsoon
Coal India beats Q2 profit view on high power demand amid weak monsoon
Source: Reuters
2023-11-10 06:17:39 pm
As many as 86 thermal power plants had critical coal stock levels as of October 18: CEA A Central Electricity Authority (CEA) in its latest report has said that as many as 86 thermal power plants in the country, including six imported dry fuel-based, had critical coal stock levels as of October 18, 2023. The power plants are labelled as having a critical coal stock situation, where the dry fuel is less than 25 per cent of the normative level. CEA monitors 181 coal-based thermal power plants in the country with a total installed generation capacity of 206 GW.As per the report, 14...
As many as 86 thermal power plants had critical coal stock levels as of October 18: CEA
As many as 86 thermal power plants had critical coal stock levels as of October 18: CEA
Source: Accord Fintech
2023-10-23 11:51:41 am